Mortgage Rates Hit New Low
The average rate for the 30-year fixed-rate mortgage reached another new low, with the average rate coming in at 3.15%, according to Freddie Mac. “The 30-year fixed-rate mortgage has again… Read more »
Tag: Data
Nearly Half of Offers Faced Competition in April
According to a report by Redfin, the arrival of spring has brought with it a surge in bidding wars. Specifically, Redfin reports that just shy of half of its offers… Read more »
Homebuilder Confidence on the Rise
According to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), builder confidence in the market for newly-built single-family homes rose an impressive seven points to 37…. Read more »
The Week Ahead: Will Housing Starts, Permits Rebound?
The U.S. Census Bureau will release its latest number surrounding housing starts, permits, and completions for April. Numbers last month for March found housing data fell off the cliff. Housing… Read more »