Friday, August 7, 2020

Instant Reaction: Latest Mortgage Rates and Unemployment Filings

Instant Reaction: Latest Mortgage Rates and Unemployment Filings: Interest rates inched up slightly, to 3.02% on a 30-year fixed-rate mortgage, but they are essentially at near-record-low levels. The housing market is hot because of the lower mortgage rates, but the luxury market may remain soft due to jumbo loan issues.

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NAR Existing-Home Sales Report Shows 0.2% Increase in April

NAR Existing-Home Sales Report Shows 0.2% Increase in April : Month-over-month sales increased in the Midwest and the South, were unchanged ...