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 Pending Home Sales Report Shows 3.3% Increase in November

NAR Pending Home Sales Report Shows 3.3% Increase in November : Homebuyer momentum is building, with month-over-month and year-over-year pen...