Mortgage applications for new-home purchases fell 2.6% in October, but new-home sales rose, driven by lower rates and increased use of ARMs.
The average rate on a 30-year U.S. mortgage fell this week to its lowest level in more than a year, extending a recent trend that’s helped give lagging U.S. home sales a boost. The average long-term ...
Sales of previously occupied U.S. homes accelerated in September as declining mortgage rates and a pickup in available properties on the market encouraged home shoppers. Existing home sales rose 1.5% ...
The dollar index (DXY00) on Thursday rose by +0.04% as it awaits Friday's US CPI report for September. The dollar garnered support from Thursday's existing US home sales report, which showed sales ...
The U.S. mortgage landscape is changing as average rates rise above pre-pandemic levels, impacting homeowner behavior and the housing market. With more homeowners holding expensive mortgages, the ...
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Stocks Fall Ahead of Nvidia Earnings and US Economic DataThe S&P 500 Index ($SPX) (SPY) on Monday fell by -0.92%, the Dow Jones Industrials Index ($DOWI) (DIA) fell by -1.18%, and ...
Sales of previously occupied U.S. homes accelerated in September as declining mortgage rates and a pickup in available properties on the market encouraged home shoppers. Existing home sales rose 1.5% ...
Electric vehicle sales in the US plunged in October as federal tax credits worth up to $7,500 ended, with Ford, Hyundai, Kia, ...
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