Tag: U.S. housing marke

Mortgage rates increased for the week ending April 22, thereby bringing an end to weeks of mortgage rate declines. This shift has convinced many rate-sensitive buyers to put off their home purchase plans for the meantime. Freddie Mac reported that the average 30-year fixed mortgage...

Data from the National Association of Realtors on Thursday showed that U.S. home sales declined in March, with prices falling as well. This marks a particularly tepid start to the spring homebuying season, with buyers already facing a surge in mortgage rates and a...