News

On June 23, the U.K. voted to sever its economic and political union with Europe after a quarter century. The British exit—Brexit— came as a great surprise, shaking financial markets and lowering the outlook for economic growth in[...]

Mortgage rates fell for the second week, averaging 3.54 percent, down from 3.60 percent. A year ago at this time, a 30-year, fixed-rate home loan was 4.0 percent, according to Freddie Mac.   That’s not far from a historic low. Home loans[...]

The Redfin Housing Demand Index fell 5.3 percent to 114 in May, the sixth-consecutive month of year-over-year declines. Early stage demand remained strong, with the number of Redfin customers requesting tours up 17.7 percent year over[...]

Mortgage rates were little changed, averaging 3.56 percent from from 3.54 percent a week earlier. A year ago, a 30-year, fixed-rate home loan was 4.02 percent, according to Freddie Mac.   It can’t be said enough — home loans are[...]

Mortgage rates hit a new low for the year, falling to 3.48 percent after Britain voted for a divorce from Europe. Last week, the average 30-year fixed-rate loan was 3.56 percent, according to Freddie Mac. A year ago it was above 4[...]