Tag: housing market

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US Mortgage Rates Ease to 6.65%, Still Above Last Year’s Levels

The 30-year fixed U.S. mortgage rate slipped to 6.65% this week, Freddie Mac said Thursday, but rates remain higher than a year ago, limiting buyers.

Rising U.S. Bond Yields Push Mortgage Rates Higher, Squeezing Home Buyers

Surging long-term U.S. Treasury yields are lifting mortgage and consumer borrowing costs, dealing a fresh blow to home buyers as the bond selloff deepens.

Home Depot Beats Q2 Estimates and Backs Outlook Amid Frozen Housing Market

Home Depot topped Wall Street forecasts with $47.86 billion in Q2 revenue as customers focused on smaller projects, reaffirming its full-year guidance.

US Mortgage Rates Fall to 6.67%, First Drop in Six Weeks

The average U.S. 30-year mortgage rate fell to 6.67%, its first decline in six weeks, though borrowing costs remain higher than a year ago.

US Mortgage Rates Stop Rising, Nudging Homebuyer Demand Back

US mortgage rates eased slightly this week, halting a run of increases and drawing modest homebuyer and refinance demand back into a subdued market.

US Mortgage Rates Reach Highest Level in Over a Year, Cooling Housing Demand

US mortgage rates have risen to their highest level in over a year, pushing demand below year-ago levels amid geopolitical uncertainty over the Strait of H

U.S. Mortgage Rates Climb for Fifth Straight Week to Highest Level in a Year

The 30-year fixed U.S. mortgage rate rose to 6.69%, its fifth straight weekly increase and the highest level in over a year, straining homebuyers.

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