Today: September 21, 2024
Today: September 21, 2024

Latest From ALEX VEIGA

Business|News

Sluggish start for spring homebuying season as home sales fall in March with mortgage rates rising

The spring homebuying season is off to a sluggish start as home shoppers contend with elevated mortgage rates and rising prices

Sluggish start for spring homebuying season as home sales fall in March with mortgage rates rising
Business|News

Average long-term US mortgage rate edges closer to 7%, rising to highest level since early March

The average long-term U.S. mortgage rate rose to its highest level in five weeks, a setback for prospective homebuyers during what’s traditionally the busiest time of the year for home sales

Average long-term US mortgage rate edges closer to 7%, rising to highest level since early March
Business|Economy|News

Homebuyers’ quandary: to wait or not to wait for lower mortgage rates

Shop for a home now or hold out for possibly lower mortgage rates

Homebuyers’ quandary: to wait or not to wait for lower mortgage rates
Business|News

Investors pushing for fatter yields on mortgage-backed securities may undercut easing mortgage rates

Mortgage rates are expected to come down later this year, but any benefit to homebuyers could be muted by developments in the market for financial instruments tied to mortgages

Investors pushing for fatter yields on mortgage-backed securities may undercut easing mortgage rates
Business|News

Average long-term US mortgage rate rises modestly this week, holding just below 7%

The average long-term U.S. mortgage rate rose modestly this week, holding below 7% as it has for much of this year

Average long-term US mortgage rate rises modestly this week, holding just below 7%
Business|Economy|News

Compass agrees to pay $57.5 million, make policy changes to settle real estate commission lawsuits

Real estate brokerage company Compass Inc. will pay $57.5 million as part of a proposed settlement to resolve lawsuits over real estate commissions

Compass agrees to pay $57.5 million, make policy changes to settle real estate commission lawsuits
Business|News

Average long-term US mortgage rate climbs back to nearly 7% after two-week slide

The average long-term U.S. mortgage rate climbed back to nearly 7%, just under where it was two weeks ago, pushing up borrowing costs for home shoppers with the spring homebuying season underway

Average long-term US mortgage rate climbs back to nearly 7% after two-week slide
Business|News

February home sales hit strongest pace in a year as mortgage rates ease and more houses hit market

Sales of previously occupied U.S. homes rose in January from the previous month to the strongest pace in a year as homebuyers were encouraged by a modest pullback in mortgage rates and more properties on the market

February home sales hit strongest pace in a year as mortgage rates ease and more houses hit market
Business|News

National Association of Realtors to pay $418 million to settle real estate agent commission lawsuits

A powerful real estate trade association has agreed to pay $418 million and change its rules to settle lawsuits claiming homeowners have been unfairly forced to pay artificially inflated agent commissions when they sold their home

National Association of Realtors to pay $418 million to settle real estate agent commission lawsuits
Business|News

Home sellers are cutting list prices as spring buying season starts with higher mortgage rates

More homeowners eager to sell their home are lowering their initial asking price in a bid to entice prospective buyers as the spring homebuying season gets going

Home sellers are cutting list prices as spring buying season starts with higher mortgage rates
Business|News|Technology

Amazon joins 29 other 'blue chip' companies in the Dow Jones Industrial Average

Amazon

Amazon joins 29 other 'blue chip' companies in the Dow Jones Industrial Average
Business|Economy|News

Average long-term US mortgage rose again this week to highest level since mid December

The average long-term U.S. mortgage rate rose this week for the third time in as many weeks, driving up home loan borrowing costs in just as the spring homebuying season ramps up

Average long-term US mortgage rose again this week to highest level since mid December
Business|Economy|News

Home sales rose in January as easing mortgage rates, inventory enticed homebuyers

Sales of previously occupied U.S. homes rose in January as homebuyers seized upon easing mortgage rates and a modest pickup in properties on the market

Home sales rose in January as easing mortgage rates, inventory enticed homebuyers
Business|Economy|News

Average long-term US mortgage rate rose this week to 6.77%, highest level in 10 weeks

The average long-term U.S. mortgage rate rose this week to its highest level in 10 weeks, a setback for prospective homebuyers ahead of the spring homebuying season

Average long-term US mortgage rate rose this week to 6.77%, highest level in 10 weeks
Business|Economy|News

Keller Williams agrees to pay $70 million to settle real estate agent commission lawsuits nationwide

One of the nation’s largest real estate brokerages has agreed to pay $70 million as part of a proposed settlement to resolve more than a dozen lawsuits across the country over agent commissions

Keller Williams agrees to pay $70 million to settle real estate agent commission lawsuits nationwide
Business|Economy|News

2023 was slowest year for US home sales in nearly 30 years as high mortgage rates frustrated buyers

Sales of previously occupied U.S. homes sank in 2023 to a nearly 30-year low as mortgage rates climbed to the highest level in more than two decades, pushing homeownership out of reach for many Americans

2023 was slowest year for US home sales in nearly 30 years as high mortgage rates frustrated buyers
Business|News

Boost for homebuyers: Average long-term mortgage rate falls to 6.6%, lowest level since May

The average long-term U.S. mortgage rate fell this week to its lowest level since May, welcome news for prospective homebuyers facing rising home prices and intense competition for relatively few properties on the market

Boost for homebuyers: Average long-term mortgage rate falls to 6.6%, lowest level since May
Business|News

Average long-term mortgage rates rise again, reaching their highest level in 4 weeks

The average long-term U.S. mortgage rate rose for the second time in as many weeks, climbing to its highest level in four weeks

Average long-term mortgage rates rise again, reaching their highest level in 4 weeks
Business|News

Average long-term mortgage rates edge higher, snapping 9-week slide

The average long-term U.S. mortgage rate edged higher this week, ending a nine-week slide that gave prospective homebuyers some breathing room after home loan borrowing soared to the highest level in more than two decades

Average long-term mortgage rates edge higher, snapping 9-week slide
Business|Economy|News

Homebuilders step up construction of single-family homes as 30-year mortgage rate eases below 7%

Homebuilders are stepping up construction of single-family homes following a steady decline in mortgage rates and broad expectation among economists that home loan borrowing costs will ease further next year

Homebuilders step up construction of single-family homes as 30-year mortgage rate eases below 7%
Business|News

5-month skid in home sales snapped in November as easing mortgage rates give buyers breathing room

Sales of previously occupied U.S. homes rose in November, ending a five-month skid, as easing mortgage rates encouraged homebuyers

5-month skid in home sales snapped in November as easing mortgage rates give buyers breathing room
Business|News|Political

Activision Blizzard to pay $54 million to settle California state workplace discrimination claims

Activision Blizzard has agreed to pay about $54 million to settle discrimination claims brought by California’s civil rights agency on behalf of women employed by the video game maker

Activision Blizzard to pay $54 million to settle California state workplace discrimination claims
Business|News

The average long-term US mortgage rate dips below 7% to its lowest level since early August

The average long-term U.S. mortgage rate dropped below 7% to its lowest level since early August, another boost for prospective homebuyers who have largely been held back by sharply higher borrowing costs and heightened competition for relatively few homes for sale

The average long-term US mortgage rate dips below 7% to its lowest level since early August
Business|News

The average long-term US mortgage rate falls to 7.22%, sliding to lowest level since late September

The average long-term U.S. mortgage rate fell for the fifth week in a row, more good news for prospective homebuyers grappling with an increasingly unaffordable housing market

The average long-term US mortgage rate falls to 7.22%, sliding to lowest level since late September
Business|Economy|News|World

Stock market today: Wall Street ends mixed in half-day session, marks fourth straight winning week

Stocks drifted to a mixed finish after a half-day trading session capped a holiday shortened week that left the major indexes with their fourth straight winning week

Stock market today: Wall Street ends mixed in half-day session, marks fourth straight winning week

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