Home prices begin to cool as active listings jump 35%
Some of the heat is coming out of home prices, even though they're still higher than they were a year ago.
Diana Olick in asian news
Weekly mortgage demand drops as interest rates hit the highest level since August
An abrupt turn higher for mortgage interest rates caused weekly demand from both potential homebuyers and current homeowners to drop. Total mortgage application volume fell 5.1% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index.
Mortgage rates spike after stronger-than-expected jobs report
The average rate on the 30-year-fixed mortgage jumped 27 basis points Friday morning following the release of the government's monthly employment report. The rate is now 6.53%, according to Mortgage News Daily.
Red-hot refinance demand retreats after tiny bump higher in mortgage rates
Mortgage rates moved ever so slightly higher last week, but it was enough to take a little heat out of what had been a briefly red-hot refinance market. That caused total mortgage application volume to fall 1.3% for the week, according to the Mortgage Bankers Association's seasonally adjusted index.
Mortgage refinance boom takes hold, as weekly demand surges 20%
A steady decline in mortgage rates to two-year lows has current homeowners rushing to take advantage of potential savings.
Mortgage refinance demand is 94% higher than a year ago, as interest rates fall again
Mortgage demand is now heavily skewed toward refinancing, as interest rates declined for the fifth straight week.
Home sales rose in July for the first time in five months
Closed sales of previously owned homes rose 1.3% in July compared with June to a seasonally adjusted, annualized rate of 3.95 million units, according to the National Association of Realtors. That was the first gain in five months.
Here's why international buyers are pulling way back from the U.S. housing market
International buyers of U.S. residential real estate are running into the same hurdles as domestic buyers — namely high prices and tight supply — but they're also up against a strong U.S. dollar, which makes the properties even more expensive for them. As a result, international buyers are pulling out.
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