US New Home Sales Rise; Mortgage Rate Ticks Up

The National Association of Realtors said Wednesday that sales rose to a seasonally adjusted annual rate of 4.97 million, up from 4.94 million in March. US home sales tick up to highest in 3 years

Mortgage Rates as Stable as They’ve Been All Month Mortgage Rates. Mortgage rates fell last week. The average rate on a 30-year fixed mortgage across the industry, according to Freddie Mac, is below 4%. It’s a great time to lock your rate. Average 30-year fixed rates were 3.95% with 0.5 points in fees last week. This is down four basis points on the week and down from 4.20% at this time last.

WASHINGTON (AP) – Americans responded to higher mortgage rates by snapping up new homes in February at the fastest pace since July. New-home sales rose 6.1 percent month-over-month to a.

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10 days ago · The Commerce Department said Wednesday that new home sales increased 7% to a seasonally adjusted annual rate of 646,000. That is up from 604,000 in.

"Mortgage rates ticked up this week for the first time in 2015 following positive home sales reports. New home sales [PDF] surged 11.6 percent in December beating market expectations. Likewise, existing home sales rose 2.4 percent to an annual rate of 5.04 million homes in December."

Economists blame higher mortgage rates for dragging down sales. The average rate on a 30-year mortgage rose last week to 4.53 percent from 4.48 percent the previous week, the third straight gain.

10 days ago · US New Home Sales Rise 7% in June After 2 Months of Decline. mortgage rates and a healthy job market are having a limited impact. The Commerce Department said Wednesday that new home sales.

Mortgage rates today, January 18, 2019, plus lock recommendations Current mortgage rates for May 27, 2019 are still near their historic lows. compare 30-year, 15-year fixed rates, and ARMs to find the best home loan offer all in one place at lendingtree. mortgage rates today, May 10, 2019, plus lock recommendations Mortgage rates today are driven by movements in financial markets worldwide.

Last week, mortgage rates fell to a 3-year low, but new data indicates. Freddie Mac: Mortgage rates tick up, reversing course from last. This week, the 30-year fixed-rate mortgage averaged 3.75%, slightly rising from. "Closer to home, the housing market continues to slowly improve. Connect With Us.

Rate on 30-year mortgage ticks up. Mortgage buyer Freddie Mac says the average rate on the 30-year fixed mortgage edged up to 3.52 percent from 3.51 percent last week. That’s near the 3.31 percent rate reached in November, the lowest on records dating to 1971. The average rate on the 15-year fixed mortgage held at 2.76 percent.

 · U.S. new home sales rise despite higher mortgage rates In this 2015 file photo, new homes are under construction and for sale in Charlotte,

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The numbers: New-home deals kept running at an occasionally balanced yearly 629,000 rate in August, the Commerce Department said Wednesday. What occurred: Sales of recently built homes rose 3.5% contrasted with July, and edged past the MarketWatch accord of a 625,000 pace. Also, the pace of offers in August was 12.7% higher than a year prior.