Mortgage Rates Nearly Unchanged At Recent Lows

The average mortgage lender was fairly close to their lowest levels of the past 2 months by yesterday afternoon and today saw almost no change.  That's a departure from the recent trend of larger movements, but also an expected shift given the absence of big ticket economic data. Big ticket dat

What’s Pushing Inflation Down?

Answer: More goods, workers and housing. Overall inflation didn’t rise from Sept. to Oct., the 1st time consumer prices haven’t changed month to month in over a year.

Latest Data Shows Home Prices, Rates May Improve

Freddie Mac Chief Economist: “New data indicate inflationary pressures are receding” – which, along with lower mortgage rates, may lure more homebuyers into the market.

Single-Family Home Starts Flat in October

Overall housing starts rose 1.9% to a seasonally adjusted rate of 1.37M units. NAHB chair: A lack of for-sale existing homes supported new construction demand.