
Mortgage Rates Hit Another New Longer-Term Low
Mortgage rates have barely budged after Monday with the day-over-day change failing to exceed 0.02% on any given day. But today's budging happened to bring the average 30yr fixed rate to another 10-month low. Lenders are in the mid 6% range for top tier scenarios. Economic data is one of the c
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Mortgage Rates at Lowest Level in Months
Rates on 30-year mortgages fell to 6.63%, the lowest since April, from 6.72% last week, while 15-year rates dropped to 5.75% from 5.85%.
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Hurricane Forecasts Hold Steady
Experts still expect a busier-than-usual hurricane season, though they're less certain about the outlook. Warm ocean waters could lead to more storms ahead.
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New Construction Price Premium Hits All-Time Low
Newly built homes are more plentiful nationwide and a better value on a per-square foot basis, particularly in the South, Realtor.com said.
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