Mortgage rates kept climbing on the back of a string of market-moving news. Notably, Federal Reserve Chair Jerome Powell said last week at the Washington Forum that there will be no rate cuts anytime soon because of the strength of the U.S. economy. As a result, HousingWire’s Mortgage Rates Center
Read more
New-home sales reached a seasonally adjusted annual rate of 693,000 in March, according to data published Tuesday by the U.S. Census Bureau and the U.S. Department of Housing and Urban Development (HUD). This figure represents an 8.8% increase from the revised February rate of 637,000 sales, and it also marks
Read more
The median home price is projected to climb to $449000 in April based on pending sales, but the number of sales is expected to be flat from March.
Read more