U.S. new-home sales increased 14% to an annual rate of 800,000.
30-year fixed-rate mortgage (FRM) averaged 3.09 percent.
“If property prices stop growing, we won’t buy,”
30-year fixed rate mortgage climbed to 3.23% in the week ended Oct. 15 from 3.18% the week before.
According to a Douglas Elliman report published this week, there were 4,523 closed co-op and condos sales in the quarter
Pending home sales fell 8.3% in August.
30-year fixed-rate mortgage averaged 2.99 percent
The 20-City Composite posted a 19.9% year-over-year gain, up from 19.1% in the previous month
Building materials prices remain 12.3% higher than they were at the beginning of 2021
The 30-year fixed-rate mortgage (FRM) averaged 2.86 percent.