The post Mortgage costs lock out California home buyers appeared first on Weekly Real Estate News.
Mortgage costs lock out California home buyers
Mortage News
New Home Sales Look Like They Want to Bounce
The Census Bureau’s regularly scheduled monthly report on New Home Sales was released this morning. The annual pace of 616k was right in line with the median forecast of 617k. This is technically an improvement, […]
Top News
U.S. Pending Home Sales Fall but the Housing Market Is in Recovery Mode
The numbers: U.S. pending-home sales fell in May, the National Association of Realtors said on Thursday but the housing market is still showing signs of being in recovery mode. Demand for homes is still strong, despite […]
Inflation
Latest mortgage news: Rates top 7% even as inflation cools
The U.S. inflation rate cooled to 3 percent last month, its slowest pace in two years, the Labor Department said Wednesday. But mortgage rates haven’t gotten the memo yet — the average rate on 30-year mortgages increased to 7.07 […]