Mortgage rates

A new report from California shows that less-regulated mortgage lenders may be doing a better than banks of serving Black and Latino homebuyers. But consumer advocates say the data bolsters the case for tougher supervision of nonbanks.

A gauge of contract signings to purchase previously owned homes unexpectedly declined for a second month in October as higher prices and a limited number of listings impeded momentum in the housing market.

New-home sales in the U.S. held up in October, remaining near the best pace since 2006 and well above pre-pandemic levels, the latest sign that record-low mortgage rates are underpinning robust buyer interest.

Mortgage rates remained unchanged at their record lows heading into the Thanksgiving holiday, as investors reacted to a growing resurgence in coronavirus cases.

San Diego home prices went up the third fastest in the nation in September and appreciated at a pace not seen in more than six years.

Weaker consumer spending data coming into the holiday season, as well as a resurgence of the COVID-19 spread, pushed mortgage rates to a new low, Freddie Mac said.

October was a good month for home sellers in metro Atlanta.

The Mortgage Bankers Association sees rates rising over the next two years, while Fannie Mae expects the average to remain under 3%.

Homes in some parts of the country spent as little as 20 days on the market, while the U.S. housing supply hit just 1.7 months in October, according to Remax.

Homebuilder confidence jumped in November, hitting another record high as buyers swarmed sales offices to take advantage of the lowest mortgage rates in history.