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Area Home Prices Continue to Rise, Mortgage Rates Remain Low  
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Global Stocks Decline Along With The Dollar, As Jackson Hole Begins

global stocks decline along with the dollar, as jackson hole begins
Global stocks declined broadly, led by European equities which fell for the first time this week, suffering their biggest fall in three weeks, while currency markets continued their subdued tone even..
Zero Hedge

Business News Roundup, Aug. 25

An accomplished photographer who lets the public use thousands of her images of America for free has sued the Getty Images photo agency for more than $1 billion, saying it’s improperly selling her..
SFGate

Videos for "Mortgage Rates"

News video: Erdogan Pressures Banks to Lower Interest Rates

Erdogan Pressures Banks to Lower Interest Rates 02:49

Aug. 11 -- Turkish President Recep Tayyip Erdogan ratcheted up pressure on the nation's banks to cut mortgage rates, calling resistance an "act of treason." Bloomberg's Onur Ant reports on "Bloomberg..
Source: Bloomberg Global Business -

News video: Why Low Rates Are Making Long-Term Investors Struggle

Why Low Rates Are Making Long-Term Investors Struggle 04:13

August 10 -- Bank of England governor Mark Carney said last week he was "not a fan'" of negative interest rates and had no intention of going below zero, unlike his peers in Europe or Japan. In fact,..
Source: Bloomberg Global Business -

News video: Mortgage rates drop

Mortgage rates drop 02:01

Mortgage rates drop
Source: WEWS NewsChannel5 -

News video: Canadians Could Be In Trouble If 'Normal' Mortgage Rates Returned

Canadians Could Be In Trouble If 'Normal' Mortgage Rates Returned 01:41

Canadians have enjoyed low borrowing rates for year but that could cause problems for households if rates ever return to say, the five per cent territory.
Source: HuffPost Canada -

News video: Millennials Rent vs Buy

Millennials Rent vs Buy

Joni Utnage for Busey explains what is holding Millennials back from buying a home.
Source: WCIA -

 

Fed Officials Appear Divided

fed officials appear divided
Patch Newtown, PA -- Speeches from Fed officials caused some volatility in mortgage rates over the past week.
Patch

Mortgage Rates Today, Wednesday, Aug. 24: Low Rates Spur Highest New Home Sales Since 2007

Thirty-year fixed mortgages rates moved down a notch, while 15-year fixed and 5/1 ARM home loan rates were unchanged Wednesday, according to a NerdWallet survey of mortgage rates published by..
ajc.com

Existing Home Sales Crush Recovery Narrative, Plunge Most Since Nov 2015

existing home sales crush recovery narrative, plunge most since nov 2015
Following yesterday's 7 standard deviation beat in New Home Sales, *Existing Home Sales for July missed expectations by 2 standard deviations dropping 1.64% YoY - the first annual decline since Nov..
Zero Hedge

Demographic HomeMageddon Underway... Will Last Until At Least 2035

demographic homemageddon underway... will last until at least 2035
Submitted by Chris Hamilton via Econimica blog, *91% of all US home buying is done by those aged 20-69yrs/old, according to NAR data. * In 2015, Millennials (20-35yrs/old) made up 35% of home..
Zero Hedge

Here's why lending to home movers in London has taken a dive

Home movers are releasing their grip on London's housing market, as data released from the Council of Mortgage Lenders (CML) shows they took out fewer loans in the second quarter. CML said home..
City A.M.

How to Bounce Back After Foreclosure

By Deborah Kearns Philip and Denise Powell lost their home in 2011 after Philip's hours as a pastor were cut in half and Denise was sidelined by a surgery. But they were determined to become..
Huffington Post

Finance news you need to know today

AMERICANS stepped up their purchases of homes in July to the fastest pace in nine years, as low mortgage rates fuel a real estate surge.
Daily Telegraph Also reported by •The AdvertiserCourier MailPerth Now

Business Highlights

WASHINGTON (AP) — Americans stepped up their purchases of new homes in July to the fastest pace in nearly nine years, the latest sign that low mortgage rates and a solid job market are helping..
SeattlePI.com Also reported by •Seattle Times

The US Real Estate Big Picture... A Thesis In Moral Hazard

the us real estate big picture... a thesis in moral hazard
Submitted by Chris Hamilton via Econimica blog, Economists and the like often get highly academic and granular in their discussions of the economy and markets.  It needn't be so... with the idea of..
Zero Hedge

U.S. new-home sales climb to best level since late 2007

Low mortgage rates and a steady job market are fueling a real estate surge.
Newsday Also reported by •SeattlePI.comNYTimes.comSan Jose Mercury NewsSeattle Times

Mortgage Rates Today, Tuesday, Aug. 23: Swimming in a Narrow Lane

Thirty-year and 15-year fixed mortgages rates, as well as 5/1 ARM home loan rates, are all unchanged Tuesday, according to a NerdWallet survey of mortgage rates published by national lenders..
ajc.com


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