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Housing market in 2025: More inventory should help boost home sales next year, but the market will continue to face big challenges.
That translates to a 3.8-month supply at the current sales pace, down from a 4.2-month pace at the end of October last year, but up from 3.5-month pace in November last year.
Average mortgage rates are trending higher as of Thursday, December 19, 2024, a day after the Federal Reserve announced it was lowering its benchmark interest rate by 25 basis points to a range of ...
Daily average mortgage rates on popular terms are rising as of Friday, December 20, 2024, with sharp moves higher for 30-year terms edging closer to 6.90% — an average 20 basis points higher ...
New home sales plunged 17.3% to a seasonally adjusted annual rate of 610,000 units last month, the lowest level since December 2022, the Commerce Department's Census Bureau said on Tuesday. The ...
New home sales dropped 17.3% in October from the previous month to a seasonally adjusted rate of 610,000 units, according to Census Bureau data released on Tuesday. Analysts surveyed by Bloomberg ...
Mortgage rates are influenced by several factors, including the moves in the yield on U.S. 10-year Treasury bonds, which lenders use as a guide to price home loans. The yield, which was below 3.7% ...
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.