Real Estate

WASHINGTON (AP) — U.S. long-term mortgage rates were steady to higher this week, as the benchmark 30-year loan breached the 3% mark for the first time since July 2020. Rates remain near historic lows as the economy strains toward recovery in the pandemic’s wake. Read more

WASHINGTON (AP) — U.S. long-term mortgage rates rose this week but remain near historic lows as the pandemic-hobbled economy strains toward recovery with more Americans getting vaccinated against the coronavirus. Read more

SILVER SPRING, Md. (AP) — The number of Americans who signed contracts to buy homes declined again with the number of properties for sale not matching the surging demand in the U.S. Read more

LOS ANGELES (AP) — U.S. homebuilders are poised to benefit this spring homebuying season amid strong demand, low mortgage rates and an all-time low inventory of previously occupied homes for sale. But soaring lumber prices and a shortage of construction-ready land could limit their ability to capitalize on the strong housing market trends, analysts say. Read more

SILVER SPRING, Md. (AP) — U.S. long-term mortgage rates ticked up this week but remain at historic lows as the coronavirus pandemic continues to batter the economy even as more Americans get vaccinated. Read more

WASHINGTON (AP) — U.S. home construction fell 6% in January but applications for building permits, which typically signal activity ahead, rose sharply. Read more

WASHINGTON (AP) — U.S. long-term mortgage rates were flat this week for a second straight week. Home-loan rates stayed near record lows as the economy, especially in the services sector, remains burdened by the coronavirus pandemic. Read more