Mortgage rates slip
The rate for a 30-year fixed-rate mortgage was 6.17% this week. The rate for a 15-year fixed-rate mortgage was 5.41%.
Economy
Pending home sales held steady in September
Pending home sales were unchanged in September from the prior month, the National Association of Realtors said. Year over year,...
FOMC lowers rates by 25 basis points
The Federal Open Market Committee announced that it will lower the target range for the federal funds rate by 25...
Consumer confidence little changed in October
The Consumer Confidence Index was 94.6 in October, down from 95.6 the previous month, the Conference Board said.
Growth in home prices slowed in August
Home prices increased 1.5% in August compared to the same month a year ago, down from a 1.4% rise the...
ABA DataBank: Gold prices slide off record high
The price of gold closed at a peak of $4,336 on Oct. 20 marking a 50% increase since the start...
Final: Consumer sentiment decreased 1.5 points in October
The University of Michigan Consumer Sentiment Index decreased 2.7% in October compared to the month prior, landing at 53.6, according...
Consumer price inflation 3% in September
The Consumer Price Index increased 0.3% in September on a seasonally adjusted annual basis, after rising 0.4% in August, the...
Mortgage rates drop
The rate for a 30-year fixed-rate mortgage was 6.19% this week. The rate for a 15-year fixed-rate mortgage was 5.44%.
Existing home sales increased 1.5% in September
Existing home sales increased 1.5% in September to a seasonally adjusted annual rate of 4.06 million. Year-over-year, sales increased 4.1%.
