New Listings and Pending Sales
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Monthly Archives: August 2016
Inventory
Fixed Mortgage Rates Unchanged
Treasury yields were little changed from the prior week and the 30-year fixed-rate mortgage held steady at 3.43 percent this week. This marks the ninth consecutive week that mortgage rates have been below 3.5 percent.
Existing Home Sales
New Listings and Pending Sales
Inventory
Mortgage Rates Nudge Lower
The 30-year fixed-rate mortgage fell 2 basis points to 3.43 percent this week, erasing last week’s uptick. For eight consecutive weeks mortgage rates have ranged between 3.41 and 3.48 percent.
New Listings and Pending Sales
Inventory
Mortgage Rates Little Changed
A surprisingly strong July jobs report showed 255,000 jobs added and 0.3 percent wage growth from last month, exceeding many experts’ expectations. In response, the 10-Year Treasury yield rose to its highest level since June and the 30-year fixed-rate mortgage increased 2 basis points to 3.45 percent.