Home buying

Reserve Bank of India Governor Shaktikanta Das addresses a press conference in Mumbai, India, Thursday, June 6, 2019. India's central bank has cut its key interest rate by a quarter of a percentage point to 5.75% from 6% with immediate effect to fortify the economy as consumer spending and corporate investment falter. (AP Photo/Rajanish Kakade)
June 06, 2019 - 5:25 am
NEW DELHI (AP) — India's central bank on Thursday cut its key interest rate by a quarter of a percentage point to 5.75% with immediate effect to fortify the economy as consumer spending and corporate investment falter. The benchmark interest rate is what the Reserve Bank of India charges on lending...
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FILE - In this Wednesday, Feb. 20, 2019, photo a price reduced for sale sign sit in front of a home in north Dallas. On Thursday, May 30, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/LM Otero, File)
May 30, 2019 - 2:45 pm
WASHINGTON (AP) — U.S. long-term mortgage rates fell for the fifth consecutive week, tipping the key 30-year loan average below 4% for the first time in nearly a year and a half. The declining rates have been a boon to potential purchasers in the spring home buying season. Mortgage buyer Freddie...
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FILE- In this March 28, 2018, file photo an under contract sign is shown outside a single-family home on the market in Denver. On Thursday, May 30, 2019, the National Association of Realtors releases its April report on pending home sales, which are seen as a barometer of future purchases. (AP Photo/David Zalubowski, File)
May 30, 2019 - 10:02 am
WASHINGTON (AP) — Fewer Americans signed contracts on homes in April compared with the prior month, potentially signaling that rising prices have outweighed recent declines in mortgage rates. The National Association of Realtors said Thursday that its pending home sales index fell 1.5% to a reading...
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May 29, 2019 - 9:04 pm
SACRAMENTO, Calif. (AP) — The Sacramento Kings say the U.S. government is repaying the basketball team $13.4 million that a former official stole to buy luxury beachfront homes. The team announced Wednesday that the U.S. Justice Department is providing full restitution. The Sacramento Bee newspaper...
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May 15, 2019 - 9:29 am
SOFIA, Bulgaria (AP) — The Bulgarian government says the country's agriculture minister has resigned amid allegations about the misuse of European Union funds. A government statement Wednesday says that while Rumen Porozhanov denies wrongdoing, he has stepped down to avoid attacks against him...
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FILE - This Jan. 14, 2019, photo, shows a sign outside a home that has been sold, in Mount Lebanon, Pa. On Thursday, May 9, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Gene J. Puskar, File)
May 09, 2019 - 12:20 pm
WASHINGTON (AP) — U.S. long-term mortgage rates declined this week for a second straight week, reversing the upward trend in April as a lure to potential home buyers. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage fell to 4.10% from 4.14% last week. By...
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In this Monday, April 22, 2019 photo, Tisha Montoya and her dog Bebe cut through the lava field that covered much of her property and destroyed her home near Pahoa, Hawaii. Tisha and her father Edwin Montoya lived on the secluded property for many years until they had to evacuate due to the 2018 Kilauea lava eruption where the molten rock eventually took nearly all the structures, including the home and all but one small chicken coop that Edwin built. (AP Photo/Marco Garcia)
May 03, 2019 - 6:32 pm
PAHOA, Hawaii (AP) — A year after a volcano on Hawaii's Big Island rained lava and gases in one of its largest and most destructive eruptions in recorded history, people who lost their homes and farms in the disaster are still struggling to return to their cherished island lifestyle. More than 700...
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FILE- In this Feb. 20, 2019, file photo a coming soon for sale sign sits in front of a home in the Dallas suburb of Richardson, Texas. On Thursday, May 2, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/LM Otero, File)
May 02, 2019 - 10:27 am
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week after four weeks of increases, giving a boost to prospective home buyers during the spring sales season. Mortgage buyer Freddie Mac says the average rate on the 30-year, fixed-rate mortgage dropped to 4.14% from 4.20% last week. By...
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April 30, 2019 - 10:10 am
WASHINGTON (AP) — More Americans signed contracts to purchase homes in March compared to the prior month. The National Association of Realtors says that its pending home sales index climbed 3.8% to 105.8. Home sales have been recovering as mortgage rates have retreated after the average 30-year...
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In this Friday, April 12, 2019 photo, a sold sign is shown in front of a home in Surfside, Fla. On Thursday, April 25, Freddie Mac reports on this week’s average U.S. mortgage rates.(AP Photo/Wilfredo Lee)
April 25, 2019 - 12:21 pm
WASHINGTON (AP) — U.S. long-term mortgage rates rose this week for the fourth straight week, though they remain historically low as a spur to home sales in the spring buying season. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage increased to 4.20% from...
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