Home buying

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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FILE- In this Feb. 21, 2019, file photo a recently constructed home, left, is reflected in water, in Natick, Mass. Before squeezing every last nickel into a down payment on a home mortgage, set some cash aside to handle unexpected expenses after the closing. (AP Photo/Steven Senne, File)
April 25, 2019 - 10:01 am
Maximizing a home down payment can make sense: The bigger the down payment, the lower the monthly mortgage bill and the better the chance of building equity more quickly. But putting too much down could leave you without enough cash for home maintenance — or anything else. Pinpointing the right...
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In this Jan. 23, 2019, photo, construction workers build new housing in Salisbury, Mass. On Friday, April 19, the Commerce Department reports on U.S. home construction in March. (AP Photo/Elise Amendola)
April 19, 2019 - 9:00 am
WASHINGTON (AP) — U.S. home construction slipped 0.3% in March, as housing starts are running below last year's pace in a sign that inventory could be a challenge for would-be buyers. The Commerce Department says that housing starts last month were a seasonally adjusted annual rate of 1.14 million...
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FILE- This Feb. 21, 2019, file photo shows a newly constructed home with a fore sale sign in Natick, Mass. On Thursday, April 11, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/Steven Senne, File)
April 11, 2019 - 11:09 am
WASHINGTON (AP) — U.S. long-term mortgage rates rose moderately this week, remaining at historically low levels that can lure potential purchasers in the spring homebuying season. Mortgage buyer Freddie Mac said Thursday the average rate on the 30-year, fixed-rate mortgage increased to 4.12% from 4...
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FILE - This Jan. 18, 2017, file photo shows a CVS Pharmacy in Pittsburgh. CVS Health is expanding same-day prescription deliveries nationwide in the latest push by drugstores to keep customers who don’t want to wait and are doing more shopping online. (AP Photo/Gene J. Puskar, File)
April 04, 2019 - 10:43 am
CVS Health is expanding same-day prescription deliveries nationwide in the latest push by drugstores to keep customers who don't want to wait and are doing more shopping online. The drugstore chain says it can deliver medications and other products within a few hours to homes or offices from 6,000...
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FILE- In this Feb. 21, 2019, file photo a newly constructed homes sit near a sign in Natick, Mass. On Friday, March 29, the Commerce Department reports on sales of new homes in February. (AP Photo/Steven Senne, File)
March 29, 2019 - 10:59 am
WASHINGTON (AP) — Sales of new U.S. homes climbed 4.9 percent in February, an indication that falling mortgage rates have given a boost to demand from buyers. The Commerce Department said Friday that new homes sold at a seasonally adjusted annual rate of 667,000 in February, an increase from an...
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In this Thursday, Feb. 21, 2019 photo a recently constructed home is surrounded by snow in Natick, Mass. On Thursday, March 28, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Steven Senne)
March 28, 2019 - 11:31 am
WASHINGTON (AP) — Purchasing a home just became a lot cheaper, thanks mostly to the Federal Reserve's decision to put its interest rate hikes on hold for now. Mortgage buyer Freddie Mac says the average 30-year fixed rate mortgage plunged to 4.06 percent this week, down from 4.28 percent last week...
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A screen on the floor of the New York Stock Exchange shows the rate decision of the Federal Reserve, Wednesday, March 20, 2019. The Federal Reserve is leaving its key interest rate unchanged and projecting no rate hikes in 2019, dramatically underscoring its plan to be "patient" about any further increases. (AP Photo/Richard Drew)
March 21, 2019 - 3:14 am
NEW YORK (AP) — So much for those worries about rising interest rates. Just a few months ago, rising rates were bearing down on everyone from home buyers to stock investors after the Federal Reserve put through seven quarter-point increases in 2017 and 2018. But some rates began easing early this...
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In this Thursday, Feb. 21, 2019 photo a sign is posted near a newly constructed home in Natick, Mass. On Thursday, March 14, the Commerce Department reports on sales of new homes in January. (AP Photo/Steven Senne)
March 14, 2019 - 11:01 am
WASHINGTON (AP) — Sales of new U.S. homes slumped 6.9 percent in January, a possible sign that buyers paused during the government shutdown. The Commerce Department said Thursday that new homes sold at a seasonally adjusted annual rate of 607,000 in January, down from 652,000 in December. The...
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