Home Sales

Record Low For Mortgage Rates
WASHINGTON (AP) — The average rate on the 30-year fixed mortgage fell this week to a record low, the ninth time that has happened in the last year. Even with the cheapest rates in history, the housing market remains depressed.
Mortgage buyer Freddie Mac says the rate on the 30-year loan dropped…
Home Purchases Up, But Earlier Sales Look Weaker
WASHINGTON (AP) — The number of Americans who bought previously occupied homes rose last month. But the National Association of Realtors says it overstated more than 3 million sales during and after the Great Recession, showing the housing market remains much weaker than previously thought...