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US housing starts spikes to 13-year-peak; factory activity ticks up

19-01-2020

On Friday, the 17th of January 2020, US Government data had revealed an upbeat reflection of US housing starts amid a decade-low mortgage rates, while shrugging off some slowdown fears, factory output ticked up in December

US Fed purchases $1.9 billion of mortgage bonds, sells none

14-01-2020

Later last week, the US Federal Reserve had purchased $1.876 billion of MBS or agency mortgage-backed securities, but sold none

US home loan megalith Freddie Mac offers early retirement to 25% of its workforce

20-12-2019

Virginia-based home loan mortgage corporation, the Freddie Mac, had laid off early retirement proposals to roughly 25 per cent of its entire workforce in a bid to conduct a sweeping revamp of the home loan company

US home construction regains steam as housing permits spike to 12-1/2 years peak

19-12-2019

On Tuesday, the 17th of December 2019, US Homebuilding data released on GMT. 19.00, had portrayed a solid depiction of US Housing Market, as US home constructions surged more than anticipated in November

Mortgage applications fall after 33-week steadiness in the US

20-06-2019

The Mortgage Bankers Association's data index showed a drop of about 3.4% in the requests for loans for the week ending 14th June as compared to the week before

US pending home sales slid 0.7 percent in November

30-12-2018

According to the National Association of Realtors, the contracts to purchase previously owned homes fell in November.

As fears over economic slowdown loom, mortgage rates drop in US

21-12-2018

As compared to last week's rates on 30-year mortgage rates of 4.63%, this week the rates have dropped to 4.62%

US new home sales tumble to a two-and-a-half year low

30-11-2018

Sales of US single-family homes tumbled to a low in October and further evidence suggested that the higher mortgage rate had been hurting the housing market.

To buy or to rent: Which is the better feasible option?

10-09-2018

Currently, the market trend pinpoints renting as the better option to buying