US Household debt tops record $14 trillion amid multi-year low mortgage rate 12-02-2020 On Tuesday, the 11th of February 2020, the Federal Reserve Bank of New York had added a gloomier outlook on a growing stockpile of US public debts, as US household debt had surpassed a record $14 trillion over the fourth quarter of 2019.
US home sales near two-year peak in latest vindication of lower mortgage rates 24-01-2020 On Wednesday, the 22nd of January 2020, a report from the US National Association of Realtors had revealed an upbeat depiction of the US housing market, which appeared to be gathering pace over the recent months
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
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