US mortgage rate hits record low, purchase application at 11-year-peak

18-06-2020
Washington-based US Mortgage Bankers Association said on Wednesday that the US 30-year fixed-rate mortgage for new homes had hit a new record low of 3.30 per cent last week

US mortgage applications rise for sixth straight week as economy regains footings

29-05-2020
US Mortgage Bankers Association said on Wednesday that its home Purchase Index rose by 54 per cent in May compared to a month earlier

JPMorgan raises mortgage borrowing standards as economic gloom deepens

14-04-2020
On Sunday, JPMorgan Chase & Co. said that the American multinational borrower was going to raise its borrowing standards for most of the new mortgage loans

US new home sales fall in February despite multi-year low mortgage rate

24-03-2020
On Tuesday, the 24th of March 2020, data released from the US Commerce Department had signalled an upcoming holocaust over the US housing market despite a multi-year low mortgage rate

US home building permits near 13-year high, housing starts fall less than expected

21-02-2020
On Wednesday, the 19th of February 2020, US homebuilding data had reflected a robust US hosing market as US house building permit climbed to a near 13 year high, while US housebuilding fell less-than-anticipated in January

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