Bill Bouti, director of the Federal Housing Agency, explains how President Donald Trump makes home ownership at reasonable prices again to “earn money”.
Mortgage rates It has increased to the highest level since then Mid -FebruaryThe mortgage buyer Freddy Mac said on Thursday.
The Freddy Mac primary mortgage market survey showed on Thursday that the average fixed mortgage price for 30 years increased to 6.86 % of last week’s reading by 6.81 %. It represented the highest level since February 13, when the mortgage rate for 30 years reached 6.87 %.
The average loan price for 30 years was 6.94 % per year.
When leaving the house to your heirs with reverse results
“With more inventory for buyers to choose more than the past few years, the purchase request activity continues to be steadfast,” said Sam Khatter, the chief economist in Freddy Mac.
These states were the MVPS housing market, according to RealTor.com
The average fixed mortgage rate increased for 15 years to 6.01 % of last week’s reading by 5.92 %. One year ago, the average fixed observation rate for 15 years reached 6.24 %.
Meanwhile, the National Association of Real Estate Judas (NAR) stated on Thursday that home sales fell 0.5 % last month to an annual seasonal average rate of 4 million units. Reuters economists expected that the reselling of the house would rise to 4.10 million units.
The latest survey in the Freddie Mac market in the mortgage market showed that the average firm mortgage rate for 30 years has increased to 6.86 % of last week’s reading by 6.81 %. (Ting Shen / XINHUA via Getty Images / Getty Images)
The sales last month were slowed in April since 2009, indicating a weak start for the spring sale season. They decreased by 2 % on an annual basis in April.
“House sales have been 75 % of normal or prenatal activity over the past three years,” said Lawrence Yun, NAR, Senior Economist in NAR.
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Current homes sales are calculated to close the contract. Sales may reflect last month the contracts signed in February And the marchWhen the average fixed mortgage rate was wore 30 years at the lower end of 6.09 % -6.73 %, and data from Freddy Mac showed.
The National Association of Real Estate Judas stated that home sales decreased by 0.5 % last month to an annual seasonal rate of 4 million units. (Istock / Istock)
Mortgage rates increased side by side Donald TrumpA aggressive trade policy and concerns about the deterioration of financial expectations in the country after the Moody’s Investors has reduced its sovereign credit rating from the highest level “AAA”.
“At the total level, we are still in the mild seller market,” Yoon said. “But with the highest inventory levels in nearly five years, consumers are in a better position to negotiate for better deals.”
Reuters contributed to this report.
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