Markets > Market

US home prices climb record 3.1% as low mortgage rates fuel housing-market boom

2 monthes ago   |   By Business Insider

Summary List Placement
US home prices gained a record 3.1% in the third quarter as historically low mortgage rates boosted demand through the summer, the Federal Housing Finance Agency said in a Tuesday report .
Prices jumped 7.8% from their year-ago period. A seasonally adjusted index of prices rose 1.7% in September from the prior month.
The Federal Reserve's lowering of interest rates in March has pushed mortgage rates to several record lows throughout the pandemic and fueled a housing boom.
Robust demand and low borrowing costs "will remain important tailwinds" and signal the housing...
Read more ...

 

US home prices climb record 3.1% as low mortgage rates fuel housing-market boom

US home prices climb record 3.1% as low mortgage rates fuel housing-market boom

2 monthes ago   |   By Business Insider

Thomas A. Ferrara/Newsday RM via Getty Images
US home prices gained a record 3.1% in the third quarter as historically low mortgage rates boosted demand through the summer, the Federal Housing Finance Agency said in a Tuesday report. Prices jumped 7.8% from their year-ago period. A seasonally adjusted index of prices rose 1.7% in September from the prior month. The Federal Reserve's lowering of interest rates in March has pushed mortgage rates to several record lows throughout the pandemic and fueled a housing boom. Robust demand and low borrowing costs "will remain important tailwinds...
Read more ...

 

A record 19.4 million homeowners can now save big on a mortgage refinance, as rates hit new low

2 monthes ago   |   By CNBC

Homeowners now have unprecedented potential to save on their monthly payments through a mortgage refinance.
Read more ...

 


Search by Tags

   Market      Financing      Marketing      House      Index      Business      Housing      Rate      Finance      Markets      Us housing market      Us home prices      Home Prices      Home Price      Federal Housing Finance Agency      FHFA      FHFA report      Housing Market      Housing Market Signals      Economic Indicator      Economic Indicators      Housing costs      Coronavirus economy      Mortgage rates      Coronavirus recovery      Coronavirus economic impact      Savings  


Radian: U.S. Housing Market ‘Resilient' During Challenging Year

Radian: U.S. Housing Market ‘Resilient' During Challenging Year

There is no question that 2020 will go down as challenging year in the history books, across all segments of the markets and everyday life. One thing that remained resilient... Read more ...

The stock market is in risk-on mode as a sharp decline in COVID-19 cases...

The stock market is in risk-on mode as a sharp decline in COVID-19 cases means a big economic surprise is possible, Fundstrat's Tom Lee says

Summary List Placement A sharp decline in COVID-19 cases is leading to a newfound risk-on mode for the stock market, Fundstrat's Tom Lee said in a note on Thursday. The bullish... Read more ...

What you need to know on the markets this week: Biden's spending plans...

What you need to know on the markets this week: Biden's spending plans, bitcoin's blues and an unloved dollar vye with the first Fed meeting and a look at US GDP

Summary List Placement Here are the big themes we're looking at in the coming week, plus a chart of Big Tech performance around the world. Joe Biden takes office with a... Read more ...

Legendary investor Jeremy Grantham says Biden's $1.9 trillion stimulus plan...

Legendary investor Jeremy Grantham says Biden's $1.9 trillion stimulus plan will make the stock market bubble even worse

Summary List Placement Jeremy Grantham reiterated his stock market bubble concerns in a recent Bloomberg interview. He said Biden's $1.9 stimulus package will make the bubble... Read more ...

Schedule for Week of January 24, 2021

Schedule for Week of January 24, 2021

The key reports scheduled for this week are the advance estimate of Q4 GDP and December New Home sales. Other key indicators include December Personal Income and Outlays and... Read more ...

This day trader just made the biggest trade of his career exploiting the...

This day trader just made the biggest trade of his career exploiting the momentum around bitcoin. Here's how he did it - and his 4-step strategy for identifying speculative themes to trade

Summary List Placement Ryan Hasson, a senior trader at Kershner Trading Group/SMB Capital, just made the biggest trade of his career on an over-the-counter bitcoin stock. Five... Read more ...

An early bitcoin investor says the best time to buy is when nobody's talking...

An early bitcoin investor says the best time to buy is when nobody's talking about it - and warns this isn't the first crypto bubble

Summary List Placement An early bitcoin adopter says the best time to buy is when no one's talking about it. He started out with an initial purchase of 2.5 bitcoins in 2013... Read more ...

US stock market bubble may pop soon after Wall Street's coronavirus bonanza...

US stock market bubble may pop soon after Wall Street's coronavirus bonanza, Bank of America warns

The second-largest US lender, Bank of America, has warned that the “extreme rally” seen after the market crash triggered by the pandemic formed a bubble in asset prices, and it... Read more ...

The Secret To The Stock Market: Just Buy Tech Companies That Are Losing...

The Secret To The Stock Market: Just Buy Tech Companies That Are Losing Money And Watch Profits Rain From The Sky

For those that can't detect sarcasm, I am not actually sharing “investment advice” in this article. Rather, I am pointing out how absurd our financial markets have become at... Read more ...

Existing-Home Sales: Increase Reaches Highest Level Since Before Great Recession

Existing-Home Sales: Increase Reaches Highest Level Since Before Great Recession

December hit another historic peak for existing-home sales, experiencing the highest level since 2006 after rising 0.7 percent from the previous month. According to the latest... Read more ...