More Housing Markets Fall Back into ‘Normal’ Range

About 18 percent of the largest 360 metro areas in the country have returned to or exceeded their last normal levels of economic and housing activity in the first quarter, according to the National Association of Home Builders/First American Leading Markets Index. The index showed a slight … [Read more...]

Mortgage Rates Hold at Yearly Highs

Fixed-rate mortgages mostly held steady this week and mostly unchanged from last week’s averages. Rates remain near their highs for the year, Freddie Mac reports in its weekly mortgage market survey. Over the last few weeks, the 30-year fixed-rate mortgage has edged 1 percent higher than it was a … [Read more...]