U.S. 30-year mortgage rates rise from 5-month lows: Freddie Mac
U.S. 30-year mortgage rates rose in the latest week, rebounding from five-month lows in step with a rise in bond yields, following the first round of the French presidential election on Sunday, according to mortgage finance agency Freddie Mac (FMCC.PK) on Thursday.
Freddie Portfolio Grows, Delinquency Rates Down
Freddie Mac's total mortgage portfolio grew 4.8 percent from March 2016 to March 2017, according to the GSE's Monthly Volume Summary released on Wednesday. Freddie handled $30 billion in purchases and issuances for the month and $98 billion year-to-date.
First quarter homeownership rate underwhelms
The homeownership rate continues to hover near all-time lows, showing little signs of improvement from last quarter or even last year.
Fewer People Signed Contracts to Buy US Homes in March
Fewer consumers signed contracts to buy U.S. homes last month as the spring buying season revs up with stiff competition for homes amid lagging inventory.
U.S. Stocks, Dollar Mixed Amid Policy Whirlwind: Markets Wrap
U.S. stocks fluctuated with the dollar and Treasuries amid a whirlwind of policy news as the Trump administration seeks to burnish its record ahead of its 100th day in office. The euro weakened after the European Central Bank signaled its commitment to stimulus even as the region's economy firms.