August New Home Sales Jumped 7%
Sales of new U.S single-family homes rose 7.1% in August,
Sales of new U.S single-family homes rose 7.1% in August,
Even as home prices continue to rise, the average monthly mortgage payment amount has dropped 6.1% since last May,
The national U.S. mortgage delinquency rate declined in July to 3.46% of all loans, down 7% from the previous month
Spurred by weaker economic data, rates on a 30-year fixed-rate mortgages fell in the latest week to the lowest point since October 2016
Home prices continued to increase at a slower pace in June
Sales of new U.S. homes declined 12.8% in July