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Tag Archives: home prices

U.S. 30-year mortgage rate at 2-year high: 4.46 pct.

WASHINGTON — The average U.S. rate on a 30-year fixed mortgage surged this week to 4.46 percent, the highest in two years. The increase from a 3.93 percent average last week was the largest one-week jump in 26 years, according ...

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Consumer confidence rises in May to 5-year high

WASHINGTON — Americans’ confidence in the economy jumped in May to a five-year high, lifted by a better outlook for hiring, rising home prices and more optimism about business conditions. The increase suggests consumers may keep boosting economic growth this ...

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Brighter view on jobs and pay lifts consumer confidence

WASHINGTON — Americans are more optimistic the job market is healing and will deliver higher pay later this year. That brighter outlook, along with rising home prices, cheaper gasoline and a surging stock market, could offset some of the drag ...

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U.S. rate on 30-year mortgage slips to 3.40 percent

WASHINGTON — The average U.S. rate on the 30-year mortgage fell closer this week to its historic low and the 15-year rate marked a record low. Low rates are increasing the affordability of buying homes and refinancing. Mortgage buyer Freddie ...

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Home prices rise 8.1 pct., most since June 2006

WASHINGTON — U.S. home prices rose in January at the fastest annual pace since June 2006, just before the housing bubble burst. The gain shows the housing recovery is strengthening ahead of the all-important spring buying season. The Standard & ...

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Rate on 30-year mortgage declines to 3.54 pct.

WASHINGTON — Average U.S. rates on fixed mortgages fell this week and remained near historic lows, a trend that has supported a recovery in housing. Freddie Mac said Thursday that the average rate for the 30-year loan fell to 3.54 ...

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