Real Estate News Feed
Mortgage Rates Turnaround
Wed, 19 Mar 2025 14:42:09 GMT
The average US 30-year mortgage rate rose for the first time since early January, causing a pullback in refinancing and tempering purchase activity.
Mortgage Applications Decrease
Wed, 19 Mar 2025 14:41:28 GMT
Mortgage applications decreased 6.2 percent from one week earlier, according to data from the Mortgage Bankers Association.
Gas Prices Climbing
Wed, 19 Mar 2025 14:40:34 GMT
Gas prices in Orange County have climbed up to $3.84 per gallon and can be found at Sinclair in Fullerton. Berri Brothers in in Anaheim offers gas for $3.87 per gallon.
Growth In Home Prices Slowing
Tue, 18 Mar 2025 15:08:11 GMT
Home prices grew 0.4% month over month in January, the slowest pace since July 2024. On a year-over-year basis, home prices rose 5.1%. It was the 10th consecutive month that annual growth had slowed.
Home Construction Rebounds
Tue, 18 Mar 2025 15:07:31 GMT
US housing starts rose in February by more than forecast after a weather-related plunge, led by a pickup in single-family home construction underpinned by builder incentives.
Industrial Production Grows
Tue, 18 Mar 2025 15:06:53 GMT
Industrial production grew 0.7% in February after moving up 0.3% in January, according to the Federal Reserve.