Real Estate News Feed
Mortgage Rates Inch Down
Thu, 03 Apr 2025 08:59:55 GMT
The 30-year FRM averaged 6.64% as of April 3, 2025, down slightly from last week when it averaged 6.65%. A year ago at this time, the 30-year FRM averaged 6.82%.
Jobless Claims Continue To Drop
Thu, 03 Apr 2025 14:44:03 GMT
Weekly jobless claims have dropped to 219,000 and are down 6,000 from last week.
Condo Market Is Slowing
Thu, 03 Apr 2025 14:43:05 GMT
The condo market has been slowing. 68.4% of U.S. condos that sold in February sold for less than their original asking price, up from 63.3% a year earlier.
US Service Sector Hits The Brakes
Thu, 03 Apr 2025 14:42:22 GMT
The Institute for Supply Management said on Thursday that its nonmanufacturing purchasing managers index dropped to 50.8 last month, the lowest reading since June 2024.
Cheapest Gas In OC Escalates
Thu, 03 Apr 2025 14:41:34 GMT
The cheapest gas in Orange County has escalated to $4.09 per gallon and can be found at World in Santa Ana. Valero in Orange offers gas for $4.14 per gallon.
Mortgage Apps Continue To Ease
Wed, 02 Apr 2025 14:45:54 GMT
Mortgage applications slipped another 1.6% from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending March 28.