Tag: Housing market

Key U.S. mortgage rate drops to lowest since March, Freddie Mac says

By Makailah GauseNEW YORK (Reuters) - The average interest rate on the popular U.S. 30-year fixed-rate mortgage fell to its lowest level since...

US new home sales slump; supply at more than 16-year high

By Lucia MutikaniWASHINGTON (Reuters) - Sales of new U.S. single-family homes dropped to a six-month low in May as a jump in mortgage...