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Daily Mortgage Rates Drop | November 2, 2021

The average rate for a 30-year fixed-rate mortgage is down to 3.477% today. That's a 0.056 percentage point decline from Monday. The 30-year refinance rate is also lower today at 3.549%. Rates remain historically low. Well-qualified borr...

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New-Home Sales Turn Higher, Despite Record Prices

The numbers: Sales of new homes in the U.S. rose in August, as the market for newly constructed buildings continues to show signs of stabilization after months of declines. U.S. new-home sales increased 1.5% to an annual rate of 740,000...

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