The median home-sale price increased 14% year over year to $358,250.
30-year fixed-rate mortgage (FRM) averaged 2.93 percent.
30-year fixed-rate mortgage averaged 2.94 percent
the minimum income required to purchase a $100,000 home is $22,505.
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On a year-over-year basis, sales were 26.6% higher than a year ago.
Mortgage rates in the U.S. have hit another record low.
Nationally, home prices in July were 5.5% higher than in 2019. That is a marked increase from the 4.3% annual…
The index, a forward-looking indicator based on contracts to purchase existing homes, rose 16.6 percent compared to May, and increased…
You apply for a mortgage, but your application gets rejected.
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