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U S mortgage demand drops to lowest level in 27 years as rates march towards 8%

U.S. mortgage applications fell 6% in the latest week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.53%.

Joel kanMortgage bankers associationHousing administrationFederal housing administrationArticle normalMortgage banks real estate creditBanking creditConstruction real estateFinancial servicesEconomic performance indicatorsMortgage application refinancing figuresEconomic newsPolitical general newsReal estate propertyEconomic performanceMortgage application

U S construction spending rises for the eighth straight month in August

Construction spending rose 0.5% in August, the Commerce Department reported Monday.

Commerce departmentArticle normalBuilding constructionResidential building constructionConstruction real estateEconomic performance indicatorsGovernment financeGovernment budget taxationEconomic newsConstruction figures outputReal estate marketsEconomic performanceGovernment budgetConstruction figuresReal estate

Contract signings for U S homes dropped sharply in August amid high rates and sparse listings

U.S. pending-home sales fell in August, the National Association of Realtors said on Thursday.

Lawrence yunFederal reserveNational association of realtorsNational associationWall streetEconomist lawrence yunArticle normalBuilding constructionResidential building constructionReal estate constructionEconomic performance indicatorsHome sales housing affordability figuresMonetary policyInterest ratesEconomic newsHousing sales figures

Mortgage rates remain at a 23-year high, but buyers are adjusting

Applications rose for the first time in five weeks despite high rates, industry group says

Article normalMortgage banks real estate creditBanking creditConstruction real estateFinancial servicesEconomic performance indicatorsMortgage application refinancing figuresMonetary policyInterest ratesEconomic newsPolitical general newsReal estate propertyEconomic performanceMortgage applicationRefinancing figuresGeneral news

Signed contracts for U S homes rise for the second month in a row

U.S. pending home sales rose in July, the National Association of Realtors said on Wednesday.

Lawrence yunNational association of realtorsNational associationArticle normalConstruction real estateFinancial performanceSales figuresCorporate industrial newsEconomic performance indicatorsHome sales housing affordability figuresEconomic newsHousing sales figuresReal estate marketsPolitical general newsReal estate propertyReal estate listings

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