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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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Current Mortgage Rates Hold at 2.87%

Mortgage rates stayed put this week. The average rate for a 30-year fixed-rate mortgage remains at 2.87% for the second week in a row, according to Freddie Mac's survey. After nearly 18-months of dramatic moves, the 30-year rate has stuck...

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