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March 10 Daily Financial Blog

mandy • Mar 10, 2016

Mortgage rates edged higher in the latest week after the Labor Department reported a strong payrolls report for February. The news pushed Bond prices lower, while mortgage rates rose. Mortgage rates are still hovering just above all-time lows. The 30-year fixed conventional mortgage rate rose to 3.68% this week with 0.5 in points and fees. Last year this time, the rate was 3.86%.

An aerial view of a residential area with lots of houses and trees.

March New Home Sales Decline

By mandy • 25 Apr, 2016
A sharp decline in the West sent New Home Sales lower by 1.5 percent in March.
A living room filled with furniture and a television.

Home Prices Post 6.8% Annual Gain

By mandy • 05 Apr, 2016
CoreLogic reports that home prices, including distressed sales, rose by 6.8 percent from February 2015 to February 2016.
A row of houses are lined up in a row.

Monday- March 28

By mandy • 28 Mar, 2016
Inflation pressures remained tepid in February as measured by the Core Personal Consumption Expenditures (PCE).
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