Home Mortgage

Housing starts increased 17.3% to a seasonally adjusted annual rate of 1.186 million units last month; the percentage increase was the largest since October 2016.

The rate on a 30-year fixed mortgage fell to a historic low of 2.98 percent in the week ended July 16.

As of May, home prices in Miami had appreciated for 102 consecutive months.

Consumers have continued spending on big-ticket items such as vehicles and homes during the coronavirus pandemic, helping support the U.S. economy

Historically-low mortgage rates are helping banks generate revenue amid the COVID-19 pandemic.

Homebuyers in rural towns carried on with their searches despite the pandemic, new data shows.

The 30-year fixed rate average fell to record lows for the third consecutive week.