We’ll add more market news briefs throughout the day. Check back to read the latest.Most recent market news
Wednesday, April 26
Tuesday, April 25
“Mortgage rates climbed over the week for the first time since early March, rising about 10 basis points after touching their lowest levels since November last week,” said Erin Lantz, vice president of mortgages at Zillow. “The rebound in rates was driven by a collective financial market sigh of relief as a political moderate won the most votes in the first round of France’s presidential election, the prospect of growth-boosting tax reform in the US. This week rates should be more stable leading up to Friday’s Q1 GDP report.”Home equity rates: Average Home Equity Loan Bank Rates by State | Credio Average Home Equity Loan Bank Rates by State | Credio Average Home Equity Loan Credit Union Rates by State | Credio Mortgage rates: 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio News from earlier this week
Monday, April 24
At $268K, the national-level HPI hit a new post-crisis peak in February, marking a 1.0 percent gain in home prices since the start of the year Washington led all states in monthly appreciation, with home prices there rising 2.2 percent, followed by Colorado and Oregon with 1.6 and 1.5 percent growth, respectively Seattle’s 2.7 percent monthly appreciation was the most of any metropolitan area; San Jose, Calif., Denver, Colo., and Bellingham, Wash., also saw monthly price gains of two percent or higher In addition to securing the top spots on both the best-performing state and metropolitan area lists this month, Washington also accounted for six of the 10 best-performing metros in the country For the third consecutive month, Tuscaloosa, Ala., was once again the worst-performing metropolitan area, with prices falling 4.7 percent in February – more than eight times the decline of the next worst-performing metro Home prices in six of the nation’s 20 largest states and 14 of the 40 largest metros hit new peaks in February
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