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US Long-Term Mortgage Rates Ease; 30-Year Loan at 3.72%

WASHINGTON — U.S. long-term mortgage rates declined slightly this week, remaining close to the historically low levels where they have hovered for the past two months. Mortgage buyer Freddie Mac said Thursday the average rate for a 30-year fixed-rate mortga...
Photo of a home for sale sign

Pending Home Sales Reached a 21-Month High in September

WASHINGTON — More Americans signed contracts to buy homes in September, a sign that the housing market is still benefiting from lower mortgage rates. The National Association of Realtors said Tuesday that its pending home sales index rose 1.5% from August t...