Mortgage Rates – One America News Network

Single-family residential homes are shown under construction in Menifee, California, U.S., March 28, 2024. REUTERS/Mike Blake/File Photo

US house prices fall on monthly basis in June

House prices dipped 0.1% on a month-on-month basis after being unchanged in May, the Federal Housing Finance Agency said on Tuesday.

AUSTIN, TEXAS - AUGUST 03: People pump gas at a Shell gas station on August 03, 2023 in Austin, Texas. Gas stations around the country have boosted prices by an average of 26 cents a gallon over the past month as irregular temperatures have made fuel-making more challenging due to the slowing of cooling processes needed to refine crude oil. (Photo by Brandon Bell/Getty Images)

U.S. Inflation Hits 2.9% In July, Opening Possibility For Fed To Start Cutting Rates

U.S. inflation rose 2.9% in July last month, versus a year ago, which fell below expectations in a result that likely paves the way for the Federal Reserve to finally begin cutting interest rates next month.

A "For Sale" sign is posted outside a residential home in the Queen Anne neighborhood of Seattle, Washington, U.S. May 14, 2021. REUTERS/Karen Ducey/File Photo

Record house prices depress US home sales in June

U.S. existing home sales fell more than expected in June as the median house price set another record high.

New townhomes are seen under construction while building material supplies are in high demand in Tampa, Florida, U.S., May 5, 2021. REUTERS/Octavio Jones/File Photo

US new home sales slump to six-month low in May

Sales of new U.S. single-family homes dropped to a six-month low in May as a jump in mortgage rates weighed on demand.

A woman shops in a supermarket in Los Angeles, California, U.S., June 13, 2022. REUTERS/Lucy Nicholson/File Photo

US consumer confidence retreats slightly; house prices remain elevated

The mixed survey also showed consumers’ perceived likelihood of a recession over the next 12 months retreated this month.

MIAMI - AUGUST 10: A For Sale sign is displayed in front of a home August 10, 2007 in Miami, Florida. The stock market remained volatile as Wall Street contended with widening fears of losses in the U.S. housing loan market. (Photo by Joe Raedle/Getty Images)

Home Sales Drop For Third Straight Month, Prices Hit Record High

For the third straight month, sales of previously occupied U.S. homes fell in May as increasing mortgage rates and record-high prices discourage many potential homebuyers during what’s typically the housing market’s busiest period of the year.