Month: February 2018

Broken hearts: The divorce capital of every state

 24/7 Wall St. reviewed Census Bureau data to identify the city in each state that has the highest percentage of divorces among those 15 years and older. Demopolis, Alabama Divorced population: 18.9% Divorced population, statewide: 12.5% Married population: 33.4% Median household income: $25,942 Households earning less than $10,000: 22.8% Kenai, Alaska Divorced population: 18.9% Divorced …

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Mortgage rates today, February 1, plus lock recommendations | Mortgage Rates, Mortgage News and Strategy : The Mortgage Reports

What’s driving current mortgage rates? Mortgage rates today rose after two releases. First, the weekly unemployment claims report came in with 230,000  claims,  fewer than the expected 240,000. This is bad for mortgage rates because it means employment is in a better state than previously thought. However, tomorrow’s Monthly Employment Situation Report from the Labor Department is the biggest and most …

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Rising mortgage rates squeeze U.S. refinancing activity

NEW YORK (Reuters) – Rising borrowing costs are dampening U.S. refinancing activity, with its weekly share of mortgage applications falling to the lowest level since August, the Mortgage Bankers Association said on Wednesday. The Washington-based group said its index on refinancing applications fell 2.9 percent to 1,288.0 in the week ended Jan. 26 as average …

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Pending home sales inch higher as tight inventory stifles housing market – MarketWatch

The numbers: U.S. pending home sales rose 0.5% in December, the National Association of Realtors said Wednesday. That’s the highest reading since March, even though the index stands just 0.5% higher than a year ago. What happened: December marked the third month of increases for NAR’s index of pending home sales, which tracks real-estate transactions in which …

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