Page 4 - Existing Homes News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The average mortgage rate headline among major news networks suggests things improved this week. The average headline is wrong . Don't blame the news organization in question.  They're just taking part in the longstanding tradition of covering Freddie Mac's weekly mortgage rate survey.  Freddie did indeed report a small drop in rates versus last week, but there are several caveats . Freddie's survey is released on Thursday morning.  That might make it seem like timely enough news, even at the end of the week, but the da...

Dublin, July 18, 2022 (GLOBE NEWSWIRE) -- The "European Smart Home Market by Product (Lighting Controls, Security & Access Controls, HVAC Controls,...

The "European Smart Home Market by Product (Lighting Controls, Security Access Controls, HVAC Controls, Smart Speakers, Smart Kitchens, Home Appliances, Home Healthcare), Software Service (Proactive

Press release content from Business Wire. The AP news staff was not involved in its creation.

The housing market has been keeping its head down, keeping calm, and carrying on in the face of the biggest rate spike since the 1980s.  The ability to ignore higher interest rates is nothing new for home sales.  In fact, sometimes we see almost no reaction in sales numbers when rates rise.   The following chart shows several of the biggest rate spikes of the past decade (and yes, they do look small in comparison to 2022).  While there is perhaps some small impact on new home sales, it's minimal at best.  Pe...