Prashant Gopal
Housing in U.S. seen boosted by millennials finally buying
BOSTON - A greater share of U.S. millennials say they’re likely to buy a home this year, adding to evidence that first-time buyers are...
Sales of vacation homes set a record as U.S. economy improves
BOSTON - Even before the remnants of eastern Massachusetts’ snowiest winter have melted, second-home buyers flocking to Cape Cod’s beach towns have helped Steve...
Millennials shifting to homeownership as rents in U.S. soar
BOSTON - Americans in their 20s and early 30s are getting a nudge toward homeownership a decade after sales peaked during the housing bubble....
U.S. mortgage rates rise from 20-month low on strong jobs report
BOSTON - Mortgage rates in the U.S. jumped from a 20- month low as the job market gained momentum.
The average rate for a 30-year...
Homeownership rate in the U.S. falls to lowest since 1994
BOSTON - The U.S. homeownership rate fell to the lowest in more than two decades in the fourth quarter as many would-be buyers stayed...
Serious mortgage delinquencies fall as job market improves
BOSTON – The share of U.S. mortgages that are seriously delinquent fell to the lowest in six years as the job market improved, allowing...
U.S. homeownership falls to 19-year low as affordability worsens
BOSTON – The homeownership rate in the U.S. fell to a 19-year low as rising prices and tight credit kept many first-time buyers out...
Mortgage rates fall for second week as home sales rebound
BOSTON – U.S. mortgage rates fell for a second week, lowering borrowing costs as the housing recovery gets a second wind.
The average rate for...
House prices climb in fewer U.S. cities as recovery cools
BOSTON – Prices for single-family homes climbed in 74 percent of U.S. cities in the first quarter, fewer than a year earlier, as the...
U.S. homeownership rate declines to lowest since 1995
BOSTON – The homeownership rate in the U.S. declined to the lowest in almost 19 years as rising property prices and mortgage rates held...