WASHINGTON New U.S. single-family home sales jumped to a seven-month excessive in February, suggesting the housing market recovery was gaining momentum despite increased prices and rising mortgage rates.
The Commerce Department mentioned new home sales dropped 10.four % to a seasonally adjusted annual price of 536,000 items final month. Economists polled by Reuters had forecast single-household home gross sales, which account for eight.9 percent of overall home sales, slipping 1.0 percent. In a separate report, the Labor Department said preliminary claims for state unemployment benefits elevated 15,000 to a seasonally adjusted 261,000 for the week ended March 18.
Home Depot also agreed to improve knowledge security over a two-yr period, and rent a chief information safety officer to supervise its progress. It will individually pay authorized charges and associated prices for affected consumers. The 30-12 months fixed mortgage fee is round 4.30 %. House prices increased 5.7 % in January … Read more