TOL
NYSE · Consumer products
Toll Brothers Inc
$136.46
-1.52 (-1.10%)
TOL News3 articles
Mortgage Rates Climb, Threatening Spring Housing Momentum
U.S. mortgage rates increased to 6.29% this week, reversing a brief dip below 6% and threatening the spring housing market's early momentum. California's median home price reached $830,370 in February, with sales remaining below 300,000 for the 41st consecutive month.
Mortgage Rates Dip to 6.29% as Fed Decision Looms, Housing Market Shows Mixed Signals
The average 30-year fixed mortgage rate declined to 6.29% on Tuesday from 6.36% as bond markets stabilized before the Federal Reserve's policy announcement. Pending home sales increased 1.8% in February amid the rate relief.
Mortgage Rates Slide to 6.01%, Yet Housing Market Momentum Remains Elusive
The average 30-year fixed mortgage rate dropped to 6.01% this week, hitting a multi-year low. However, mortgage lenders and homebuilder stocks exhibited mixed performance amid tepid housing data.