Prashant Gopal

Boston

Journalist at Bloomberg Businessweek

Reporter at Bloomberg News

Prashant Gopal is a Bloomberg News housing reporter. Bates College grad. Proud dad. Hoarder of vinyl records. Opinions are my own.

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Articles

US Mortgage Rates Rise for a Third Time While Sticking Below 7%

1 week ago | news.bloombergtax.com | Prashant Gopal

Mortgage rates in the US rose for a third straight week. The average for 30-year, fixed loans was 6.89%, the highest since early February and up from 6.86% last week, according to Freddie Mac. A growing number of sellers are bringing their homes to the market this spring, giving buyers more choices and greater negotiating power in many parts of the country.
US Mortgage Rates Rise for a Third Time While Sticking Below 7%

1 week ago | news.bloomberglaw.com | Prashant Gopal

Mortgage rates in the US rose for a third straight week. The average for 30-year, fixed loans was 6.89%, the highest since early February and up from 6.86% last week, according to Freddie Mac. A growing number of sellers are bringing their homes to the market this spring, giving buyers more choices and greater negotiating power in many parts of the country.
US Mortgage Rates Rise for a Third Time While Sticking Below 7%

1 week ago | bloomberg.com | Prashant Gopal

Homes in Hercules, California. (Bloomberg) -- Mortgage rates in the US rose for a third straight week. The average for 30-year, fixed loans was 6.89%, the highest since early February and up from 6.86% last week, according to Freddie Mac. A growing number of sellers are bringing their homes to the market this spring, giving buyers more choices and greater negotiating power in many parts of the country.
El aumento de los precios de las viviendas en EE.UU. se desaceleró en marzo

1 week ago | bloomberglinea.com | Prashant Gopal

BLoomberg — El incremento de los precios de la vivienda en EE.UU. se ralentizaron en el mes de marzo, ya que los listados crecieron sin un repunte correspondiente de la demanda por parte de los compradores. Según datos de S&P CoreLogic Case-Shiller, el indicador nacional de precios subió un 3,4% respecto al 2024. Este aumento fue inferior al 4% anual de febrero.
The rise in home prices slowed in March as buyers pulled back

1 week ago | nationalmortgagenews.com | Prashant Gopal

Home-price gains in the US slowed in March as listings climbed without a corresponding uptick in buyer demand. A national gauge of prices was up 3.4% from a year earlier, according to data from S&P CoreLogic Case-Shiller. That was smaller than the 4% annual increase in February.
The Rise in US Home Prices Slowed in March as Buyers Pulled Back

1 week ago | bloomberg.com | Prashant Gopal

Homes in Hercules, California. (Bloomberg) -- Home-price gains in the US slowed in March as listings climbed without a corresponding uptick in buyer demand. A national gauge of prices was up 3.4% from a year earlier, according to data from S&P CoreLogic Case-Shiller. That was smaller than the 4% annual increase in February. The run-up in prices since the pandemic, and mortgage rates hovering near 7%, have squeezed affordability for house hunters, pushing many to the sidelines.
The Rise in US Home Prices Slowed in March as Buyers Pulled Back

1 week ago | ca.finance.yahoo.com | Prashant Gopal

(Bloomberg) -- Home-price gains in the US slowed in March as listings climbed without a corresponding uptick in buyer demand. • None UAE’s AI University Aims to Become Stanford of the Gulf• None Pacific Coast Highway to Reopen Near Malibu After January FiresA national gauge of prices was up 3.4% from a year earlier, according to data from S&P CoreLogic Case-Shiller. That was smaller than the 4% annual increase in February.
Trump’s GSE Pitch Mints Stock Billions, Risks Costlier Mortgages

2 weeks ago | news.bloombergtax.com | Natalie Wong |Prashant Gopal |Norah Mulinda

President Donald Trump’s announcement that he’s weighing a public offering of US mortgage giants Fannie Mae and Freddie Mac sent their shares soaring, extending gains this year for hedge funds and other investors to almost $50 billion. But for US homebuyers, taking the entities public comes with risks that threaten to add more than $40,000 in costs to the typical borrower over the lifetime of the loan.
Trump’s GSE Pitch Mints Stock Billions, Risks Costlier Mortgages

2 weeks ago | news.bloomberglaw.com | Natalie Wong |Prashant Gopal |Norah Mulinda

President Donald Trump’s announcement that he’s weighing a public offering of US mortgage giants Fannie Mae and Freddie Mac sent their shares soaring, extending gains this year for hedge funds and other investors to almost $50 billion. But for US homebuyers, taking the entities public comes with risks that threaten to add more than $40,000 in costs to the typical borrower over the lifetime of the loan.
Trump’s Fannie, Freddie Pitch: Who Stands to Win or Lose

2 weeks ago | bloomberg.com | Natalie Wong |Prashant Gopal |Norah Mulinda

Prospective buyers attend an open house at a home in San Francisco. (Bloomberg) -- President Donald Trump’s announcement that he’s weighing a public offering of US mortgage giants Fannie Mae and Freddie Mac sent their shares soaring, extending gains this year for hedge funds and other investors to almost $50 billion. But for US homebuyers, taking the entities public comes with risks that threaten to add more than $40,000 in costs to the typical borrower over the lifetime of the loan.

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