Home Sales Rise Unexpectedly in December as Consumer Sentiment Improves
Pending home sales rose 2.5% in December, defying expectations of a drop as mortgage rates eased somewhat. The University of
Read morePending home sales rose 2.5% in December, defying expectations of a drop as mortgage rates eased somewhat. The University of
Read moreMortgage rates have declined for the third consecutive week, leading mortgage applications to rise. According to Mortgage Professional America, āmortgage
Read moreIn the first time in more than a year, pending home sales have increased. According to Fox Business,Ā pending home sales
Read moreIt was reported for the week ending on Jan. 20, 2023 that the average U.S. long-term 30-year mortgage rate had
Read moreThe average contract rate on a 30-year fixed-rate mortgage fell to 6.23%, the week ending in Jan. 13. According to
Read moreApplications for residential loans rose 1.2% seasonally adjusted and were up 48% unadjusted. According to Mortgage Professional America,Ā āMortgage rates declined
Read moreHomebuilding activity may be slow for the single family market, but that’s not the case for the multifamily sector. According
Read moreThe Fannie Mae Home Purchase Sentiment Index (HPSI) increased to 57.3, marking a 0.6 point increase for November. According to
Read moreDropping for three straight months, median home prices fell 0.52% in September. According to Seeking Alpha,Ā homes have shed 2.6% of
Read moreAs one form of activity remains low, mortgage applications drive weekly increase. According to Mortgage Professional America,Ā āMortgage rates decreased last
Read moreMortgage rates, though expected to rise, won’t move much higher than they are now. According to Fox Business,Ā the housing market
Read moreThe 30-year fixed mortgage rate fell to 6.95% as of November 3. According Mortgage Professional America, the drop followed the
Read moreFor the first time in more than two months, mortgage rates fell. According to The Hill,Ā the MBAās weekly survey shows
Read moreThe 20-city house-price index fell 1.3% in August, its second consecutive monthly decline. Year-over-year price appreciation rose 13.1%, reflecting the
Read moreU.S. rent prices rose 9% year over year in September, down from the 18% in march. According to Deseret News,
Read moreMaking up nearly half of all home buyers, first-time home buyers are back, rebounding from pandemic lows. According to Cision,
Read moreA sharp decrease in demand between September 2021 to September 2022 was reported, driving the housing market cooldown. According to
Read moreU.S. home prices have just made their most significant drop since the Great Depression. According to New York Post, median
Read moreAn analysis by NAHB Chief Economist Robert Dietz. According to NAHB,Ā Since the start of 2022, the benchmark 10-year Treasury rate
Read moreFor the sixth week in a row, mortgage rates have surged, closing in on 7%. According to CNN Business, the
Read moreHousing inventory increased for the second week in a row to 0.9%. According to Calculated Risk, as of September 23rd,
Read moreThough new home construction rose to 12.2% as of August, applications to build declined to their slowest pace since June
Read moreHome price growth slows as new listings have declined for 10 straight weeks. According to Mansion Global, although last weekās
Read moreSlowed construction growth in larger metro areas has allowed for the activities in smaller cities and rural areas continues to
Read moreU.S. mortgage rates, continuing to rise, reach a new high. According to The Real Deal,Ā the average rate on a 30-year
Read moreHigh mortgage rates, supply chain issues and labor shortages, all of which are leading home builders and mortgage brokers to
Read moreDeclining home sales mean for a recession but home prices are saying something different. According to the OC Register, āWhile
Read moreU.S. mortgage rates fell back in the week ending August 18, an upswing could be in store. According to FX
Read moreMortgage applications fell 18% year over year, the lowest level in 22 years, while refinance volume plunged 82% compared to
Read moreFirst American Financial Corporation released their proprietary Potential Home Sales Model for the month of July 2022. According to Business
Read moreWhat millennials are looking for in a new home By Rose Quint Millennials have become the single-largest generation in the
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