United State Pending Home Sales Tumble in June
The numbers: U.S. pending-home sales dropped in June by 8.6%, according to the regular monthly index released Wednesday by the National Association of Realtors. Experts questioned by the Wall Street…
July Existing-Home Sales Succumb To the Sixth Straight Month, Realtors See ‘Housing Economic Crisis’
The numbers: U.S. existing-home sales dropped 5.9% to a seasonally readjusted annual rate of 4.81 million in July, the National Association of Realtors stated Wednesday. This is the 6th straight…
An Inflation Storm Is Coming for the United State Real Estate Market
Fast-rising real estate prices have helped trigger the biggest increase in inflation considering that 2008. However the manner in which federal government statisticians track the price of consumer goods may…
Existing-Home Sales Decrease In The Middle Of Listings Shortage
The numbers: Existing-home sales lowered 4.6% in between November and also December, striking a seasonally-adjusted, annual rate of 6.18 million, the National Association of Realtors claimed Thursday. Compared to a…
Home Mortgage Prices Autumn Below 3% Once more– but Climbing Costs Mean That Home Customers Should Not Expect Cost Savings
House customers are seeing a break from climbing home mortgage rates as the bond market locates its equilibrium, but that doesn’t imply many Americans will certainly save money when they…
Home Mortgage Rates Be Up To 5.3%, Continuing Volatile Stretch
Home loan rates dropped after climbing for 2 straight weeks, another indicator that economic downturn problems are affecting the U.S. housing market. The ordinary rate on a 30-year fixed-rate home…
New-Home Sales Plunge as the Housing Economic Crisis Gains Vapor
No one’s acquiring recently developed houses any longer. Simply a few months earlier, builders were remaining on extensive listings of homebuyers waiting to buy brand-new building and construction and also…
Last Summer season’s Breakneck Speed of Home-Price Growth May Finally Ease as Mortgage Prices Rise
The numbers: The S&P CoreLogic Case-Shiller 20-city price index posted a 18.3% year-over-year gain in November, down slightly from 18.5% the previous month. On a month-to-month basis, the index raised…
Fannie Mae, Freddie Mac to Back House Loans of Virtually $1 Million as Rates Skyrocket
WASHINGTON– The federal government will back mortgages of nearly $1 million for the first time. The maximum dimension of home-mortgage car loans eligible for backing by Fannie Mae and also…
Mortgage Prices Strike 4.99%, Going down Listed below 5% for First Time Given That April
Home mortgage prices went down to their most affordable level since April, providing a reprieve to prospective house buyers that have actually been struck this year with higher prices and…