The Pending Home Sales Index resumed its climb in January, posting a 2 percent gain over the month prior.
Monthly Archive: February 2012
321,000 new homes were sold last month on a seasonally-adjusted, annualized basis. 7 of 10 new homes sold for less than $300,000.
Mortgage markets improved in a holiday-shortened week last week, drawing mortgage rates lower nationwide.
Here’s the bad news. Due to ever increasing Federal Regulations (resulting from the credit crisis), getting your mortgage closed is more complicated than ever. Here’s the good news. A good lender will help you through it. I’m not talking about one of those online lenders or mega banks with a massive mortgage call centers and a …
Real Estate. To buy or not to buy? If you are plagued by indecision and insecurity, you’re not alone… and rightfully so. Here are three things you need to hear from real estate insiders because the media doesn’t always get it right. #1 – The Affordability index is the lowest in decades. Huh? In case …
The Federal Reserve has released the minutes from its 2-day meeting January 24-25, 2012.
January’s home resales moved to a 20-month high — additional evidence that the nation’s housing recovery is underway.
Foreclosure filings fell 19 percent last month versus one year ago, says foreclosure-tracking firm RealtyTrac. It’s yet one more signal that the U.S. housing market may have already climbed off its bottom.
Mortgage markets worsened last week as the Eurozone moved closer to a bailout agreement with Greece, and the U.S. economy displayed more signs of growth. Mortgage rates climbed.