30-Second Update: Home Sales Rise to 17-Month High!
According the National Association of Realtors (NAR), U.S. home sales rose to a 17-month high in the month of August, up 1.3% from the previ…
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30 Second Update: Week of September 16th, 2019
According to the National Association of Home Builders (NAHB), from April to June, 55% of home shoppers who were actively seeking to purchas…
Read moreHealthy Market Conditions Continue
Mortgage application data just came in from the Mortgage Bankers Association, and refinances dropped slightly for the week by 8%, but are st…
Read more30 Second Update: Mortgage Rates Hit 3-Year Lows/Demand for Housing Increasing
According to Mortgage News Daily, for the week ending August 2nd, rates on 30-year fixed mortgages have reached 3-year lows. Current rates…
Read morePending Home Sales are Still Strong and Homes Continue to Appreciate
The National Association of Realtors (NAR) reported that Pending Home Sales, which reports on signed contracts, has increased from 1.1% to 2…
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Get pre-qualified Call 800-778-904430-Second Update: Sellers Earning More on Home Sales & July Interest Rate Cut Likely
According to data provided by Redfin, home prices rose for the third consecutive month in June. The data indicated that US home prices reac…
Read moreLow Mortgage Delinquencies and Healthy Outlook for Housing
As we have been saying, homeownership is a great way to build wealth. CoreLogic is reporting that the average gain nationwide in home equit…
Read more30-Second Update: Economic Expansion & Stock Market All-Time High
According to the National Bureau of Economic Research, this month marks the longest expansion of economic growth since 1854, stemming back t…
Read moreHome Prices Continue to Appreciate
CoreLogic has reported that single family homes across the nation have appreciated in price by 3.6% from May last year to May this year. The…
Read more30-Second Update: Pending Home Sales Rise/Mortgage Rates Hit 2 ½ Year Low
The Pending Home Sales Index, which is a forward-looking indicator based on home contract signings, increased 1.1% to 105.4 in May, up from…
Read moreThe Fed and Lower Rates
After the Fed’s meeting last week, we saw bond pricing improve which has pushed interest rates even lower. The Fed has decided to keep the…
Read more30-Second Update: Mortgage Applications Surge, Rates Near Lowest Level in Two Years!
According to the Mortgage Bankers Association’s seasonally-adjusted index, mortgage applications surged 26.8% in the week ending June 7th.…
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