Source: USA Today — A slight decline in mortgage rates in December and January contributed to an improvement in pending home sales for a second consecutive month, according to data released Monday by the National Association of Realtors. The Pending Home Sales...
Source: Yahoo! News — Signed contracts to buy existing homes in the U.S. rose in January in the largest monthly increase since June 2020, as the housing market sets course for rebound mode. The National Association of Realtors’ index of pending home sales...
ATTOM, a curator of land, property, and real estate data released its fourth-quarter 2022 U.S. Residential Property Mortgage Origination Report, which shows that 1.52 million mortgages secured by residential property (1 to 4 units) were originated in the fourth...
Source: New York Post — Four US cities that experienced housing booms during the COVID-19 pandemic are set for major declines in home prices by the end of next year, according to Goldman Sachs analysts. The pandemic boomtowns of Austin, Seattle, Phoenix and San...
The U.S. supply of homes for sale rose at a record annual pace for the sixth month in a row, up 67.8% year over year in February, signaling the housing market’s continued rebalancing, according to the Realtor.co Monthly Housing Trends Report. Despite the...
Source: Nerd Wallet — March mortgage rates forecast The economic calendar in March is not friendly to mortgage rates. There’s not much on it to motivate rates to fall. After rising sharply in February, mortgage rates are more likely to level off or go up...
