Good News! Existing Home Sales Up And FHFA Home Prices Rise
After months of reports of slowing home price momentum and forecasts of a lagging housing market, we are pleased to report an increase in volume of existing home sales.
What’s Ahead For Mortgage Rates This Week – Sept 29, 2014
Last week's economic news included several housing-related reports that provided mixed results with lower than expected sales of previously owned homes and higher than expected sales of new homes.
National Association of Realtors, Existing Home Sales Slip in August
Sales of previously owned homes fell in August according to the National Association of REALTORS. This was the first decline in sales in five months. Although not welcome news to homeowners and real estate pros, there is good news...
What’s Ahead For Mortgage Rates This Week – Sept 2, 2014
Last week's economic news included several reports related to housing. The Case-Shiller and FHFA reports for June showed a further slowing in home price growth. New home sales for July fell short of the expected reading, but pending home sales exceeded expectations.
Case-Shiller, FHFA Report Slowing Growth in Home Prices
The Case-Shiller 10 and 20-City Home Price Indices for June reported year-over-year gains of 8.10 percent while the Case-Shiller National Home Price Index covers all nine census regions and reported a year-over-year gain of 6.20 percent.
National Association of REALTORS Existing Home Sales Exceed Projections
According to the National Association of REALTORS®, existing home sales surpassed both May sales and expectations for June
What’s Ahead For Mortgage Rates This Week – June 30, 2014
Last week brought several economic and housing sector reports including Existing Home Sales, Case-Shiller and FHFA home prices for April, as well as New Home Sales.
What’s Ahead For Mortgage Rates This Week – June 2, 2014
Last week's economic news was fairly quiet due to the Memorial Day holiday on Monday and no scheduled news released on Wednesday.
What’s Ahead For Mortgage Rates This Week – April 21, 2014
Last week's economic news supported the general outlook for moderate economic growth. Housing related news included the National Association of Home Builders / Wells Fargo Housing Market Index for April and Housing Starts for March.