Housing
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The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a rise of 1.3% in…
ThinkstockAs many as 40% of the homes sold in the U.S. in July were purchased in cash, up from 31%…
ThinkstockThe U.S. Census Bureau reported this morning that construction spending in July increased by 0.6%, to an estimated seasonally adjusted…
ThinkstockSince hitting a five-year peak in mid-May of this year, shares of homebuilders’ stocks have dropped between 15% to 33%.…
ThinkstockIn its weekly Primary Mortgage Market Survey, home lending giant Freddie Mac reported that mortgage rates for fixed-rate loans have…
ThinkstockIn the month of July, 49,000 U.S. home foreclosures were completed, down from a revised total of 53,000 in June…
ThinkstockFor the month of July, U.S. home sales reached an annualized rate of 5.5 million, up 4% from June and…
ThinkstockExperts call it negative equity. To the general public, the term is underwater mortgages. Regardless of what it is called,…
ThinkstockThe National Association of Realtors (NAR) this morning released its data on pending sales of existing homes in July. The…
ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a drop of 2.5% in…
ThinkstockThe S&P/Case-Shiller home price index for June posted another month of solid gains, but not on the same pace as…
ThinkstockThe sharp rise in mortgage interest rates over the past six months are going to do some serious damage to…
ThinkstockThe U.S. Census Bureau this morning released data on new single-family home sales for July. Sales dropped 13.4% month-over-month to…
The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in July rose…
ThinkstockBefore markets opened on Wednesday, Lowe’s Companies Inc. (NYSE: LOW), the country’s second largest home improvement store chain, reported second-quarter…
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