October Existing Home Sales Rise for First Time in 6 Months
Sales of existing homes rose in October for the first time since March according to the latest data from the National Association of Realtors.
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Newest first · Page 55Mortgage Applications Dip Slightly as Interest Rates Slide
Applications for new mortgages ticked down last week according to the Mortgage Bankers Association. Mortgage loan rates also fell while refinancings remained at their lowest levels since 2000.
October Housing Starts Rise, But Still Short of Expectations
New housing starts in October rose month over month by 18,000. Including an upward revision of 9,000 units to September's total, October was a pretty good month.
November Home Builder Confidence Plunges
The National Association of Home Builders reported Monday that contractor confidence plunged in November to an index score of 60. That's also well below the consensus expectation of economists.
Mortgage Delinquencies, Foreclosure Inventory Post August Declines
Mortgage delinquencies continued to drop year over year in August according to the latest report from CoreLogic. Delinquency rates have now fallen back to around pre-housing-crisis levels.
Mortgage Applications Continue to Slide, Interest Rates Slightly Higher
Mortgage loan rates mostly made small moves higher last week with the conventional 30-year fixed-rate mortgage averaging 5.05%. Applications for new mortgages continue to fall on both purchases and refinancing.
Aretha Franklin’s Home On Sale For Under $1 Million
Less than three months after Aretha Franklin’s death at 78, her home near Detroit has gone onto the market for $800,000. Although born in Tennessee she lived much of her life in the Motor…
How DR Horton Earnings Reflect Today’s Home Market
Homebuilder D.R. Horton reported quarterly and full fiscal year earnings Thursday morning that roughly met analysts' expectations. As a group, though, homebuilders including Horton have had a very tough year.
Mortgage Applications Hit 4-Year Low as Interest Rates Climb
Applications for new mortgages dropped by 4% week over week according to Wednesday's report from the Mortgage Bankers Association. Interest rates rose on most loan types also rose over the past week.
CoreLogic September Home Price Index Maintains Slowing Growth Pace
U.S. home prices rose 5.6% in September compared with the same month a year ago, according to data from CoreLogic released Tuesday.
Mortgage Applications Slide, Interest Rate Moves Mixed
Applications for new mortgages dropped by 2.5% last week according to the Mortgage Bankers Association's weekly report. Mortgage interest rates on a 30-year fixed-rate, conventional loan remained unchanged at 5.11%.
August Home Price Increase Dips to 20-Month Low
The S&P CoreLogic Case-Shiller national home price index rose 5.8% year over year in August, the first time in 12 months when the increase has fallen below 6%. The August reading is also a…
Down Payments on a Home Are Dropping
A new study by researchers at Lending Tree shows that average home down payments are falling. This is good news for both buyers and sellers.
September Pending Home Sales Inch Higher After 8 Months of Decline
For the first time in nine months, the National Association of Realtors reported an increase in pending home sales. The increase is small and the market is still constrained by available inventory.
September New Home Sales Plummet, Prices Remain Nearly Flat
New home sales dropped by 13.2% year over year in September, the worst monthly drop in nearly two years. The number of homes in inventory rose again last month.