February Existing Home Sales Bounce 3%
The National Association of Realtors announced Wednesday that February sales of existing homes rose 3% after falling in the two prior months. Sales were strongest in the South and West.
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Mortgage Loan Rates Tick Lower, Applications Slightly Higher
Mortgage loan rates made small moves over the past week according to the Mortgage Bankers Association. Applications rose, but refinancings fell to their lowest level in more than nine years.
Most Expensive Home on Market in US? $110 Million
A mansion for sale in one of the priciest parts of the U.S. is on the market for $110 million. A buyer gets 10 bedrooms, 12 baths, and a sprawling estate on over 13 acres.…
When Is Home Equity Debt Deductible?
Americans have been whipsawed as the new tax code begins to come into effect. Are state and local taxes deductible? How about mortgages? Money left in wills? The taxation of small businesses? One of…
10 Best, Most Affordable Beach Towns in the World
Looking for a beach to move to? Not an unusual thought about this time every year. Here's a list of the 10 best and most affordable of the world's beach towns.
How the US Housing Market Recovered $16 Trillion
Last year U.S. home prices reached parity with home prices at the previous market peak posted in 2006. But the recovery has been unequal and some states still lag well behind.
Mortgage Loan Rates Tick Up, Applications Remain Flat
Applications for new mortgages remained essentially flat last week and mortgage interest rates did the same. Rates remain right around year-to-date highs however.
CoreLogic January Home Price Index Posts Another Big Jump
CoreLogic's home price index for January rose more than 6% year over year in January. The recent steep price hikes continue to make it difficult for first-time buyers who want to enter the market.
Value of Homes in Areas With High Environmental Risk Hits $3.4 Trillion
The total value of homes in areas which have high environmental risk reached $3.4 trillion last year. This includes risk for four environmental hazards: superfund sites, brownfields, polluters and poor air quality. The data are…
January Pending Home Sales Plunge
Pending home sales plunged by nearly 5% month over month in January, according to the National Association of Realtors. The group has also lowered its estimate of full-year sales and raised its estimated median…
Mortgage Loan Rates on the Move, Applications Rise
Applications for new mortgages rose last week. Rates for 30-year conforming and jumbo loans both rose during the week.
December Home Prices Continue Torrid Growth Pace
Home prices closed out 2017 with a year-over-year December increase of 6.3% on the Case-Shiller house price index. Whether the pace will continue into 2018 is not yet clear.
January New Home Sales Tumble Again
New home sales fell by 7.8% month over month in January and 1% year over year according to the latest data from the U.S. Census Bureau.
6 Things to Avoid When Getting a Mortgage
Getting a mortgage can be more stressful than finding the right house and once you're in the market for both, you need to avoid doing some things that could lose your mortgage loan.
January Existing Home Sales Slide More Than 3%
Existing-home sales dipped more than 3% year over year in January and were well below estimates for a seasonally adjusted annual rate of 5.65 million.