Mortgage Loan Rates Ease, Applications for New Mortgages Rise
For the first time in nearly two months the number of applications for new mortgage loans rose as loan rates fell for the second consectutive week.
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CoreLogic April Home Price Index Jumps Nearly 7%
Home prices rose nearly 7% year over year in April, according to research firm CoreLogic. Limited inventory of homes for sale continues to push prices higher.
10 US Cities Where Home Prices Are Falling the Most
With home prices continuing to rise in most U.S. cities, buyers looking for affordable homes may think they have no options. But here are 10 U.S. metros where home prices are actually falling.
Most Popular Home in America Is a Barn in Texas
They are called “barndominiums” which means, as the word says, barns of one sort or another, which are converted into homes. The most visited listing on realtor.com last week was a barndominium built in…
April Pending Home Sales Slide as Inventory Remains Low
Pending sales of existing homes dropped by nearly 2% in April, according to a report Thursday from the National Association of Realtors. Lack of inventory of homes for sale continues to plague would-be buyers…
Mortgage Loan Rates Slide, New Mortgage Applications Continue to Fall
The Mortgage Bankers Association reported Wednesday morning that applications for new mortgages dropped again last week. Mortgage loan rates eased last week and have continued to do so this week as well.
March Home Prices Continue Racing Higher
The S&P CoreLogic Case-Shiller national house price index for March rose 6.5% year over year and 0.8% month over month to continue its seemingly nonstop rise.
10 Best US Cities to Flip a Home
Home flipping was more popular than ever last year. But if you want to try your hand at it, some cities offer better opportunities than others.
April Existing Home Sales Slide 2.5%
Sales of existing homes in April fell 2.5% month over month while the median price rose 5.3%. Available inventory continues to shrink fueling the rise in prices.
April New Home Sales Slip; Lower-Priced Homes Post Big Gain
The Census Bureau reported Wednesday that new home sales dipped slightly month over month in April but rose nearly 12% year over year. Sales of homes price below $300,000 rose by six points as…
As Mortgage Loan Rates Hit Multiyear Highs, New Mortgage Applications Skid
All types of mortgage loans saw interest rates post multi-year highs last week according to the Mortgage Bankers Association. This week's loan rates have remained high.
Mortgage Rates Hit Highest Level in 7 Years
Mortgage interest rates are currently as high as they have been in seven years, according to Freddie Mac’s latest Primary Mortgage Market Survey.
April Housing Starts Post Modest Year-Over-Year Gain
New housing starts posted a slim year-over-year gain in April, but fell sharply over an upwardly revised March total and missed the consensus estimate.
Mortgage Loan Rates Spike Higher, Applications Continue Slide
Mortgage loans rates made mixed moves last week, but so far this week the direction has been higher. On Tuesday, mortgage loan rates hit a new 52-week high.
Homebuilder Confidence Gathers Steam in May
The National Association of Home Builders (NAHB)/Wells Fargo housing market index (HMI) for May rose two points from the April reading of 68 to 70. The HMI posted an 18-year high of 74 in…