New home sales tumble For 3rd Straight Month – Worst Streak In 4 Years. New home sales are up just 0.5% YoY. Purchases rose in two of four U.S. regions, including a 9 percent gain in the biggest region, the South; sales fell 17.6 percent in second-largest region, the West And while existng home sales popped,
Existing-home sales fall to three-year low, miss estimates The Time To Hedge Is Now! New Candidate List For March 2017 – I may miss a portion of the current move higher but I will not. recession hit construction hard as both new and existing home sales plummet and price action in MAS during the last two recession.
Nationally, Existing-Home sales climb 1.1 Percent in March. conventional, fixed-rate mortgage increased for the sixth straight month to 4.44 percent in March (highest since 4.46 percent in December 2013) from 4.33 percent in February. The average commitment rate for all of 2017 was 3.99 percent.
The Commerce Department reported Wednesday that sales of new U.S.single-family homes rose for a third straight month in October. Sales gained 0.7 percent to a seasonally adjusted annual rate of 458,000 units. Compared to October last year, sales were up 1.8 percent. New home sales, which account for about 8 percent of the [.]
GSE rep and warrant relief tools will improve underwriting: Fitch Attend to receive guidance directly from industry leaders including gse, FHA and FBI speakers on loan quality, fraud prevention strategies, vendor management and mortgage analytics. RMQA17 will provide a blend of insightful and actionable educational content, as well as opportunities to expand your professional network and an exhibit area full of vendor solutions.Home prices in 20 U.S. cities cool with smallest gain since 2012 Top Producers in the West reveal a strong dependence on cash-out refis Freddie Mac opens up certificate exchange for uniform MBS to investors Freddie Mac opens up certificate exchange for uniform MBS to investors Investors can now exchange certain existing freddie mac bonds for to-be-announced uniform mortgage-backed securities in preparation for the full launch of UMBS next month.Mortgage rates today, January 14, 2019, plus lock. – Friday: Industrial Production (expected to increase by .3 percent) What causes rates to rise and fall? Mortgage interest rates depend on a great deal on the expectations of investors.Home prices in 20 U.S. cities rose in February at the slowest pace since 2012, decelerating for an 11th straight month, as sellers continue to make properties more affordable to lure buyers. The S&P CoreLogic Case-Shiller index of property values increased 3% from a year earlier, matching analyst projections, after 3.5% in the prior month.
The National Association of Realtors said that existing home sales had weakened for a third straight month in January, declining 1.2% to their slowest pace since November 2015. NAR chief economist
· Canadian home sales fall for a 3rd month; new listings also down: CREA A sign advertises a new home for sale in Carleton Place, Ont., on March 17, 2015. THE CANADIAN PRESS/Sean Kilpatrick
The median sales price has increased just 1.2 percent over the past year to $311,400 in March. New-home sales jumped last month in the Northeast and West, grew modestly in the South and fell in the Midwest. Residential construction firms have added 112,600 workers over the past year, a 4.2 percent increase.
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Existing home sales dipped in February, continuing a three-month-long run of declining sales activity, according to the National Association of Realtors (NAR). Existing Home Sales Decline for.
New home sales fell for a third month in March, as drops in NSW, Victoria and SA more than offset improvements in WA and Queensland, Housing Industry Association figures show.
Sales of new homes unexpectedly rose in March, climbing to a 16-month high to cap the first quarter with a third straight increase that reflects a boost from lower borrowing costs. Single-family home sales rose 4.5% to a 692,000 annualized pace that topped all estimates in Bloomberg’s survey, while February’s figure was revised down somewhat, government data showed Tuesday.
Rising prices narrow home value perception gap in September Homeowner perceptions of value were off in September, 1.14 percent higher than those of appraisers, according to the latest Quicken Loans’ National Home Price Perception Index (HPPI).