Home sales have been rising in recent months, and a big reason for the increase is low mortgage rates. All regions around the country have seen a rise in the number of sales, according to … [Read more...]
Mortgage Rates Decline While the Home Sales Outlook is at 1-Year Highs
What could be better for homebuyers and sellers than low mortgage rates in a strengthening housing market? That's the scenario we could experience over the next several months. Low Mortgage … [Read more...]
National Association of REALTORS Existing Home Sales Exceed Projections
According to the National Association of REALTORS®, existing home sales surpassed both May sales and expectations for June. Sales of previously owned homes increased by 2.60 percent in June and … [Read more...]
Mortgage Rates Rise, And Drag Down U.S. Home Sales
Mortgage rates rose and were responsible for slowing U.S. home sales, The Wall Street Journal reports. The pronounced slowdown in U.S. home sales in the second half of 2013 was primarily caused by a … [Read more...]
U.S. Home Prices Rose at a Slightly Slower Pace, Restraining Price Gains
"U.S. home prices rose at a slightly slower pace in the 12 months that ended in March, a sign that weak sales have begun to restrain the housing market's sharp price gains, " an Associated Press in … [Read more...]
