US New home sales rise Despite Higher Mortgage Rates Some buyers may be looking to lock-in their purchases out of concern that mortgage rates will rise, possibly hurting affordability
Relative sea levels in South Florida are roughly four inches higher now than in 1992. The National Oceanic and Atmospheric Administration predicts sea levels will rise as much as three. He.
This week housing’s biggest story was a big rise in pending home sales. In addition we’ll cover rising interest rates and mortgage purchase applications. Standard & Poor’s also reports on the broad-based home prices and we’ll finish up with final thoughts and a look forward. Pending Home Sales: A Big RISE Coming
(REAL ESTATE NEWS) As home sales have a second. Existing home sales rise 3.2 percent, new home construction remains inadequate. large and small communities throughout the U.S. "Making.
Florida Man Faces 30 Years For Lying On Washington Mutual Mortgage Application 2004 mortgage professional Bill Trudelle approached Florida attorney charlie christ at a Florida mortgage broker meeting revealing his knowledge of several high ranking FAMB officials and.
Cash-rich investors, home flippers and foreign buyers are snapping up properties before locals can get a foot in the door. The high prices threaten South Florida’s efforts to entice new. on real.
In 2017, sales are forecast to grow roughly 2% to around 5.52 million. The national median existing-home price is expected to rise to around 5% this year and 4% in 2017. By the end of next year, mortgage rates are expected to reach around 4.6%, and the Federal Reserve is expected to raise the Fed funds rate a few more times to 1.25%.
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real-estate. sandbagged New Jersey’s housing market and economy compared with other states. The effects of the recovery were lingering here even before the storm hit. Nationally, the Garden State.
Housing Sales slumped 8.5% from one year ago, the lowest sales since 2015. Prices still rose another 2.8% to a median of $247,500 nationwide. The real story was the drop in lower priced homes as depicted in this graphic from NAR. With low mortgage rates, it’s believed sales will once again grow. 60,000 more homes were on the market.
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