A separate report this week showed new-home groundbreakings fell in February by the most in eight months, while other data indicate existing home sales rebounded last month to the best pace in almost a year.
1 day ago. New home sales declined, but pending home sales are up.. VA Thought of the Week: Interest Rate reduction refinance loan transactions.. As more and more retirees plan to age in place rather than downsizing or. Coming up this week in housing news, the February construction spending report.
Refinance applications rise as rates fall to a seven-month low Mortgage rates fell once more in the week ending 13 th December, with 30-year fixed falling by 0.12 percentage points to a 3-month low. s 6% rise, with the share of refinance mortgages increasing.
With home price growth at the slowest rate since 2012, rates falling, and existing home sales having rebounded notably, pending home sales are expected to slow very modestly in February after rebounding in January, but they fell more than expected.. pending home Sales fell 1.0% MoM (against expectations of a 0.5% decline)
New-Home Sales Rise 4.9% in February. Posted on. Gain is larger than most analysts expected. More. Tags: Sales · Pending Home Sales Slip a Bit. Posted on .
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U.S. Pending Home Sales Fell by More Than Expected in February March 28, 2019 March 28, 2019 The data add to a mixed picture of the U.S. housing market; increased demand for homes in coming months.
Pending. homes are more affordable,” Yun said. The PHSI in the Northeast declined 1.8% to 88.9 in April and is now 2.1% below a year ago. In the Midwest, the index grew 1.3% to 96.8 in April, 2.4%.
Housing market remains sluggish in Canada despite March rebound Activity in the housing market continued to be depressed by the substantial. real GDP in Japan rebounded in the third quarter from the effects of the earthquake in March, and real GDP recovered in.
Pending sales are based on signed contracts that have not yet closed, so they are a gauge of future sales. SEE ALSO: existing home sales ease in February from a 10-year high More: Pending Home Sales
U.S. Pending Home Sales Fell by More Than Expected in February Reade Pickert , Bloomberg News A potential home buyer is reflected in a mirror during an open house in Columbus, Ohio, U.S., on Sunday, Dec. 3, 2017.
People on the move: March 17 HomeStreet scales down mortgage originations, takes 1Q profit loss Why False Claims Act enforcement is still vexing under Trump Housing starts cooled in February after robust January Why False Claims Act enforcement is still vexing under Trump national mortgage news – The year opened with hopes that regulatory and enforcement pressures would abate for the mortgage industry. The reality has turned out quite differently.Trending. Meet the real estate tech founder: Atticus LeBlanc from PadSplit; 5 Things To Check Before Buying Land – Chris john – Medium; How I would live if money were not an issue – Alex R Carver – MediumPeople on the Move: January/February Here’s a list of the movers and the shakers in the privacy profession within the last month or so. Have a move or a shake of your own you’d like mentioned?Consumers expecting lower mortgage rates less optimistic about buying SIFMA approves changes to allow forward delivery of loans for UMBS Change Is Coming to the TBA Market on February 6, 2018. Forward trading will begin well ahead of the go-live date.. want to work with all market participants to develop a Single Security that preserves tba eligibility and aligns with SIFMA’s good delivery guidelines," Sorkin says.Consumers expecting lower mortgage rates less optimistic about buying a house. consumer expectations of further mortgage rate drops leaves them seemingly in no rush to enter the purchase market which could.
April’s pending home sales had been expected to build on the gains posted. Pending home sales in the South fell 2.5% to an index of 124.0 which is 1.8% lower than last April. The 93.5 index reading.