Last month’s sales of previously occupied homes are expected to be down sharply from November after prospective buyers were granted more time to take advantage of a tax credit. » Read more…
Tag Archives: home sales
New-Home Sales At Record Low In Jan.; Bernanke Soothes
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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New-home sales dived to a record low in January but stocks rallied as Federal Reserve chief Ben Bernanke eased concerns that the central bank will take the economy off life support too soon. » Read more…
January home sales data expected to show increase
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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Sales of previously occupied homes are expected to be up slightly for January after a sharp drop in December as demand remained stable despite a stormy winter in much of the country. » Read more…
Home loan demand nudge higher in latest week
Posted by MORTGAGE BLOG NEWS on March 5, 2011
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U.S. mortgage applications nudged up last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday. » Read more…
New-home sales hit a low; durable goods orders up
Posted by MORTGAGE BLOG NEWS on March 4, 2011
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Sales of new homes fell unexpectedly to their lowest point on record in February, in part because stormy winter weather kept buyers away. The results pointed to the housing industry’s struggle to rebound from the worst slump in decades. » Read more…