First Time Home Buyers
Currently viewing the tag: "Existing Home Sales"
Should the market develop any conviction, it is certainly more likely that mortgage rates would jump significantly rather than go down substantially. In handicapping these rates, there is just so much risk of interest rates moving higher and yet not much room for them to move lower.
Continue Reading →For at least the next month or two, the single-driving factor to mortgage rates is whether things are absolutely worst-case or anything better. If the economy, housing, and everything else falls apart, mortgage rates are priced for that and will remain steady. An iota of recovery could mean many iotas of rate increases.
Continue Reading →Interest rates had an interesting week last week.
They were absolutely crushed by almost 0.25% on Friday, yet mortgage rates improved on the week and traced all-time lows on Thursday afternoon.
Continue Reading →Yesterday’s news was from the National Association of Realtors and was the weakest Existing Home Sales report in 15 years. Today’s story is a similar release from the U.S. Census Bureau regarding the New Home Sales report.
Continue Reading →Home buyers today have timed it right.
Yesterday’s post addressed the fact that home loan approvals are getting easier. (Full Article: Home Loan Approvals Getting Easier ) Mortgage rates are at their lowest levels in history. Home prices, while recovering, still sit well below their April 2007 highs.
Continue Reading →The Existing Home Sales report shows a slight drop in May. It was the first drop after a three-month run up, but it is still the the second highest figure since November 2009.
Continue Reading →FHA and conforming rates both saw lower rates causing a surge in refinancing activity. For a brief moment on Thursday, mortgage bond prices reached their best levels of the year.
Continue Reading →At the current sales pace, the nation’s complete supply of new homes would be sold in just 5 month’s time. With mortgage rates exceptionally low, this could be the best time to buy.
Continue Reading →April revealed another good month of home sales, in part fueled by the first time home buyer tax credit expiration and continued low, low mortgage rates.
Continue Reading →Mortgage rates improved yet again last week on continued bad news out of Greece, now to the point where it is impacting the entire Eurozone.
Continue Reading →Categories
- 30 Year vs. 15 Year
- 30 Year vs. 5/1 ARM
- Adjustable Rate Mortgages
- Budgeting
- Case-Shiller Index
- Consumer Confidence
- Credit 101
- Credit Disputes
- Credit Optimization
- Credit Scoring
- Daily Mortgage Updates
- Existing Home Sales
- FHA Mortgages
- First Time Home Buyer Mortgage
- First Time Home Buyer Programs
- First Time Home Buyer Tax Credit
- First Time Homebuyer Loans
- FOMC
- FOMC Minutes
- Foreclosures
- Home How To
- Home Improvement
- Home Price Index
- Home Values
- Homebuilders
- Homebuyer Tax Credit
- Household Finances
- Housing Starts
- Jobs
- Mortgage 101
- Mortgage Glossary
- Mortgage Guidelines
- Mortgage News
- Mortgage Programs
- Mortgage Rates
- New Home Sales
- Pending Home Sales
- Rankings
- Real Estate Definitions
- Retail Sales
- Statistics
- Tax Tips
- Today's Mortgage Rates
- Uncategorized
- Wall Street
- Weekly Review
State Programs
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York City
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Puerto Rico
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virgin Islands
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming