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Homes Get More Affordable On March Jobs Data
Last Friday, in its Non-Farm Payrolls report for the month of March, the Bureau of Labor Statistics announced 120,000 net new jobs created, plus combined revisions in the January and February reports of +4,000 jobs.
Jobs Report Due Friday; Mortgage Rates Expected To Change
If you’re out shopping for a home this week, or trying to lock a mortgage rate, with Friday comes home affordability risk. Consider locking your mortgage rate today.
Fed Minutes Causes Mortgage Rates To Rise Suddenly
The Federal Reserve has released the minutes from its last FOMC meeting. Mortgage rates are rising on the news.
FHA Mortgage Insurance Premiums Increasing April 9, 2012
Planning to use an FHA-backed mortgage for your next home loan? You might want to get your application in gear today.
Mortgage Rates Fall Back Below 4%
After a brief run-up two weeks ago, mortgage rates are back below 4 percent.
Case-Shiller Shows Uneven Recovery For U.S. Housing
Recent data suggests that the U.S. housing market is in recovery, albeit an uneven one.
Pending Home Sales Index Remains Strong Into Spring
The housing market took a step back in February, but remains near post-Recession highs.
New Home Sales Slip In February
Sales of new homes fell to the lowest levels in four months last month.
Building Permits On The Rise
The new construction housing market appears primed for growth.
Existing Home Sales Stay Strong; Spring Season Underway
Despite sparse home inventory, the National Association of REALTORS reports that 4.59 million “existing homes” were sold in February on a seasonally-adjusted, annualized basis.