Mortgage Apps Up

Mortgage Apps Up The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of mortgage loan application volume, increased 2.7% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 2.3% compared with the previous week. The Refinance Index increased 2.8% from the previous week and is at its… Read More

Existing Home Sales Continue to Improve in April

Market_Snapshot

Existing-Home Sales Continue to Improve in April Existing-home sales rose again in April with buyers motivated by the tax credit, improving consumer confidence and favorable affordability conditions, according to the National Association of Realtors®. Existing-home sales, which are completed transactions that include single-family, town homes, condominiums and co-ops, increased 7.6 percent to a seasonally adjusted… Read More

Existing home sales surge 7.4% in Nov. on federal tax credit (USA Today)

Home resales surged 7.4% in November from October, as the federal tax credit spurred buying, the National Association of Realtors said Tuesday.

Existing Home Sales Up

Existing home sales up As expected, the National Association of Realtors reported that existing-home sales showed another big gain in October, surging 10.1 percent to a seasonally adjusted annual rate of 6.10 million units in October from a downwardly revised pace of 5.54 million in September, and 23.5 percent above the 4.94 million-unit level in… Read More