Home builder confidence held firm this month, according to the National Association of Home Builders’ monthly Housing Market Index. September’s reading of 13 equaled a 17-month [...]
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Home values “crept forward” in July. But not that it matters — the Case-Shiller Index is a better tool for economists than it is for homeowners. There’s 3 reasons [...] The August New Home Sales was weaker-than-expected, but both Wall Street investors and Main Street economists are shrugging it off. The numbers were foreshadowed by weakening housing figures from earlier this [...] The August New Home Sales was weaker-than-expected, but both Wall Street investors and Main Street economists are shrugging it off. The numbers were foreshadowed by weakening housing figures from earlier this [...] In back-and-forth trading last week, conforming mortgage rates bottomed out Wednesday before rising through Friday’s afternoon close. This week should be even more [...] Sales of existing homes in recovered in August, perhaps the result of a post-tax credit [...] The number of single-family Housing Starts rebounded in August, climbing 4 percent from July’s 14-month [...] Today, in its 7th meeting of the year, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. [...] If you’re actively shopping for a mortgage, it may be prudent to lock your rate ahead of the Fed’s announcement [...] Mortgage markets were highly volatile, yet relatively unchanged last week in back-and-forth trading on Wall [...] |
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