Monthly Archives: February 2012

Pending Home Sales Rise To 22-Month High

The Pending Home Sales Index resumed its climb in January, posting a 2 percent gain over the month prior. Continue reading

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New Home Supply Falls To 5.6 Months

321,000 new homes were sold last month on a seasonally-adjusted, annualized basis. 7 of 10 new homes sold for less than $300,000. Continue reading

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What’s Ahead For Mortgage Rates This Week : February 27, 2012

Mortgage markets improved in a holiday-shortened week last week, drawing mortgage rates lower nationwide. Continue reading

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Federal Reserve Wary Of European Spillover

The Federal Reserve has released the minutes from its 2-day meeting January 24-25, 2012. Continue reading

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Existing Home Sales Climb To A 20-Month Record

January’s home resales moved to a 20-month high — additional evidence that the nation’s housing recovery is underway. Continue reading

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Foreclosure Filings Down 19 Percent In One Year

Foreclosure filings fell 19 percent last month versus one year ago, says foreclosure-tracking firm RealtyTrac. It’s yet one more signal that the U.S. housing market may have already climbed off its bottom. Continue reading

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What’s Ahead For Mortgage Rates This Week : February 21, 2012

Mortgage markets worsened last week as the Eurozone moved closer to a bailout agreement with Greece, and the U.S. economy displayed more signs of growth. Mortgage rates climbed. Continue reading

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What’s Ahead For Mortgage Rates This Week : February 21, 2012

Mortgage markets worsened last week as the Eurozone moved closer to a bailout agreement with Greece, and the U.S. economy displayed more signs of growth. Mortgage rates climbed. Continue reading

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Housing Starts Stay Strong; Building Permits Rise.

The 2012 housing market started like 2011 ended — strong. Continue reading

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Homebuilder Confidence Returns To Pre-Recession Levels

For the sixth straight month, the National Association of Homebuilders reports that homebuilder confidence is on the rise. The Housing Market Index climbed four points to 29 in February, the index’s highest reading since May 2007. Continue reading

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