What’s Ahead For Mortgage Rates This Week : October 29, 2012
Pricing for both conforming and FHA mortgage rates improved between Monday and Friday, with the majority of gains occurring late in the week.
New Home Supply Remains Firmly In “Seller’s Market” Territory
According to the U.S. Census Bureau, the number of new homes sold jumped to 389,000 units in September 2012 on a seasonally-adjusted, annualized basis.
New Home Supply Remains Firmly In “Seller’s Market” Territory
According to the U.S. Census Bureau, the number of new homes sold slipped 0.3 percent in August 2012 to a seasonally-adjusted, annualized 373,000 units sold.
New Home Sales Reach Multi-Year High
As reported by the U.S. Department of Commerce, 372,000 new homes were sold in July on a seasonally-adjusted, annualized basis.
New Home Sales Slow After Fast Start To 2012
Sales of new homes slipped 8 percent in June.
New Home Sales Rise To 2-Year High
As reported by the Census Bureau, 369,000 new homes were sold last month on a seasonally-adjusted, annualized basis.
New Home Sales Rise For 7th Month Out Of 8
The April New Home Sales report suggests that the market for newly-built homes is as strong as the market for existing ones.
New Home Sales Revised Higher In February; Slip 7% In March
Sales of new homes ticked lower in March, unexpectedly.
New Home Sales Slip In February
Sales of new homes fell to the lowest levels in four months last month.
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.