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What’s Ahead For Mortgage Rates This Week – April 28, 2014

Last week’s economic news supported recent reports that home sales were fewer and home prices increased, but did so at a slower pace. Continue reading

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Existing Home Sales Numbers Show Value Gains Across America

The National Association of REALTORS® released its Existing Home Sales report for March on Monday.

Sales dipped from February’s seasonally adjusted annual rate of 4.95 million to 4.92 million existing homes sold in March, a decrease of 0.6 percent month-to-month. Continue reading

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Pending Home Sales Post 20th Consecutive Month Of Annual Gains

The annual rate at which contracts for a home purchase were drawn increased 6.9 percent from one year ago. Continue reading

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Homes For Sale At Lowest Point In 11 Years

Home sales dropped last month, but not because demand was lacking. There are fewer homes for sale than at any time in the last 11 years. Continue reading

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Pending Home Sales Index Cruises To Multi-Year High

In November, for the second straight month, the Pending Home Sales Index eclipsed its benchmark reading of 100, posting a value of 106.4. Continue reading

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Pending Home Sales Index Leaps To Multi-Year High

According the National Association of REALTORS® (NAR), the Pending Home Sales Index rose 5.2 percent in October, crossing the benchmark 100 reading, and moving to 104.8. Continue reading

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Existing Home Sales Move Higher In October

After a small decline in September, Existing Home Sales rebounded in October, increasing a modest 2.1%. Continue reading

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Pending Home Sales Index Suggests Housing Momentum Into 2013

In September, for the fifth straight month, the Pending Home Sales Index hovered near its benchmark value of 100, registering 99.5. Continue reading

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Existing Home Supplies Drop To Multi-Year Low

The National Association of REALTORS® reports Existing Home Sales at 4.75 million units in September 2012 on a seasonally-adjusted, annualized basis, an 11 percent increase from one year ago. Continue reading

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Pending Home Sales Index Continues To Show Strength

According to the real estate trade association, the Pending Home Sales Index read 99.2 for August — the fourth straight month in which the index hovered near its benchmark value of 100. Continue reading

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