Market Report - January 2025
MARKET NEWS – With the current inflation news, the Fed is unlikely to cut interest rates anytime soon. Here's what that means for mortgage rates. The mortgage market was calmer than usual in recent weeks, with rates holding steady just below 7% since late January. But prospective homeb
Market Report - March 2024
U.S. existing-home sales improved for the second month in a row, jumping 9.5% to a seasonally adjusted annual rate of 4.38 million units, exceeding economists’ expectations and marking the largest monthly gain in a year, according to the National Association of REALTORS®(NAR). The rebound in home sa
Market Report - February 2024
U.S. existing-home sales grew 3.1% month-over-month to a seasonally adjusted annual rate of 4.00 million, exceeding economists’ expectations and marking the strongest sales pace since August 2023, according to the National Association of REALTORS® (NAR). Falling interest rates late last year, coup
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