News

LBM Journal14h
Existing Home Sales Fall in April
Despite the brief retreat in mortgage rates and increased supply, existing home sales dropped to a 7-month low in April, ...
Existing home sales down, marking worst April since 2009
U.S. sales of previously owned homes unexpectedly dropped in April, restrained by ongoing affordability constraints and ...
More sales of U.S. homes were canceled in April. What’s going on?
More than 14% of pending home sales in April were canceled. Buyers continue to be hesitant amid the nation's economic ...
How US Mortgage Rates Change if Trump Takes Fannie Mae, Freddie Mac Public
Experts fear that the move, though it could help the government's budget woes, could disrupt the fragile U.S. mortgage market ...
Mortgage rates climb to highest level in more than three months amid bond market unrest
Mortgage rates are inching back toward 7%, highlighting the ongoing strain on US home buyers. The average rate on a standard, 30-year fixed mortgage was 6.86% in the week ending May 22, the highest ...
New home sales surge in April, blowing past consensus
M/M to 743K vs. 700K consensus and 724K prior, according to data released by the U.S. Census Bureau on Friday.
U.S. New Home Sales Rise in April, Defying Economic Uncertainty
Sales of new homes climbed again in April, the Commerce Department reported Friday, as buyers shrugged off concerns about ...
Home Sales Fell Unexpectedly in April as Prices Inched Higher. Buyers Are Gaining Power.
Previously owned homes were sold in April at a seasonally adjusted annual rate of 4 million, below consensus estimates that ...