Posts by John Yellig

Pace of annual home-price gains slows in latest Case-Shiller; Phoenix sees 2.9% increase 

The S&P CoreLogic Case-Shiller U.S. National Home Price Index rose 5.8% year-over-year in December, compared to a 7.6% gain in...

NAR: Pending-home sales jump in January 

The 8.1% month-over-month increase in the National Association of REALTORS® Pending Home Sales Index was the largest gain since June...

New-home sales jump 7.2% in January 

The median sales price of a new home declined on both a monthly and yearly basis, however, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.     ...

FHA cuts mortgage insurance premium, touts expected savings for homebuyers 

Mortgage insurance premiums on loans backed by the Federal Housing Administration will drop from 0.85% to 0.55% beginning March...

Mutual of Omaha Mortgage acquires Keller Mortgage 

The former Keller Williams lending unit will operate alongside Mutual of Omaha Mortgage's existing mortgage...

NAR: Existing-home sales post 12th monthly decline in January, as prices rise again 

The 30-year fixed-rate mortgage averaged 6.32% as of Feb. 16, up from 6.12% a week before and 3.92% a year...

Mortgage applications decline after rate increase 

The pace of mortgage applications fell 7.7% in the week ended Feb. 10, the Mortgage Bankers Association...

Builder confidence jumps in February 

Builder confidence rose for the second consecutive month in February with a seven-point increase that brought it to its highest level since last September, the National Association of Home Builders...

NAR Relief Foundation seeks to raise $5 million in 2023 campaign 

The REALTORS® Relief Foundation works to provide housing relief to victims of natural...

MBA: Mortgage applications jump on lower rates 

The 30-year fixed rate fell for the fifth week in a row, giving a lift to lending activity, the Mortgage Bankers Association...

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