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The Real Deal Magazine

US home sales remain strong, but lack of supply has slowed its roll
The Real Deal Magazine
The nation's housing market stayed strong last month, with the only thing holding back sales being a lack of supply, according to a report by the National Association of Realtors. The market for homes above $750,000 was especially strong, with sales up ...
Mortgage rates edge up even as trade war worries loom ahead ...MarketWatch
Average 30-year mortgage rates rose to 4.45 percentWashington Post
Mortgage rates inch back upChicago Tribune

all 14 news articles »

National Mortgage News

New-home sales cool for third month as prices surge
National Mortgage News
Sales of new homes fell for a third straight month and the supply swelled to the highest since 2009, suggesting that surging prices are increasingly deterring buyers, according to government data released Friday. Single-family home sales fell 0.6 ...

and more »


New home sales fall for third straight month in February
Sales decreased 3.7 percent in the Midwest and 17.6 percent in the West, which has experienced rapid price growth amid a shortage of homes for sale. They rebounded 19.4 percent in the Northeast and 9.0 percent in the South, which accounts for the bulk ...

and more »

Idaho Business Review

Mike Kirby joins First Interstate Bank as mortgage sales manager
Idaho Business Review
mike-kirby-copy Mike Kirby has joined First Interstate Bank as mortgage sales manager for the southern Idaho region. Kirby has 20 years of experience in the industry. He also participates in local nonprofit efforts such as the Leukemia and Lymphoma ...


Turkish house sales slide as mortgage lending slumps
Sales of housing in Turkey slid in February, led by a slump in mortgage lending as interest rates rose, according to data provided by the Turkish Statistical Insitute (TUIK). Sales fell 5.4 percent from a year ago to 95,953 units. The number of houses ...


Rising mortgage rates hit new home sales hard, a bad sign for builders
Higher mortgage rates, combined with the loss of homeowner tax breaks in some of the nation's most expensive markets, are taking away buying power.
Mortgage Rates Continue to Rise - Market Update - ZING Blog by ...Zing! Blog by Quicken Loans (blog)
Mortgage rates today, February 26, plus lock recommendations ...The Mortgage Reports (blog)

all 3 news articles »

National Mortgage News

Existing home sales rebound even as inventory remains tight
National Mortgage News
Sales of previously owned homes rose more than expected in the first gain in three months, indicating that job gains and tax cuts are supporting demand despite low supply, National Association of Realtors data showed Wednesday. Contract closings ...
US Existing Home Sales Rose Robustly in FebruaryWall Street Journal
US existing-home sales climbed 3% in FebruaryUSA TODAY
U.S. home sales surge, but supply remains a headache - ReutersReuters
all 39 news articles »


Homebuyers are not bothered by higher rates or taxes, but sellers are
Home sales jumped in February, showing buyers may not be as concerned about interest rates and taxes as previously thought.

and more »


Portland-area home sales jump in February amid mortgage rate spike
Home sales took off in the Portland area last month, perhaps as buyers tried to get ahead of rising mortgage rates. But signs point to another summer slog for buyers, with few options on the market and prices continuing to climb. Bidding wars remain ...


US new-home sales dipped in February, but demand is solid
But year to date, sales are up 2.2 percent compared with 2017 in a sign that buyer demand remains solid. The Commerce Department said Friday that last month's sales came in at a seasonally adjusted annual rate of 618,000, down from 622,000 in January ...
US New Home Sales Cooled in FebruaryWall Street Journal

all 23 news articles »
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