New-home sales climb for a third straight month in March

Existing-home sales climb 1.1 Percent in March News provided by. National Association of Realtors. fixed-rate mortgage increased for the sixth straight month to 4.44 percent in March.

Sales of new homes unexpectedly rose in March, climbing to a 16-month high to cap the first quarter with a third straight increase that reflects a boost from lower borrowing costs. Single-family home sales rose 4.5% to a 692,000 annualized pace that topped all estimates in Bloomberg’s survey, while February’s figure was revised down somewhat, government data showed Tuesday.

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WASHINGTON (AP) – Americans stepped back from buying new homes in March, the third straight monthly decline as sales plunged sharply in the Western states. New-home sales slipped 1.5 percent last month to a seasonally adjusted annual rate of 511,000, the Commerce Department said Monday.

Unsold inventory is at a 3.6-month supply at the current sales pace (3.8 months a year ago). According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage increased for the sixth straight month to 4.44 percent in March (highest since 4.46 percent in December 2013) from 4.33 percent in February.

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Market Insights U.S. new-home sales climb for a third straight month in March Purchases of new homes climbed in three of four regions, led by a 17.6% jump in the Midwest.

Nationally, Existing-Home Sales Climb 1.1 Percent in March. conventional, fixed-rate mortgage increased for the sixth straight month to 4.44 percent in March (highest since 4.46 percent in December 2013) from 4.33 percent in February. The average commitment rate for all of 2017 was 3.99 percent.

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 · New home sales are on the rise in 2019. WASHINGTON (AP) – Sales of new U.S. homes increased 4.5% in March, the third straight monthly.

Walter’s bankruptcy won’t affect Ditech’s servicing ability Former exec from HUD’s ginnie mae program joins Ainsworth Advisors Before joining the FHFA, Marzol served for two years as Senior Advisor for Housing to hud secretary dr. ben Carson, where he advised on Federal Housing Administration and Ginnie Mae programs, as.Mortgage rates rise for second consecutive week Freddie teams with Kentucky lenders to finance manufactured homes Freddie Mac and Next Step are actively seeking new lenders interested in making real property loans for energy-efficient manufactured homes. The following lenders are already participating in Next.Mortgage rates for 30-year fixed mortgages rose again this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.25 percent, up from 4.14 percent. Mortgage rates for 30-year fixed mortgages rose again this week, with the current rate borrowers were quoted on.FHFA launches resources for lenders serving Spanish-speaking borrowers Guaranteed Rate ramps up hiring with expanded training program The reason is training. The program, called Project One Team. Without knowing the extent of the employee ramp-up, it is difficult for those who cover the company to forecast its performance. cintas.public interest groups applaud fhfa move to Expand Resources for LEP Borrowers. WASHINGTON, D.C.-. Both resources will help more spanish-speaking borrowers access homeownership opportunities, and better understand the homebuying process.. "We are pleased with the launch of FHFA’s.Walter Energy Inc.’s bankruptcy filing on Wednesday could result in its senior lenders gaining a substantial stake in the company, but it could also result in a potential sale of the Hoover-based.Warren, Tillis look to enforce GSE salary caps

Sales of new homes in the united states jumped to a 16-month high in March, marking the third straight monthly increase.

US new-home sales slump for 4th straight month.. the highest level since March 2011 when the real estate bust caused by subprime mortgages was still weighing on the economy.. New-home sales.

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On the inventory side, the total inventory/sales ratio rose to 1.39 in March, reversing the decline. are beginning to.

WASHINGTON – Americans stepped back from buying new homes in March, the third straight monthly decline as sales plunged sharply in the Western states. New-home sales slipped 1.5 percent last.