On the year, sales surged 33.9 percent.
Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.79 percent.
Sales of new single-family houses dipped slightly in October but is still 41.5% above October 2019’s estimate of 706,000
remodelers (77 percent) report a framing lumber shortage, with 25 percent reporting a serious shortage and 52 percent reporting some…
The 30-year fixed-rate mortgage (FRM) averaged 2.80 percent, the lowest rate in our survey’s history which dates back to 1971.
A foreclosure moratorium has inflated the housing market
UWM's new 15-year fixed-rate mortgages come with rates as low as 1.875%.
Overall, sales fell year-over-year, down 26.6% from a year ago (5.33 million in May 2019).
About 80 percent of its retail tenants did not pay rent in April and May
the report shows a significant downturn, with a seasonally adjusted annual sales rate of 627,000 homes
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