Real Estate

PRMI expands Florida footprint with new branch opening

Insurer set to open new Miami office
Primary Residential Mortgage Inc. expanded its territory in Florida with its newest branch opening in Miami. The new location is complete with a new team of mortgage insurance professionals, including its new branch manager who brings 31 years of experience with her.
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Mortgage experts agree: There is no housing bubble

Slow and steady wins the race
With or without President Donald Trump, the housing market must go on. So as the world continues to tune in to Trump, HousingWire took a break to zero in on what we know best: housing. Three experts joined HousingWire on a webinar on Wednesday to discuss what’s next for housing and the mortgage nation.
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HUD Secretary Carson visits Columbus, Ohio

Marks fourth stop on national listening tour
HUD Secretary Ben Carson is embarking on the latest stop for his national listening tour – Columbus, Ohio. Carson will spend Wednesday, Thursday and Friday listening to various organizations from the community. Here’s more on the secretary’s tour, and his schedule this week.
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Consumer confidence slips lower in April

Americans less optimistic about the future
Consumer confidence slipped in April as Americans waivered in their future expectations. The Conference Board by Nielsen explains less consumers are saying business conditions are good and more expected the number of jobs on the market to drop in the coming months.
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New home sales soar above market expectations

Increased over 15% from last year
New home sales surged in March with double digit increases from last year and even significant progress from February. The numbers beat the market’s expectations, and one expert points out the spring home-buying season is already off to a busy start.
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FHFA: Home prices jump 6.4% annually in February

One region sees home prices decrease
Home prices increased in February, as several reports already showed. The latest report, put out by the Federal Housing Finance Agency, uses home sales price information from mortgages sold to, or guaranteed by the GSEs, and therefore excludes cash sales and jumbo loans.
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