FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google

Items Tagged with 'Existing home sales'


Despite decrease, existing-home sales maintain healthy pace

NAR: “Cooldown in October was likely given”
Although total existing-home sales decreased 3.4% to a seasonally adjusted annual rate of 5.36 million in October, Lawrence Yun, NAR chief economist, said a sales cooldown in October was likely given the pullback in contract signings the last couple of months.
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Home sales beat expectations in September

September marks 12 months of consecutive annual sales gains
Existing-home sales bounced back very strongly in September, up 4.7% to nearly reverse the prior month's revised decline of 5%, a drop that now looks like an outlier on a steadily rising slope.
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Auction.com: Existing home sales projected to hit 5.4M

Tries to recoup losses experienced in August
Auction.com predicts existing home sales for September will fall between 5.23 and 5.57 million annual sales. While the modest growth predicted for September will not be enough to completely recoup all of the losses experienced in August, the report predicts that sales will move back in the right direction.
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New home sales climb 5.7% in August

NE region boasts 24.1% gain; overall highest since 2008
Sales of new single-family houses in August 2015 were at a seasonally adjusted annual rate of 552,000. The Northeast region had the biggest gain, pulling up a declining Midwest region performance.
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Existing home sales stall in August

Price growth slowdown doesn’t boost
Existing home sales dropped in August despite slowing price growth and a positive turnaround in the share of sales to first–time buyers. They say it's a seasonal slowdown but these numbers are seasonally adjusted. Trouble ahead?
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Existing home sales rise for third month in a row

But low inventories, high new home rices push out first-time buyers
Existing home sales steadily increased for the third consecutive month in July, while stubbornly low inventory levels and rising prices are likely to blame for sales to first-time buyers falling to their lowest share since January.
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