Overall, buyers are being drawn into housing by low mortgage rates, affordable homes, and ample supply. If the August Pending Home Sales Index is foreshadowing the fall housing market, home prices appear slated to rise.
Entries from October 2010
Pending Home Sales Data Points To Higher Home Prices This Fall
October 13th, 2010 · Comments Off on Pending Home Sales Data Points To Higher Home Prices This Fall
Tags: Economy · New Jersey · Pending Home Sales · Pennsylvania
Jobs Data Shows Private Sector Growth, Hints At Lower Mortgage Rates
October 12th, 2010 · Comments Off on Jobs Data Shows Private Sector Growth, Hints At Lower Mortgage Rates
According to the government, 95,000 jobs were lost in September. Economists expected a net loss of 5,000. Mortgage rates should improve on the data today.
2011 Conforming Loan Limits : No Change From 2010
October 11th, 2010 · Comments Off on 2011 Conforming Loan Limits : No Change From 2010
In 2011, for the 6th consecutive year, the government is fixing $417,000 as the country’s conforming mortgage loan limit.
Tags: Mortgage Guidelines
Existing Home Sales Rebound In August, Give Hope For Autumn
October 9th, 2010 · Comments Off on Existing Home Sales Rebound In August, Give Hope For Autumn
Sales of existing homes in recovered in August, perhaps the result of a post-tax credit normalization.
Tags: Existing Home Sales