The post Housing market on the rise? Why pending contracts for home sales have industry buzzing. appeared first on Weekly Real Estate News.
Housing market on the rise? Why pending contracts for home sales have industry buzzing.
Daily Real-estate News
Pending Home Sales Tumble as More Buyers Get Priced Out
Pending home sales fell in June as surging mortgage rates and record-high home prices are making home buyers more cautious in moving forward. The median existing-home price hit an all-time high in June ($416,000). Homes […]
Loan Markets
Average Home Buyer’s Monthly Payment Shot Up 39%—The Biggest Annual Gain On Record
The typical home buyer’s monthly mortgage payment rose 39%, the largest year-over-year gain on record as the average 30-year-fixed rate hovered at a 12-year high of 5.1%. That’s according to a new report from Redfin, a technology-powered […]
Economy
US dollar edges up as market looks to inflation data
(Reuters) – The Dollar edged higher against a basket of its peers on Monday, shaking off earlier weakness as traders moved past an unsurprising loans survey toward other economic data that could provide fresh clues […]