Wells Fargo, the largest depository mortgage lender in America, issued pink slips to employees in its home lending business on Tuesday following its decision to exit the correspondent channel. “I can’t provide any specifics but […]
The post The Great Slowdown: These Are the U.S. Cities Where Home Sales Are Down the Most appeared first on Weekly Real Estate News.
U.S. existing home sales dropped to the lowest level in more than 12 years in January, but the pace of decline slowed, raising cautious optimism that the housing market slump could be close to reaching […]
Mortgage application volume took a big hit last week. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, plummeted 13.3 percent on a seasonally adjusted basis compared to the […]
Existing home sales started 2023 right where they left off at the end of 2022, dropping for the 12th consecutive month. In January, the seasonally adjusted sales pace for existing homes dropped 0.7% from December […]
Home sales nationwide in January were up 6% from a year ago and are 39% higher than in 2020, according to Zillow’s first monthly market report of 2023. Buyers took advantage of slightly lower mortgage […]
The post Ask These 4 Questions to Save Money on a Home Purchase appeared first on Weekly Real Estate News.
Existing home sales data was released this morning by the National Association of Realtors for the month of January. It was fairly close to forecasts, but nonetheless slid to the lowest levels since 2011 for […]
U.S. existing home sales dropped to a more than 12-year low in January, but the pace of decline slowed, raising cautious optimism that the housing market slump could be close to reaching a bottom. Existing […]
Rapid home-price growth and soaring mortgage rates led to a dramatic downturn in housing demand throughout 2022, leading experts to speculate that the entire US real estate market could implode. While the housing slump is escalating this year, there’s a brighter future […]
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