Pending home sales unexpectedly decline for a second month

Pending home sales unexpectedly decline for a second month

WASHINGTON (Reuters) – Contracts to buy previously owned homes unexpectedly declined for the second straight month in May, mostly due to a shortage of properties for sale. The National Association of Realtors said on Wednesday its pending home sales index fell to a reading of 105.9, down 0.5 percent from the prior month.

WASHINGTON, Oct 29 (Reuters) – Contracts to buy previously owned U.S. homes fell unexpectedly. said on Thursday its Pending Home Sales Index, based on contracts signed last month, dropped 2.3.

 · U.S. pending home sales unexpectedly fall in May. But data last week showed U.S. home sales unexpectedly tumbling for the second straight month in May as an acute shortage of properties on the market pushed house prices to a record high. In May, contracts in the Northeast increased 2.0 per cent and were up 2.9 per cent in the Midwest.

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An index of contract signings to purchase previously owned homes unexpectedly declined for a second month in May, reflecting a persistent shortage of available homes, according to data released Wednesday from the National Association of Realtors in Washington.

People on the move: Aug. 3 Mortgage rates drop for the first time in four weeks Rising rates stifle mortgage application volume PrimeLending adds joint venture with Dallas homebuilder People on the move: oct. 12 timeshare People on the move: october 12, 2013 by gatekeeper Michael Gray has accepted the position of Vice President of Finance and Group Financial Controller for wyndham vacation resorts asia Pacific .Ms. Susie Garza serves as Executive Vice President and Director of Joint Venture Strategy at PrimeLending, Inc. Ms. Garza served as senior vice president of National Branch Operations at.Purchase Volume Continues Higher Despite Rising Rates – The average contract interest rate for 5/1 adjustable rate mortgages (ARMs) increased to 3.88 percent, up 10 basis points from the previous week, while points declined to 0.19 from 0.26. The ARM.Mortgage Rates Drop For The First Time In 4 Weeks – After 4 weeks of rising costs, mortgage rates finally recede. According to Freddie Mac’s weekly Primary Mortgage Market Survey, the average 30-year fixed rate mortgage rate dropped 7 basis points to 3.59% this week.Depending on where you live, however, you may find that your offered mortgage rates varies. · SUBMIT PEOPLE ON THE MOVE items to business@timesshamrock.com or The Times-Tribune, 149 Penn Ave., Scranton, PA 18503.

OPEC on Thursday forecast world demand for its crude will decline. homes in April compared with March, according to the National Association of Realtors’ Pending Home Sales Index. Sales were 2%.

In a report, the National Association of Realtors (NAR) said its pending home sales index decreased by a seasonally adjusted 0.8% last month, compared to expectations for a gain of 0.8%.

Less credit available as lenders cut conforming offerings Freddie’s multifamily rankings show more stability than Fannie’s "They’re more innovative than other multifamily lenders. They have a huge commitment to the multifamily industry." Their absence would open up a gaping vacuum, especially in affordable housing, according to Morgan. "There’s a huge affordability problem, and Fannie and Freddie do a great job of providing [liquidity]," Morgan said. · Fannie Mae and Freddie Mac released conforming loan limits for 2016, by county. A lookup chart by U.S. county, plus analysis and live mortgage rate quotes.

An index of home-contract signings fell for the second month out of four so far in 2019, further evidence that the hoped-for rebound in housing is.

U.S. pending home sales fall unexpectedly in November. health of the housing market because they become sales one to two months later.

Contracts to buy previously owned U.S. homes unexpectedly declined in January as higher. released Monday from the National Association of Realtors in Washington. Pending home sales, which reflect.

Inventory keeps contracting as higher rates deter sellers: Redfin A Home Buyer’s Guide to a Seller’s Market – A shortage of homes for sale is helping to drive the market higher, experts say, along with a gradually improving economy and a growing concern that a period of historically low interest rates. in.

 · October’s monthly reading was unrevised from a 2.6 percent decline versus prior month. Get More. Pending home sales fell in the Midwest and South, which both dropped more than 2.

Foreclosure activity is at the lowest level in over a decade Colonial Savings founder James S. DuBose dies at 93 People on the move: Oct. 12 People on the move in R.I. for the week of Oct. 21 . Friday Oct 19, 2018 at 5:11 PM Oct 19, a network of 12 private medical diagnostic imaging facilities. She is also an adjunct professor of.company that tracks foreclosures, says the dreaded "F-word" will likely set yet another record in 2011. The number of bank repossessions could go up by as much as 20 percent this year, he says, and.

 · U.S. Pending Home Sales Fall Unexpectedly in November More A home for sale that is currently under contract is seen in Silver Spring, Maryland, December 30, 2015.

Americans kept borrowing in first quarter as new mortgages eased PrimeLending adds joint venture with Dallas homebuilder Overuse of GSE tools in the private-label market adds risk: moody’s Asset-Backed Alert :: Article List – Despite a steep drop in the supply of new structured products, industry professionals insist market conditions remain healthy by post-credit-crisis standards.According to Asset-Backed Alert’s ABS Database, $185.8 billion of asset-backed securities, collateralized loan obligations and residential and commercial mortgage bonds priced.Grand Homes, a homebuilder that operates in the Dallas-Ft. Worth metroplex, is getting into the mortgage business with help from PrimeLending. PrimeLending announced Friday that it is entering.

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