Mortgage and Real Estate Insight

Breaking a four month string of declines, new home sales jumped 26.9% in March for the best improvement in a single month in forty-seven years. Sales were up in every region of the U.S. but were particularly strong in the South where sales of new homes increased by 43.5%. The report on new home s...

Breaking a four month string of declines, new home sales jumped 26.9% in March for the best improvement in a single month in forty-seven years. Sales were up in every region of the U.S. but were particularly strong in the South where sales of new homes increased by 43.5%. The report on new home s...

As the deadline looms for first-time homebuyers to qualify for the $8,000 Federal tax credit, lenders nationwide are fearful of a decline in loan originations as a result after a surge in recent months. Buyers must be under contract no later than April 30th and must close on or before June 30th t...