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News

2 December 2019

Freddie Mac: What To Expect From The Housing Market In 2020 And Beyond

HousingWire Mortgage rates should stay low, leading to another big year for refis. Just over a year ago, mortgage rates nearly hit 5%, levels that hadn’t been seen since the early part of this decade. But as we get ready to move into a new decade, mortgage rates are more than a full percentage point lower than that, […]

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1 December 2019

Buyers Are Looking For Your Home

KCM

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1 December 2019

U.S. Economy Unexpectedly Picks Up Speed ~ GDP Growth Revised Upward To 2.1% Pace.

HousingWire GDP growth revised upward to 2.1% pace. The U.S. economy grew at a 2.1% annualized pace in the third quarter, picking up speed from the second quarter’s 2% rate and surprising economists, who expected the Commerce Department’s second estimate to be unchanged at 1.9% on Wednesday. The upward revision was based on stronger readings for private […]

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30 November 2019

Pending Home Sales Decline 1.7% in October

National Association of Realtors Pending home sales retreated in October, taking a slight step back after two prior months of increases, according to the National Association of Realtors®. The Northeast experienced a minor uptick last month, but the other three major U.S. regions reported declines in month-over-month contract activity. However, pending home sales were up […]

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30 November 2019

Home Price Gains Reversed Trend And Accelerated In September

Inman News Home prices rose 3.2% year-over-year after rising 3.1% year-over-year in August, according to S&P CoreLogic Case-Shiller US National Home Price NSA Index. Home prices rose 3.2 percent year-over-year in September after rising 3.1 percent year-over-year in August, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index. The increasing annual price gain […]

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29 November 2019

U.S. New-Home Sales Fall In October, But 2019 Still Looks Good

HousingWire Sales of new homes rose in October to an annualized rate of 733,000. Sales of new homes fell in October to an annualized rate of 733,000, according to the Census Bureau and the Department of Housing and Urban Development, but it still looks like 2019 is going to a vast improvement over 2018. According to the Census […]

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29 November 2019

Capital Economics: Low Mortgage Rates Aren’t A 2019 Anomaly

HousingWire Economists expect rates to stay close to current level over next few years. As 2019 nears its close, experts across the housing industry are doing what they do at this time every year: Looking ahead. Looking back at this time last year, however, many economic predictions missed the bullseye, and some missed the target […]

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28 November 2019

Case-Shiller: U.S. Home Prices Rise 3.2% In September

HousingWire Phoenix holds the top spot for the fourth consecutive month. September 2019 saw an annual increase of 3.2% for home prices nationwide, crawling forward from last month’s pace, according to the Case-Shiller Home Price Index from S&P Dow Jones Indices and CoreLogic. September’s report for the U.S. housing market is reassuring, said Craig Lazzara, managing director and global head of index investment […]

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28 November 2019

FHFA: Home Price Growth Strengthens In Third Quarter

HousingWire Home prices climb by 4.9% in Q3 from a year earlier. Home prices climbed by 4.9% in the third quarter from a year earlier, marking the 33rd consecutive quarter of increases, the Federal Housing Finance Agency said in a report. Nationally, home prices in all 50 states and Washington, D.C. increased since the third quarter of last year. […]

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27 November 2019

Fannie Mae, Freddie Mac Loan Limit Increases To More Than $510,000

Housing Wire Conforming loan limit has now increased by nearly $100,000 since 2016. The Federal Housing Finance Agency announced Tuesday that it is raising the conforming loan limits for Fannie Mae and Freddie Mac to more than $510,000. In most of the U.S., the 2020 maximum conforming loan limit will be raised to $510,400, up from 2019’s level to $484,350. This marks the […]

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