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24 Oct 2024

🛡️ Home Insurance Essentials: Don’t Be ...

Let’s face it: selecting the right home insurance can sometimes feel like trying to find a needle in a haystack. But it doesn’t have to be! Here’s your ultimate cheat sheet to navigate the world of home insurance ...
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Mortgage News Daily

Highest Existing Home Sales Since March
Just in time for the big jump in interest rates seen after yesterday's Fed announcement, the latest Existing Home Sales data from the National Association of Realtors (NAR) shows sales at the highest seasonally adjusted pace since March. Compared to the same time last year, sales are up 6.1%--the best year over year improvement since […]
Modest Refi Surge Was Fun While it Lasted
Heading into the first part of December, mortgage rates were at their lowest levels in a month and a half. Much of the improvement from the recent highs occurred in a single week (the last week of November). That made for an obvious and logical uptick in refinance applications the following week, according to the […]
Highest Building Permits Since February Despite Slower Housing Starts
The Census Bureau releases its report on New Residential Construction each month which offers 3 key metrics: building permits, housing starts, and housing completions. Of those, the first two are most closely watched. There is typically a solid buffer between permits and starts. After all, housing construction cannot "start" unless it is "permitted." Oftentimes, there's […]
Builder Confidence Remains Low, But Sales Expectations Are Increasing
The National Association of Home Builders (NAHB) and Wells Fargo publish the Housing Market Index (HMI) each month. The industry refers to this as "builder confidence" and December's number came out today. It was right in line with November's, and it suggests builders are increasingly honing in on a relatively gloomy baseline in the bigger […]
Mortgage Applications Surge (Relatively) as Rates Drop (Relatively)
The Mortgage Bankers Association is out with the latest survey of mortgage applications and refinance activity led the charge this week. In fact, purchase activity declined a bit and refis saw their best weekly gains since September. The following chart shows the week over week change in the refi index: At first glance, it would […]

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🛡️ Home Insurance Essentials: Don’t Be ...

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