Sales of existing homes fell by over fourteen thousand transactions last week according to the National Home Sales Snapshot released by DataQuick while home prices held steady for another week
Interest rates for home mortgages reversed course from last week and increased this week according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending December 19th, 2013.
The market index that measures mortgage application volume fell to its lowest level in over twelve years according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 13th, 2013.
The number of loan modifications completed by Fannie Mae increased by over eleven percent in October according to the agency’s Monthly Summary report for October 2013 while single-family delinquency rates hit a five year low.
Existing home sales saw their first rise in three months last week according to the National Home Sales Snapshot released by DataQuick while home prices held steady from the previous week