Sales of existing homes fell again last week and despite an increase in sales two weeks ago, transactions have fallen nearly eight percent in the last month according to the National Home Sales Snapshot released by DataQuick.
Fixed mortgage rates continued to tumble this week according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending January 30th, 2014.
Applications for home mortgages were lower last week according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 24th, 2014.
The number of homeowners in need of a loan modification continued to dwindle in November according to HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors.
New single-family home sales fell for the second consecutive month according to the latest housing data released by the Census Bureau.