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'Reality finally caught up' with the most important part of the US housing market

'reality finally caught up' with the most important part of the us housing market
Existing home sales in the US booked a weaker-than-expected December but saw their strongest year since 2006. Sales decreased by 2.8% at a seasonally adjusted annual rate of 5.49 million in..
Business Insider

Existing Home Sales Fell 2.8% in December

U.S. existing-home sales fell in December, suggesting that limited inventories, climbing prices and higher mortgage rates will hold back the market in 2017.
Wall Street Journal

Videos for "Mortgage Rates"

News video: PA Live: RENT OR BUY? - January 16, 2017

PA Live: RENT OR BUY? - January 16, 2017

IS IT BETTER TO RENT OR BUY A HOME? WITH RISING MORTGAGE RATES AND DECLINING HOME INVENTORY PEOPLE INTERESTED IN BUYING THEIR FIRST HOME ARE FINDING THAT QUESTION HARDER THAN EVER TO ANSWER.
Source: WBRE -

News video: Champaign County Housing Market

Champaign County Housing Market

We're joined with Jim Waller from the Champaign County Association of Realators to talk about some of the housing trends for 2017.
Source: WCIA -

News video: NewsSource 8 The Morning Edition 01.13.17

NewsSource 8 The Morning Edition 01.13.17

NewsSource 8 The Morning Edition 01.13.17
Source: WAGM -

News video: Housing and Car Trends in the New Year

Housing and Car Trends in the New Year

Housing and Car Trends in the New Year
Source: KNWA -

News video: Money Monitor: Conquering debt in the new year

Money Monitor: Conquering debt in the new year 02:01

Some Canadians may be looking to tackle their debt in the new year after spending big over the holidays. Jamie Golombek of CIBC Wealth Advisory Services offers tips on where your debt management..
Source: Canadian Press - Affiliate -

 

December Existing Home Sales Plunge Most Since 2009, NAR Blames Rate "Surge" & Record Low Inventory

december existing home sales plunge most since 2009, nar blames rate surge & record low inventory
With spiking mortgage rates, and tumbling mortgage applications, it is hardly surprising that existing home sales tumbled in December but the 2.8% plunge is the biggest since July and is the worst..
Zero Hedge

Rising Mortgage Rates Dampen Market Potential in December, According to First American Chief Economist’s Potential Home Sales Model

rising mortgage rates dampen market potential in december, according to first american chief economist’s potential home sales model
SANTA ANA, Calif.--(BUSINESS WIRE)--First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance, settlement services and risk solutions for real estate transactions,..
Business Wire

Key Events In The Coming Week: All Eyes On Trump's First Actions

key events in the coming week: all eyes on trump's first actions
The key economic releases this week are durable goods and GDP on Friday. On the political front, the focus will be is on the first actions of the Trump administration including moves on TPP and NAFTA...
Zero Hedge

U.S. mortgage rates trend lower in new year

U.S. mortgage rates fell again for the third consecutive week, according to Freddie Mac. The 30-year fixed mortgage averaged 4.09 percent for the week ending Jan. 19, down from 4.12 percent the..
bizjournals

Double interest rate blow for Kiwibank mortgage holders

double interest rate blow for kiwibank mortgage holders
Kiwibank is blaming rising funding costs on its decision to lift mortgage rates twice since the start of the year.According to interest.co.nz the state-owned bank announced increases to its two, three,..
New Zealand Herald

Policy Makers - Like Generals - Are Busy Fighting The Last War

policy makers - like generals - are busy fighting the last war
Submitted by Chris Hamilton via Econimica blog, *The Maginot Line formed France's main line of defense on its German facing border from Belgium in the North to Switzerland in the South.*  It was..
Zero Hedge

Doug Casey Warns "Every American Needs To Be Concerned Right Now"

doug casey warns every american needs to be concerned right now
Authored by Doug Casey via InternationalMan.com, **Making The Chicken Run, Part 1** *“Making the chicken run” is what Rhodesians used to say about neighbors who packed up and got out during..
Zero Hedge

One Hour After Taking Office, Trump Suspends FHA Mortgage Fee Cut

one hour after taking office, trump suspends fha mortgage fee cut
In a move that has sparked controversy among some economists, within an hour of being sworn in, Trump undid one of Barack Obama’s last-minute actions, a mortgage-fee cut under a government program..
Zero Hedge

8 tips for refinancing as mortgage rates rise

So you want to refinance, but mortgage rates are rising? Don’t worry, you haven’t missed the boat on your refinance opportunity.
Christian Science Monitor

HUFFPOST HILL - Welp.

*Like what you read below? **Sign up for HUFFPOST HILL** and get a cheeky dose of political news every evening!* Donald Trump’s inauguration was sparsely attended and marred by rain, but we hear..
Huffington Post

President Trump's First Move: Raising Mortgage Rates

president trump's first move: raising mortgage rates

Opposing Views

Trump's Great Betrayal

Legitimate or not, Donald Trump is President. His public support - under 40% -- is unprecedentedly weak. Even George W. Bush, after being elected by the Supreme Court, had inaugural approval of 62%...
Huffington Post

One Of President Trump’s First Acts Will Cost Homeowners Millions Of Dollars

WASHINGTON ― With one of his first orders, President Donald Trump made it more expensive for working- and middle-class Americans to buy their first homes. The move will increase costs for 750,000 to..
Huffington Post

Jobs for the girls: the silent revolution in Australia's workforce

Women are marching on Washington this weekend, but they've been storming the Australian workforce for decades, with implications for mortgage rates.
Brisbane Times Also reported by •Sydney Morning HeraldThe Age

Long-term US mortgage rates fall; 30-year at 4.09 percent

Long-term US mortgage rates Long-term US mortgage rates marked their third week of declines this week, after snapping a nine-week run of increases.
New Zealand Herald

Average US 30-year mortgage rate falls to 4.09 per cent

*By The Canadian Press* WASHINGTON — Long-term US mortgage rates marked their third week of declines this week, after snapping a nine-week run of increases. Mortgage buyer Freddie Mac said..
CJME Also reported by •New Zealand Herald

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