Countrywide VIP mortgage program investigation goes dark QRM would have cut out 39% of homebuyers in 2010: CoreLogic 1st-Time Homebuyers Are Getting Squeezed Out By Investors : NPR – 4 days ago. The rate of investor purchases of starter homes has been rising and has nearly. "Typically, a first-time homebuyer can't work under those parameters.". 60% of investor purchases – up from 48% in 2013, CoreLogic said.The “option arm” loan program was one of the most popular mortgage choices for borrowers in the United States during the lead up to the mortgage crisis thanks to its forgiving payment flexibility. This same payment flexibility also made it one of the most scrutinized loan programs in history because of its misleading ability to qualify borrowers for a home they truly couldn’t afford.
NAR: Pending home sales up 10.3% from last year Alcynna Lloyd is a reporter at HousingWire. Lloyd has a degree in broadcast journalism from the University of North Texas.
Pending-home sales rebound in February, even as Realtors slash 2018 sales forecast. The February rebound still leaves the index 4.1% lower than its level a year ago, though NAR noted in a release that last February’s reading was the second-highest in over a decade. pending sales surged 10.3% in the Northeast, and ticked up 0.7% in the Midwest in February. They rose 3.0% in the South and 0.4% in the West.
According to the NAR, the PHSI in the Northeast surged 10.3% to 96.0 in February but is still 5.1% below a year ago. In the Midwest the index inched forward 0.7% to 98.9 in February but is 9.5% lower than February 2017. Pending home sales in the South rose 3.0% to an index of 125.7 in February but are 1.5% lower than last February.
The Pending Home Sales Index, a forward-looking indicator based on contract signings, increased 4.6 percent to 103.2 in January, up from 98.7 in December. Year-over-year contract signings, however, declined 2.3 percent, making January the thirteenth straight month of annual decreases.
NAR: Pending home sales up 10.3% from last year Womac Contents Regional government (krg) relates National median sale price Blame student loan Years. federal reserve data shows 6 days ago Pending home sales increased 1.1% in May following a 1.5% slip in April, the National Association of Realtors (NAR) reported.
Infographic: July 2018 Existing-Home Sales. Total existing-home sales decreased 0.7% to a seasonally adjusted annual rate of 5.34M in July from 5.38M in June. With last month’s decline, sales are now 1.5% below a year ago.
The National Association of Realtors’ (NAR) Pending Home Sales Index saw a 0.2 percent uptick to 111.0 in June from 110.8 in May; on a year-over-year measure, the index is up one percent. While last.
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NEW YORK (CNNMoney.com) — The number of homes under contract for sale fell in March, hitting a record low for the second consecutive month, according to a report released Wednesday. The National.
12/11/07 The National Association of Realtors said the pending U.S. home sales index was up 0.6% in October but down 18.4% YoY. A trade group for real-estate agents said the battered housing market is on the verge of stabilizing and raised its outlook for 2007 and 2008 home sales.