Preparing Your House To Sell

Preparing Your House To Sell

Buyers are finally responding to lower mortgage rates. That was signaled by the newly released report on existing home sales. They rose 2.5% to an annual rate of over 5.34M homes. The median home sales price is now at $277,700. That’s up 4.8% from last May. We have...
Daily Rate Update: June 24th-28th

Daily Rate Update: June 24th-28th

Friday – June 28, 2019 Inflation in the US remained subdued in May which should hold mortgage rates at current low levels for the foreseeable future. The Bureau of Economic Analysis reports that the Core Personal Consumption Expenditure (PCE) was unchanged at...
Daily Rate Update: June 24th-28th

Daily Rate Update: June 17th-21st

Friday – June 21, 2019 The National Association of REALTORS® reports that existing home sales in May rose 2.5% from April to an annual rate of 5,340,000 units versus the 5,300,000 expected. Sales in April were revised higher. From a year ago, sales fell by 1.1%....
Daily Rate Update: June 24th-28th

Daily Rate Update: June 10th-14th

Friday June 14, 2019 The consumer is alive and well in the US as May retail sales jumped 0.5% from the gain of 0.3% in April, which was revised higher from a -0.2% while March was also revised higher. When stripping autos, sales jumped 0.5% from the gain of 0.5% in...