U.S. new home sales rise despite higher mortgage rates · PERT Florida Real Estate School

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 · This upward rate move by the Fed (and the bond market) will instantly be reflected in ARM rates, and eventually trickle into higher mortgage rates, likely around mid-2016. higher frm rates will promptly trend real estate sales volume down and some 9-12 months beyond prices will slip. As prices start to decrease, expect the short-term rate to.

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This week housing’s biggest story was a big rise in pending home sales. In addition we’ll cover rising interest rates and mortgage purchase applications. Standard & Poor’s also reports on the broad-based home prices and we’ll finish up with final thoughts and a look forward. Pending Home Sales: A Big RISE Coming

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Of special interest will be retail sales and new home sales for January. billion as tariffs are passed along in final pricing. The U.S. government collected an extra $39 billion. [The real-time.

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Under the new FHA mortgage insurance rules, when you use a 30-year fixed rate FHA mortgage and make a down payment of 3.5 percent, your FHA mortgage insurance premium (MIP) is 0.85% annually.

Are the schools below average, or is the crime rate high?. some fixing up, parking may be an issue in some areas, check with a local realtor about which areas.

“Banks are more confident in the real estate market and are offering more options. As interest rates inch up, that motivates fence-sitters who might be holding off on buying a home to jump in now.

U.S. Bank Home Mortgage provided VA and FHA updates. Thursday has Jobless Claims and New Home Sales. Friday closes out with durable goods orders and some statistics from grad school students at the.

Foreclosures still running much higher than before the housing crisis. Mark Huffman has been a consumer news reporter for ConsumerAffairs.. auction sale notices and bank repossessions – reported on 2,330,483 U.S. properties during the year.. The real estate marketing firm RealtyTrac reports 234,685 properties.

Three Cranberry Township teens are facing drug charges after police said they found them with drugs and paraphernalia along a desolate road in New Sewickley Township. A township police report said an.