Existing Home Sales Lower, but Better Than Expected
The National Association of Realtors Existing Home Sales Report, which measures closings on existing homes, showed that sales were down 1.5%…
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Inflation Trending Lower, Mortgage Rates Should Follow
The Bureau of Labor Statistics released its Consumer Price Index report for December showing that overall inflation decreased by 0.1%. Infla…
Lee masAdvisors Mortgage Group Hosts Weekly Market Show for Loan Officers and Referral Partners
The Jon & Jim Show Hits the Road in 2023 Jon Iacono and Jim Ragan at Advisors Mortgage Group headquarters in Ocean Township, New Jersey, dur…
Lee masHousing Market Cooling, but Not as Bad as You Would Think
The National Case-Shiller Home Price Index, which is considered the “gold standard” for appreciation, showed home prices fell 0.5% in Octobe…
Lee masTight Housing Inventory, but Demand Rages On
The National Association of Realtors released their Existing Home Sales report, which measures closings on existing homes, and it showed tha…
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Precalifíquese Llame al 800-778-9044Understanding Existing Home Sales
The National Association of Realtors Existing Home Sales Report, which measures closings on existing homes, showed that sales were down 7.7%…
Lee masFed Getting Inflation Under Control
In an attempt to curb inflation, the Federal Open Market Committee (FOMC) hiked the Fed Funds Rate by 50 basis points last week to target a…
Lee masInflation is Heading in The Right Direction
Last week the Producer Price Index or PPI was released showing that overall inflation on the producer level increased by 0.3% for the month…
Lee masPending Home Sales Lower, But There’s a Light at the End of the Tunnel
The National Association of Realtors released its Pending Home Sales report and it showed that signed contracts were down by 4.6% in October…
Lee masHome Builders Need Costs to Drop to Regain Optimism
Earlier this month the National Association of Home Builders (NAHB) released its home builder survey and the national index dropped from 38…
Lee masTaking a Look at Existing Home Sales
The National Association of Realtors Existing Home Sales Report, which measures closings on existing homes, showed that sales were down 5.9%…
Lee masAs Inflation Cools, Mortgage Rates Should Follow
The Bureau of Labor Statistics released its Consumer Price Index report for October showing overall inflation increased by 0.4%. This was ac…
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