New-home sales declined more than forecast in December

In the last 102 months of consecutive job growth, the average monthly gain is 200,000 jobs, according to the WSJ. Today’s forecast is close, at 185,000 to 190,000. Gold prices have popped up to.

We remain more. in December, topping the consensus forecast of 585,000 units and our forecast of 572,000 units. At least for now-in terms of reliability, the initial estimate of new-home sales in.

First American buying B of A mortgage lien release business Capital required to invest is a lot higher. E.g. In the above case, you need $300,000 to provide a first mortgage. Even if there is a second lien by someone else, you will get paid out first since you are in first position. Second lien: Risk is higher, since first lien gets paid out first. To compensate, you get higher interest rate.

Purchases of new homes declined more than projected last month and were revised down in the prior period, showing the market returned to a less exuberant pace as the year drew to a close, according to government data Thursday.. Single-family home sales fell 9.3% month-over-month, the most since August 2016, to a 625,000 annualized pace (the estimate was 675,000) after a 689,000 rate (revised.

Investing.com – U.S. existing home sales declined much more than expected in December, dampening optimism about the health of the housing market, according to a report released on Wednesday by.

December U.S. New Home Sales Decline More Than Forecast (-9.3% MoM, But +14.4 % YoY). The wall street examiner reposts third party content with the permission of the publisher. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may.

U.S. New Home Sales Fell in December – WSJ – New home sales in the U.S. lost steam in December but wrapped up a solid year in a segment of the housing market that has faced tight inventory and fast-rising prices..

Lower mortgage rates help Hovnanian reduce its net loss If you default, the government covers some of the lender’s losses, typically 25% of what you borrowed. That gives lenders the same protection as if you had put 25% down on the home, so they can offer.

By Donna Laquidara-Carr, Ph.D., LEED AP, Industry Insights Research Director. BEDFORD, MA – April 23, 2019 – Since 2017, the USG+US Chamber of Commerce Commercial Construction Index has revealed that the biggest challenge facing contractors today is the shortage of skilled workers. One of the most direct ways to tackle this challenge is to be able to draw more people to the industry.

Very slight increase in mortgage application volume this week After rising a mere 0.1% the previous week, mortgage application volume increased 0.8% on an adjusted basis during the week ended July 24, according to the mortgage bankers association’s (MBA) Weekly Mortgage Applications Survey. On an unadjusted basis, volume increased 1% compared with the previous week.Rising rates now affecting purchase mortgage application activity As previously noted, fixed mortgage rates are dependent upon the 10-year treasury yield, which remains relatively low despite recent fed fund rate hikes. However, with rising Fed fund rates, if we approach more of an inflationary or bear market environment, we will see the 10-year Treasury yield begin to climb higher.

New Home Sales Sales of new singlefamily houses in March 2019 were at a seasonally adjusted annual rate of 692,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development.

U.S. purchases of new homes declined more than projected last month and were revised down in the prior period, showing the market returned to a less exuberant pace as the year drew to a close, according to government data thursday. single-family home sales fell 9.3 percent m/m, the most since Aug.