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…
Read moreAdvisors 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…
Read moreHousing 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…
Read moreTight 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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Get pre-qualified Call 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%…
Read moreFed 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…
Read moreInflation 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…
Read morePending 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…
Read moreHome 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…
Read moreTaking 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%…
Read moreAs 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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