Purchase Index Gains As Rates Hit New Low

According to the Mortgage Bankers Association’s Weekly Applications Survey, demand for loans to purchase homes increased 2.7 percent from the previous week. But despite the gains, total mortgage loan application volume fell 3.8 percent due to a drop in refinance...

New Home Sales Up 7.5 Percent From March 2011

The U.S. Census Bureau and the Department of Housing and Urban Development’s New Residential Sales Report for March 2012 shows that sales of new single-family homes are up 7.5 percent over the previous year’s pace. According to the report, new home sales...

Confidence In Economy Nears Four Year High

According to the most recent results of Gallup’s U.S. Economic Confidence Index, Americans’ confidence in the economy is nearing a four-year high. The index is based on a survey of 3,000 individuals and gauges Americans’ perception of the current...