Real Estate News Feed
Personal Income Rose 0.8% in February
Fri, 28 Mar 2025 14:46:28 GMT
Personal income increased $194.7 billion (0.8% at a monthly rate) in February, according to estimates released by the U.S. Bureau of Economic Analysis.
Mortgage Rates Tick Down
Thu, 27 Mar 2025 16:17:03 GMT
The 30-year FRM averaged 6.65% as of February 27, 2025, down from last week when it averaged 6.67%. A year ago at this time, the 30-year FRM averaged 6.79%.
Pending Home Sales Grow Slightly
Thu, 27 Mar 2025 15:05:38 GMT
Pending home sales grew 2.0% in February according to NAR. The Northeast and West experienced month-over-month losses in transactions, with a larger decrease in the West.
Weekly Jobless Claims Ease Back
Thu, 27 Mar 2025 15:05:05 GMT
Weekly jobless claims eased back to 224,000, down 1,000 from last week.
Cheapest Gas In OC Back Up
Thu, 27 Mar 2025 15:04:25 GMT
The cheapest gas in Orange County has returned to $3.93 per gallon and can be found at Berri Brothers in Anaheim. Sam's Club in La Habra offers gas for $3.95 per gallon.
Mortgage Applications Weaken
Wed, 26 Mar 2025 15:49:38 GMT
Mortgage applications decreased 2.0% from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending March 21, 2025.