Real Estate News Feed
Weekly Mortgage Applications Increase
Wed, 17 Apr 2024 14:47:22 GMT
Mortgage applications increased 3.3 percent from one week earlier, according to data from the Mortgage Bankers Association.
What Home Buyers Want
Wed, 17 Apr 2024 14:46:47 GMT
The vast majority of home buyers are looking for a home with at least one home office or study, according to an NAHB survey.
Rate Cuts Delayed
Wed, 17 Apr 2024 14:46:12 GMT
Federal Reserve Chair Jerome Powell said Tuesday that it will take "longer than expected" to achieve the confidence needed to get inflation down to the central bank's 2% target, signaling that it will also likely take longer to cut rates.
The Cheapest Gas In OC Bounces Up
Wed, 17 Apr 2024 14:44:53 GMT
The cheapest gas in Orange County bounced up again and is now $4.75 per gallon and can be found at Sinclair and Costco, both in Fullerton.
New Home Purchase Apps Up In March
Tue, 16 Apr 2024 15:14:55 GMT
Mortgage applications for new home purchases increased 6.2 percent compared from a year ago. Compared to February 2024, applications increased by 1 percent.
Housing Starts Dial Back
Tue, 16 Apr 2024 15:14:12 GMT
Total housing starts in March were well below expectations, however, starts in January and February were revised up.