Search here...
Mortgage

Pending US home sales on the up

By: globalinvestmentstrategy.com

Date:

Share post:


“Meaningful gains will only occur with declining mortgage rates and rising inventory,” he said in comments accompanying NAR’s release.

The uptick arrived despite a further increase in the contract rate on a 30-year fixed mortgage last week. The Mortgage Bankers Association (MBA) said that rate increased to 7.24% in the week ending April 19, as Freddie Mac chief economist Sam Khater noted purchase demand had remained “steady” in the face of rising rates.

“With rates staying higher for longer, many homebuyers are adjusting,” Khater said, “as evidenced by this week’s report that sales of newly built homes saw the biggest increase since December 2022.”

Stay updated with the freshest mortgage news. Get exclusive interviews, breaking news, and industry events in your inbox, and always be the first to know by subscribing to our FREE daily newsletter.



https://www.highcpmgate.com/f0c2i8ki?key=d7778888e3d5721fde608bfdb62fd997
Previous article
Mortgage demand drops as interest rates soar over 7%
Next article
15 Gift Card Hacks That Will Save You a Ton of Money
globalinvestmentstrategy.com
globalinvestmentstrategy.comhttps://globalinvestmentstrategy.com

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Related articles

Banking

Cap One, FIS tackle outage

Capital One consumers started reporting technical issues on Jan. 16 as account services, deposits and payment processing...
Business

Clone of Weekend Favs January 18th

My weekend blog post routine includes posting links to a handful of tools or great content I...
Make Money Online

Return-to-Office Mandates: What to Do If Your Employer Ends Remote Work

Return-to-office (RTO) mandates are a major topic in workplace trends, and they continue to impact how employees...
Investments

The Housing Markets Where Demand is Heating Up Big-Time

<div id="page" x-data="sidebarAds(24%7C&utm_source=Bigger%20Pockets&utm_term=Bigger%20Pockets","linkTitle":"Schedule a Call Today","id":"65d4be7b89ca4","impressionCount":"623134","dailyImpressionCount":"318","impressionLimit":"878328","dailyImpressionLimit":"2780","r720x90":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/08/REI-Nation-X-BP-Blog-Ad-720x90-1.png","r300x250":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/08/REI-Nation-X-BP-Blog-Ad-300x250-1.png","r300x600":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/08/REI-Nation-X-BP-Blog-Ad-300x600-1.png","r320x50":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/08/REI-Nation-X-BP-Blog-Ad-320x50-1.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""},{"sponsor":"Center Street Lending","description":"","imageURL":null,"imageAlt":null,"title":"","body":"","linkURL":"https://centerstreetlending.com/bp/","linkTitle":"","id":"664ce210d4154","impressionCount":"350237","dailyImpressionCount":"312","impressionLimit":"600000","dailyImpressionLimit":"2655","r720x90":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/05/CSL_Blog-Ad_720x90-1.png","r300x250":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/05/CSL_Blog-Ad_300x250-2.png","r300x600":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/05/CSL_Blog-Ad_300x600-2.png","r320x50":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/05/CSL_Blog-Ad_320x50.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""},{"sponsor":"CV3 Financial","description":"","imageURL":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/07/Logo-512x512-1.png","imageAlt":"","title":"","body":"","linkURL":"https://cv3financial.com/financing-biggerpockets/?utm_source=biggerpockets&utm_medium=website&utm_campaign=august&utm_term=bridge&utm_content=banner","linkTitle":"","id":"66a7f395244ed","impressionCount":"162031","dailyImpressionCount":"237","impressionLimit":"636364","dailyImpressionLimit":"4187","r720x90":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/07/CV3-720x90-1.png","r300x250":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/07/CV3-300x250-1.png","r300x600":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/07/CV3-300x600-1.png","r320x50":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/07/CV3-320x50-1.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""},{"sponsor":"Baselane","description":"Ad copy A","imageURL":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/09/SquareLogo-MidnightOnWhite-1.png","imageAlt":"","title":"","body":"","linkURL":"https://www.baselane.com/lp/bigger-pockets?utm_source=partner_biggerpockets&utm_medium=Content&utm_campaign=bp_blog_ad&utm_term=rebranded_v3","linkTitle":"","id":"66b39df6e6623","impressionCount":"141141","dailyImpressionCount":"216","impressionLimit":"250000","dailyImpressionLimit":"1713","r720x90":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/11/720x90.png","r300x250":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/11/300x250.png","r300x600":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/11/300x600.png","r320x50":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/11/grow_business_not_to_do_320x50.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""},{"sponsor":"Baselane","description":"Ad copy B","imageURL":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/09/SquareLogo-MidnightOnWhite-1.png","imageAlt":"","title":"","body":"","linkURL":"https://www.baselane.com/lp/bigger-pockets?utm_source=partner_biggerpockets&utm_medium=Content&utm_campaign=bp_blog_ad&utm_term=rebranded_v4","linkTitle":"","id":"66b39df70adac","impressionCount":"153008","dailyImpressionCount":"245","impressionLimit":"250000","dailyImpressionLimit":"1713","r720x90":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/11/Copy-of-720x90-1.png","r300x250":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/11/Copy-of-300x250-1.png","r300x600":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/11/Copy-of-300x600-1.png","r320x50":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/11/Copy-of-320x50-1.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""},{"sponsor":"","description":"","imageURL":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/08/REI-Nation-Logo.png","imageAlt":"","title":"","body":"","linkURL":"https://hubs.ly/Q02LzKH60","linkTitle":"","id":"66c3686d52445","impressionCount":"165700","dailyImpressionCount":"216","impressionLimit":"500000","dailyImpressionLimit":"6173","r720x90":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/08/REI-Nation-X-BP-Blog-Ad-720x90-1.png","r300x250":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/08/REI-Nation-X-BP-Blog-Ad-300x250-1.png","r300x600":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/08/REI-Nation-X-BP-Blog-Ad-300x600-1.png","r320x50":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/08/REI-Nation-X-BP-Blog-Ad-320x50-1.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""},{"sponsor":"1-800 Accountant","description":"","imageURL":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/12/Logo_Square_No-Brand-Name.png","imageAlt":"","title":"","body":"","linkURL":"https://1800accountant.com/lp/biggerpockets?utm_source=biggerpockets&utm_medium=cpc&utm_campaign=tof&utm_content=banner_V1","linkTitle":"","id":"67572ea6e4db7","impressionCount":"25462","dailyImpressionCount":"231","impressionLimit":"66667","dailyImpressionLimit":"3031","r720x90":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/12/V1-720x90-1.png","r300x250":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/12/V1-300x250-1.png","r300x600":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/12/V1-300x600-1.png","r320x50":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/12/V1_320x50.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""},{"sponsor":"RentRedi","description":"","imageURL":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/12/rentredi-logo-512x512-1.png","imageAlt":"","title":"","body":"","linkURL":"https://rentredi.com/biggerpockets/?utm_source=biggerpockets&utm_medium=partner&utm_campaign=banner&utm_content=pro_300x600","linkTitle":"","id":"67747625afd7b","impressionCount":"10292","dailyImpressionCount":"195","impressionLimit":"100000","dailyImpressionLimit":"3226","r720x90":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/12/BP-Blog-Banner-Ad-720x90-1.png","r300x250":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/12/BP-Blog-Banner-Ad-300x250-1.png","r300x600":null,"r320x50":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/12/BP-Blog-Banner-Ad-320x50-1.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":null,"r320x50Alt":""},{"sponsor":"","description":"","imageURL":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/12/rentredi-logo-512x512-1.png","imageAlt":"","title":"","body":"","linkURL":"https://rentredi.com/biggerpockets/?utm_source=biggerpockets&utm_medium=partner&utm_campaign=banner&utm_content=bp2025_300x600","linkTitle":"","id":"67747625c36bd","impressionCount":"10842","dailyImpressionCount":"181","impressionLimit":"100000","dailyImpressionLimit":"3226","r720x90":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/12/720x90-BP-CON-RentRedi.png","r300x250":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/12/BP-Blog-Banner-Ad-300x250-2.png","r300x600":null,"r320x50":"https://www.biggerpockets.com/blog/wp-content/uploads/2024/12/BP-Blog-Banner-Ad-320x50_1.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":null,"r320x50Alt":""},{"sponsor":"NREIG","description":"","imageURL":"https://www.biggerpockets.com/blog/wp-content/uploads/2025/01/NREIGLogo_512x512-1-1-1.png","imageAlt":"","title":"","body":"","linkURL":"https://go.nreig.com/l/1008742/2024-12-19/53l7gf","linkTitle":"","id":"677c225a7b017","impressionCount":"8809","dailyImpressionCount":"222","impressionLimit":"1000000","dailyImpressionLimit":"2874","r720x90":"https://www.biggerpockets.com/blog/wp-content/uploads/2025/01/NREIG-720x90-1.png","r300x250":"https://www.biggerpockets.com/blog/wp-content/uploads/2025/01/NREIG-300x250-1.png","r300x600":"https://www.biggerpockets.com/blog/wp-content/uploads/2025/01/NREIG-300x600-1.png","r320x50":"https://www.biggerpockets.com/blog/wp-content/uploads/2025/01/NREIG-320x50-1.png","r720x90Alt":"","r300x250Alt":"","r300x600Alt":"","r320x50Alt":""}])"> ...

About Us

Get the Latest Insights based on: business, finance, mortgage, credit cards, Investments and better Ways to Make Money Online

Categories

Latest news

Cap One, FIS tackle outage

Banking 0
Capital One consumers started reporting technical issues on...

Clone of Weekend Favs January 18th

Business 0
My weekend blog post routine includes posting links...

Return-to-Office Mandates: What to Do If Your Employer Ends Remote Work

Make Money Online 0
Return-to-office (RTO) mandates are a major topic in...

Popular news

Cap One, FIS tackle outage

Banking 0
Capital One consumers started reporting technical issues on...

Clone of Weekend Favs January 18th

Business 0
My weekend blog post routine includes posting links...

Return-to-Office Mandates: What to Do If Your Employer Ends Remote Work

Make Money Online 0
Return-to-office (RTO) mandates are a major topic in...

© 2024. All Rights Reserved.