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PENDING SALES RAMP UP FOR SPRING HOMEBUYING SEASON via themortgagepoint.com—In a new report, the National Association of REALTORS (NAR) reported that pending home sales increased by 3.4% in March. Transactions increased in the Northeast, South, and West each month, but … Read More

HOW ARE EXISTING-HOME SALES FARING? via themortgagepoint.com—According to the latest Existing-Home Sales Report housing snapshot from the National Association of Realtors (NAR), existing home sales fell 3.7% year-over-year in March 2024 while median existing-home sale prices rose 4.8% year-over-year to … Read More

WHAT FACTORS ARE DRIVING UP MONTHLY HOUSING PAYMENTS? via themortgagepoint.com—The median monthly housing payment in the U.S. reached an all-time high of $2,747 during the four weeks ended April 7, up 11% from the previous year—this according to a new … Read More