by Editor | May 20, 2025 | General News
New home mortgage applications rose 5.3% nationwide in April 2025 from last year, hitting the highest level since 2012, signaling stronger new home sales. WASHINGTON – The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for April 2025 shows...
by Editor | May 20, 2025 | General News
The University of Michigan said consumer sentiment fell to 50.8 in May, hitting its lowest since 2022 on inflation fears and trade policy uncertainty. WASHINGTON – Consumer sentiment in the U.S. has unexpectedly continued to deteriorate in the month of May, according...
by Editor | May 19, 2025 | General News
By Tom Butler The Florida House voted to extend the session through June 30. The Senate has not yet voted, as budget discussions between chambers are still ongoing. TALLAHASSEE, Fla. — Florida House members returned to Tallahassee last week and voted to extend the...
by Editor | May 19, 2025 | General News
Moderating borrowing costs, along with a rise in for sale signs, appear to be luring prospective buyers off the sidelines nationally, NAR said. CHICAGO — For the second consecutive week, mortgage demand from prospective home buyers rose, showing signs of a livelier...
by Editor | May 19, 2025 | General News
As home supply remains constrained, home buyers across the country seek alternatives with many first-time buyers pursuing new construction. CHERRY HILL, N.J. — First-time homebuyers have strong confidence in the housing market and an eagerness to move forward with...
