A pending sale sign is placed in front of a house for sale in San Anselmo, California. Justin Sullivan | fake pictures According to the National Association of Real Estate Agents, pending home sales continued to increase in June, increasing 16.6% monthly since May and 6.3% since June 2019. This …
Read More »Romney reportedly to vote against controversial Fed nominee Judy Shelton
Senator Mitt Romney, a Republican from Utah, listens during a Senate Small Business Committee hearing on Coronavirus Relief Aid and “CARES Act Title I Implementation”, in Washington, USA, June 10 2020. Al Drago | Reuters Senator Mitt Romney plans to vote against Judy Shelton’s controversial nomination for the Federal Reserve, …
Read More »Weekly claims for unemployment in the US Add 1,416 million, compared to 1.3 million expected
The number of Americans applying for unemployment benefits increased more than expected last week, as the coronavirus pandemic continues to affect the US economy. The Labor Department said Thursday that initial jobless claims increased by 1.416 million for the week ending July 18. Economists surveyed by Dow Jones expected initial …
Read More »Existing home sales increased nearly 21% in June, a record monthly gain
A real estate agent, right, shows potential buyers a property in Newport Beach, California. Jamie Rector | Bloomberg | fake pictures Existing home sales increased nearly 21% in June compared to May, according to the National Association of Realtors. It was the biggest monthly gain since Real Estate Agents began …
Read More »Weekly demand for mortgages from home buyers increases more, 19% annually
As temperatures soar this summer, demand from home buyers is increasing. Add that to an already strong refinance market, and the total volume of mortgage applications increased 4.1% last week from the previous week, according to the Association of Mortgage Bankers. Helping to fuel demand, mortgage rates hovered near a …
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