New-home sales unexpectedly jump to highest level since 2007

Homebuilder sentiment cools from almost 12-year high The NAHB’s April measure of potential buyer traffic matched the second-strongest level in almost 12 years, corroborating a report on Thursday that showed consumers have the most favorable views of.

U.S. New Home Sales Unexpectedly Jump To Ten-Year High In October. With the unexpected increase, new home sales reached their highest annual rate since hitting 727,000 in October of 2007. The unexpected jump in new home sales was partly due to strength in the Northeast, where new home sales spiked by 30.2 percent to a rate of 56,000.

Home sales hit highest pace Since 2007, but First-Time Homebuyers Still Locked Out. market declined in July to its lowest level since January of. more than 10% greater than one year ago.

Poor credit won’t bar a mortgage broker from getting a surety bond Volume of Fannie Mae risk-sharing deals hits $2.6B in 2018 Fannie Mae has expanded its risk sharing offerings with the announcement of a deal, which transfers the credit risk on a pool of loans.. Fannie Mae calls on reinsurers in risk-sharing deal.Markets have breathed a temporary sigh of relief on positive news from the G20 Summit in Osaka, including US President Trump unexpectedly lifting a ban on the sale of US software and equipment to.

New-home sales declined in April as demand fell in West A wildfire has prompted an eight-hour evacuation alert for a northern alberta town that saw parts of it destroyed in a 2011 fire. The alert says Slave Lake is not in imminent danger, but residents should be prepared to evacuate on short notice.

Existing home sales grew by 0.7% to an annual rate of 5.61 million units last month, the highest sales level since February 2007. Meanwhile, October sales were revised down to 5.57 million units.

A new home in east Boise. The U.S. Commerce Department says sales of new U.S. homes jumped in September to their highest level since October 2007. Hurricane damage in September might have inflated the data. Photo by Anne Wallace Allen. Sales of new U.S. homes jumped in September to the highest level since October 2007, a sign that Americans – unable to find existing homes – are turning to.

Purchases of new U.S. single-family homes rose in June to the highest level in more than eight years, indicating a firm and resilient housing market. Sales increased 3.5% to a 592,000 annualized pace,

 · New Home Sales Just Hit Their Highest Level in a Decade Fortune US New-home sales jumped 6.2 Percent in October U.S. News & World Report US New Home Sales Unexpectedly Jump To Ten-Year High In October Nasdaq

 · Steady job growth and improving wages are continuing to drive demand, building on last year’s new home sales that were the strongest since 2007. While mortgage costs remain above pre-election levels, they’re becoming less of a curb on the market, with the average 30-year fixed rate falling last week to the lowest since November.

Walker & Dunlop buys iCap in plan to increase its volume by 33% Freddie teams with Kentucky lenders to finance manufactured homes Pending home sales fell by more than expected in February WASHINGTON (Reuters) – U.S. home sales fell more than expected in March, pointing to continued weakness in the housing market despite declining mortgage rates and slowing house price gains. The National Association of Realtors said on Monday existing home sales dropped 4.9 percent to a seasonally adjusted annual rate of 5.21 million units last.We had another fantastic mortgage banking company in Walker & Dunlop in Q4 with the acquisition of iCap Realty Advisors in Atlanta, Georgia. Our consistent focus over the past five years to build out our debt brokerage business has brought in our client base, increased our access to deal flow and led to record brokered loan originations of $8.6 billion in 2018, up 17% from last year and up 27%.