All Posts Tagged: home sales

U.S. Outlook: An encouraging upward revision

Scott Anderson
Chief Economist

We got a number of somewhat better U.S. economic reports this week, mostly from the housing market.

Graph showing rise in home sales, year-over-yearBut the upward revisions in the April durable goods report were the most encouraging development for the U.S. economic growth prospects over the near term.

For more on this and other economic developments this week, see my full analysis. Highlights are outlined below, followed by a link to the full U.S. Outlook report, delivered on May 29.

Key observations:
  • Non-defense capital goods orders, excluding aircraft, were revised higher for March and January of this year, and November and December of last year.
  • The bright spot in the economy continues to be the prospect of stronger housing activity and consumer spending in 2015.
  • The rising demand for existing homes is continuing to push existing home prices higher.
Click here to read my full report. Read More ›

Numbers Count: Weekly mortgage data highlights

Cyndee Kendall
Mortgage Banking
"Sold" sign in foreground with big stately yellow house and trees behind it.

Here’s my take on the key numbers on the housing market this week.

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Numbers Count: Weekly mortgage data highlights

Wendy Cutrufelli
Mortgage Banking
For Sale sign in front of house

Wendy Cutrufelli offers her take on the key numbers on the housing market this week.

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How much do FICO scores matter for loan eligibility?

Cyndee Kendall
Mortgage Banking
Middle-aged man holding a sheet of paper and looking at an open laptop.

Too often people look at data on credit scores and feel their score may be too low to seek a mortgage.

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Numbers Count: Weekly mortgage data highlights

Wendy Cutrufelli
Mortgage Banking
Rear view of man and woman

Here’s my take on the key numbers on the housing market this week.

Read More ›