We began the week with mortgage rates at hear historic lows, continuing the trend we’ve seen for months where rates always seem to be at historic lows or making new historic lows. The middle of the week saw mortgage rates mixed with mortgage rates moving upward later in the week into today. To get an […]

The NAR’s Pending Home Sales Index (PHSI) is showing yet another sign of strength in the housing market. Recent data is showing that pending sales (home sales with a signed contract but have not closed) reached the highest level in 19 months during November. The index showed that contract signings increased 7.3 percent to 100.1 in November. […]