Angel Oak Mortgage Plans IPO According to an S-1 statement filed with the Securities and Exchange Commission, Atlanta-based Angel Oak Mortgage is looking to go…

Estimated reading time: 0 minutes, 22 seconds

April Pending Home Sales Unexpectedly Sink

Friday, May 28 2021
Lending
Written by  The Mortgage Leader

A monthly gauge of existing home sales has dropped, contrary to economists’ projections, a sign that rising home prices have constrained potential buyers. So reports MarketWatch.

house for sale 2845213 1920According to the National Association of Realtors, pending home sales fell 4.4% in April from the prior month. Economists in MarketWatch’s survey had forecast a 1% rise in these contract signings for previously owned homes where the sale has not yet closed.

Read the full article from MarketWatch.

Read 244 times
Rate this item
(0 votes)
More in this category: « Jobless Claims Fall for Fourth Week to New Pandemic Low 30-Year Mortgage Rate Slips Back Below 3% »

FOLLOW US

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline