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30-year mortgage money is at  7.14%, 15- year 6.55%, FHA 30 year is 6.65%, Jumbo  7.4%, and 5/1 ARM 6.48%.

Existing home sales in the South were down 2.82% month to month from November-December, and down 4.44% from one year ago.

New home sales in the South were up 24.33%% from November - December and were up 7.44% year over year.

Pending home sales in the South were down 11.78% from november - december and lost 1.52%% from one year ago. 

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 Source: U.S. Census Bureau & Mortage News Daily

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