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30-year mortgage money is at  6.55%, 15- year 6.12%, FHA 30 year is 6.02%, Jumbo  6.65%.

Existing-home sales in the South were up 1.61% for February month over month and down 1.05% from one year ago.

New home sales in the South for January were down 15.81% from the previous month and up 7.65% year over year.

Pending home sales in the South were down 6.26% in January and up 5.31% year over year. 

To VIEW land, recreation, and development properties in Tennessee, Alabama, and Georgia see www.ampub.com
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 Source:  Mortgage News Daily

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