Real Estate News
30-year mortgage money is at 7.32%, 15- year 6.7%, FHA 30 year is 6.65%, Jumbo 7.71%, and 5/1 ARM 6.85%.
Existing-home sales in the South were down 7.14% month to month from October-September, and down 14.65% from one year ago.
New home sales in the South were up 19.06%% from September - August and were up 32.56% year over year.
Pending home sales in the South were down 0.69% from September - August and lost 10.02%% from one year ago.
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Source: U.S. Census Bureau & Mortage News Daily