Mortgage News

US home sales fell 0.4% in April amid limited supply

 · U.S. retail sales declined last month as Americans cut back their spending on clothes, appliances, and home and garden supplies. Sales dropped 0.2% in April, the Commerce Department said Wednesday.

That is partly because housing supply remains limited. homes have had to use their capital gains on their former house for down payment. In April 2019, total outstanding housing loans were almost.

Throwing shade on the Fed’s interest rate path Lael Brainard and other senior Fed officials have said the central bank could push interest rates above that threshold if the economy maintains its momentum. The fed-funds rate is currently at a range of 1.75% to 2.00%.. He is likely to throw shade on the notion that tariffs are a significant.

Inventories have improved, but there is still a lack of homes for sale by historical standards. There were 4.2 months’ supply in April, up from 3.8 months in March.

 · Homes are still selling at a brisk pace. The average property sold in just 24 days, the fastest pace ever recorded by the Realtors. The median sales price in.

U.S. home sales slipped 0.4% in April 2019, as would-be homebuyers face affordability challenges and a limited supply of starter houses. The National Association of Realtors says that existing homes sold at a seasonally adjusted annual rate of 5.19 million last month, down from 5.21 million in March 2019.

Retail sales in the US increased 0.4% last month as households stepped up purchases of. German defence minister ursula von der leyen squeaks home in European Parliament’s confirmation vote. British.

RBA’s Lowe: Not unreasonable to expect a lower cash rate from here Spotlight: How much should you put down on a new home? Obama without Obama-ism: 2020 Democrats embrace the ex-president but not his policies From a Cruz-authored piece in Politico: [I]t is so sad, and so injurious to our future as well as Cuba’s, that Obama has chosen to legitimize the corrupt and oppressive castro regime with his presence.They would like him to go down in history as a legend, not as someone who tried towards the end of his cricketing career..In a speech late on Tuesday, RBA Governor Philip Lowe said it was "not unreasonable" to expect a lower cash rate from here, signalling the door was wide open for further easing.Spotlight: How much should you put down on a new home? Before Making A 20% Mortgage Down Payment, Read This. "How much should you put down on a house?". About the riskiest thing you can do when you’re buying a new home is to make the.

WASHINGTON (AP) – U.S. home sales slipped 0.4% in April, as would-be homebuyers face affordability challenges and a limited supply of starter houses. The National Association of Realtors says that existing homes sold at a seasonally adjusted annual rate of 5.19 million last month, down from 5.21 million in March.

U.S. home sales slipped 0.4% in April 2019, as would-be homebuyers face affordability challenges and a limited supply of starter houses. The National Association of Realtors says that existing homes sold at a seasonally adjusted annual rate of 5.19 million last month, down from 5.21 million in March 2019.

Oil prices fell on Tuesday on lingering concerns over global demand and rising US production, though expectations for major producers to further curtail output offered support. Brent crude futures.

WASHINGTON (AP) – The number of U.S. home sales slipped by 0.4% in April, as would-be homebuyers had trouble with affording new places to live and dealt with a small supply of starter houses. The National Association of Realtors said Tuesday that existing homes sold at a seasonally adjusted annual rate of 5.19 million last month, down from 5.21 million in March.