D.T.L Tax and Financial Services
Davin T. Little CVLS EA
davintlittle@gmail.com
312*446*5099
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Latest "Daily Rate Update"
Here's a happy but unhappy coincidence: weekly rate surveys (which often lag reality) and actual daily mortgage rates are actually on the same page today. Both the surveys and I can tell you that rates jumped quite a bit today (hence the 'unhappy' part).
Home prices keep soaring as pending sales and new listings start a typical seasonal decline.
Pending sales represent homes that have a signed contract to purchase on them but have yet to close. They tend to lead existing-home sales data by 1 to 2 months.