Pending home sales spiked 5.5 month over month in February to their highest level in almost a year and the second-highest in almost a decade, according to the National Association of Realtors. NARrsquo;s Pending Home Sales Index hit 112.3 in February, up from 106.4 in January. Year-over-year, Februaryrsquo;s index was higher by 2.6, its highest…

by Anna Sobrevinas nbsp;nbsp;29 Mar 2017 January marked 31 months of home price gains as it saw a 5.9 annual gain, compared with a 5.7 annual gain the month before, according to new data from Samp;P CoreLogic Case-Shiller. Year-over-year, the indexrsquo;s 10-city Composite saw a 5.1 annual increase, up from 4.8 from the month prior,…

Refinancing can be a very effective way to save money — just be sure to go about the process in an informed manner, making sound choices along the way. These seven tips can help. Interest rates are starting to inch up, with many expecting the Fed to raise rates a little more later this month.…

Consumer confidence in housing is at an all-time high, with millennials posting strong increases in confidence, according to new data from Fannie Mae. The Fannie Mae Home Purchase Sentiment Index (HSPI) spiked by 5.6 percentage points last month to 88.3, the highest itrsquo;s been since Fannie started keeping records. Five of the HPSIrsquo;s six components…

January proved to be a good start for the new year, as housing demand rose by 6.5, according to Redfin.The companyrsquo;s housing demand index reached a seasonally adjusted level of 130 last month, the highest since Redfin started tracking demand in January 2013.Year-over-year, buyer demand rose by 22.9; tour requests increased by 25.9; and buyers…

When the housing crisis hit in late 2009 and 2010, credit tightened as a natural response. Although the market has largely recovered, financing has remained difficult for borrowers with credit scores below a certain threshold.nbsp; According to the January 2017 Ellie Mae Origination Insight Report, 69 of all closed loans had FICO scores over 700.…

Part of the process of deciding whether to refinance your mortgage is figuring out when you would break even. Without knowing that, you may be shocked to learn that it could be years before you start saving money. Look, this isnrsquo;t going to require IBMrsquo;s Watson to calculate. In fact, you just took an importantnbsp;first…

Owning a home is exciting, challenging and the biggest investment of many peoplersquo;s lives. Itrsquo;s also a good way to reduce your tax bill. Home-related tax breaksnbsp;begin as soon as you close on your new abode and last throughout your time in thenbsp;house. But to maximize them, you need to follow some rules. A home…