Fed: Real estate loan demand jumped in Q2
Demand for residential real estate loans strengthened in the second quarter over the previous period, a Federal Reserve survey said.
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Existing home sales slump in July
Exist home sales fell for the first time since March and decreased year over year for the first time since November 2015, the NAR study shows.
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Home equity rates for Wednesday, August 24
Many borrowers tap their equity to pay for things such as home improvements.
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Home sales grow at fastest pace in 9 years
New home sales rose 12.4%, reaching a seasonally adjusted rate of 654,000 units. That beats a revised June figure of 582,000 and is 31.3% higher than the July 2015 rate of 498,000 units.
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Tagged gnews, housing starts, median sales price, Mortgages, new home sales, news
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Wells Fargo rates and news for Tuesday, August 23
Wells Fargo's rates are remaining competitive on mortgages, auto loans and credit cards.
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