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Property News for 25 September 2019
As new home sales soar, analyst says entry-level price is 'redefined' higher
CNBC - 25 Sep 2019 17:46
Sales of newly built homes in August hit the second highest level in over a decade. Those numbers were released just after Toll Brothers, Lennar and KB Home were upgraded to "outperform."
Higher interest rates send weekly mortgage applications tanking 10%
CNBC - 25 Sep 2019 13:02
Higher in rates over the last two weeks send mortgage applications into a slide, according to the Mortgage Bankers Association.
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