Mortgage markets were flat last week overall, although mortgage rates were somewhat volatile from day-to-day. For rate shoppers, the best pricing was available Monday morning and Friday afternoon — everything in between was slightly elevated. It’s the second consecutive week in which rates finished unchanged. There was a string of good news last week about [...]

It’s no wonder that — their inventory of homes for sale is depleting at a furious pace. For the 4th straight month, New Home Sales gained, posting the best numbers since last September’s meltdown and handily beating economist expectations. The available supply of homes is nationwide. It’s further evidence that the housing market may have bottomed [...]