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Tag Archives: Home Purchases

Pending Home Sales Surge, But Closed Sales Lag Behind

In November, new listings jumped to their highest level since October 2022, while home prices also posted its biggest increase since the same time last year. Pending home sales also continued to rise, but many home purchases fell through at a record rate as some homebuyers got cold feet, according to a new Redfin report.

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Ginnie Mae MBS Tops $2.5T

For the 2023 calendar year-to-date, Ginnie Mae has supported the pooling and securitization of more than 570,000 first-time homebuyer loans.

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