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What Pending Home Sales Can Tell Buyers About Housing Demand - For sale sign with sold marker in front of a blue house, representing a completed home purchase in the housing market.

What Pending Home Sales Can Tell Buyers About Housing Demand

Housing Market Trends, Mortgage Strategies, Mortgage Strategy /

Pending home sales can give buyers an early look at housing demand. A pending sale occurs when a contract has been signed for an existing home, but the transaction has not yet closed. Because these contracts usually precede completed sales, pending home sales can help indicate whether buyers are becoming more active or pulling back. […]

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Should I Wait for Mortgage Rates to Drop After a Weak Jobs Report? - Couple reviewing mortgage paperwork and a laptop while deciding whether to wait for mortgage rates to drop.

Should I Wait for Mortgage Rates to Drop After a Weak Jobs Report?

Housing Market Trends, Mortgage Strategies, Mortgage Strategy /

Should I wait for mortgage rates to drop after a weak jobs report? It is a common question because labor market news can affect rate expectations. A weaker jobs report may suggest the economy is cooling, and that can sometimes support lower-rate expectations. But it does not guarantee mortgage rates will fall right away, and

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