Housing Mortgages Information

New Home Sales Unexpectedly Surge 4.7%

March 25, 2009 – 7:08 am New home sales in the U.S. unexpectedly rose in February, the Department of Commerce reported Wednesday. Meanwhile, the median sale price continued to fall. New home sales rose to an annualized pace of 337k, a 4.7% increase from January, the report said...(read more)