According to Realty Times, 6.5% jump in home sales for December. Latest Pending Home Sales Index is up 6.3% due to 13% gains in the Midwest and South (Base on signed contracts that expects to close in the next 2 to 3 months).
Mortgage Rates
According to Mortgage Bankers Association, 30 year fix rated loans average 5.3% compared to 5.2% the week before.
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