-New home sales increased in September despite high mortgage rates, declining mortgage applications, and waning builder confidence
-In September, the sales pace of new homes picked up 12.3% compared to August and reached a seasonally adjusted annual rate of 759,000
-Sales were strongest in the Northeast and South regions of the country
You can read this full article at: https://www.housingwire.com/articles/new-home-sales-rise-up-despite-affordability-headwinds/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
