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Drop in pending home sales could foreshadow slow spring housing market
According to the Pending Home Sales Index released Thursday by the National Association of Realtors (NAR), pending home sales fell 3.6% compared to a year ago, although they were up 2% compared to January.
Mortgage affordability was stable in February as homebuyer activity stayed static
While February’s data reflects little movement, MBA expects rising housing inventory and lower mortgage rates to spur market activity.
FinLocker says it will cover 100% of mortgage verification costs
FinLocker details that the initiative will eliminate verification costs at all stages of the mortgage journey, from prequalification and underwriting to final reverification before closing.
