Did Rates Have Anything to do With Big Surge in Home Sales?
New home sales surged in August, breaking a two-year stretch of range-bound activity. The Census Bureau and HUD reported a seasonally adjusted annual rate of 800,000 , up 20.5% from July’s revised 664,000 and 15.4% above August 2024’s 693,000. This is the strongest monthly gain since the pandemic bo
Mortgage Apps Barely Advance Thanks to Previous Week's Momentum
Mortgage application activity technically hit another long-term high last week, but that's only because it was riding the coattails of the previous week's stellar momentum. According to MBA’s Weekly Applications Survey for the week ending September 19, total volume rose 0.6% on a seasonally adjusted
Governor McMaster declares State of Emergency for South Carolina
COLUMBIA, S.C. (WTOC) - Governor Henry McMaster declared a State of Emergency in preparation for the potential impacts of Tropical Disturbance 94L Friday evening.The governor is urging South Carolinians to monitor forecasts and begin taking proper precautions. The governor’s order (Executive Order 2
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