Review Mortgage Lenders

Mortgage Depot

Mortgage Depot

Here's a commercial I produced for Mortgage Depot featuring the "Debt Monkey"

Housing market remains strong, despite mortgage rate worries

But Lennar's results and other recent data may be assuaging fears that the bottom is going to fall out of the housing market.

The federal government said Monday that new home sales in May were better than expected, citing particular strength in the southern part of the US.

That should be good news for the broader economy.

Lewis Alexander, chief US economist at Nomura, said in a report Tuesday that he was raising his GDP estimate for the second quarter, citing the stronger home sales figures and expectations of higher broker commissions.

And according to the closely watched S&P Case-Shiller index that was released Tuesday morning, home prices continued to rise across the country -- with 17 of the 20 cities tracked in the index registering increases.

"Given the combination of strong demand and lean inventories, especially for existing homes, we expect home prices to continue appreciating at a modest pace for the remainder of the year," said Barclays economist Pooja Sriram in a report Tuesday.

anyone use Lowe's/Home Depot for kitchen installation?

hubby and i will be inheriting a house from grandma and, well, it's stuck in 1953. everything is original to the house, including the appliances, rugs, etc.