With mortgage rates at their lowest March level in years, home sales surged last month, new industry data shows. Processing Content March home sales increased 31.6% from February, the largest month-over-month jump since 37.4% in 2023, according to Remax’s latest national housing report. Sales were up 3.4% compared to last year. “March’s increase in sales […]

Pending sales of previously owned US homes climbed for a second month in March as a pickup in inventory helped mitigate higher borrowing costs. Processing Content An index of contract signings increased by 1.5% to a four-month high of 73.7, according to National Association of Realtors data released Tuesday. The median forecast of economists surveyed

PennyMac Financial Services Inc. has launched a specialized mortgage program for Team USA athletes, aiming to address the unique income and qualification challenges that Olympians and Paralympians face when buying or refinancing a home. The “Welcome Home: Athlete Mortgage Program,” announced Tuesday, builds on PennyMac’s role as the official mortgage provider of Team USA and