Welcome back, Dreammakers, to Today in Mortgages! In this episode, hosts Michael and Richard discuss the tiny increase we've seen in home sales.
Today's article from Yahoo Finance is titled "US existing home sales rise in May; mortgage rates still a constraint." Overall, more homes are being listed for sale and the sales prices are appreciating!
There are a lot of signs in the market that point to a strong economy: wage growth, low unemployment, low inflation and now increase in home sales. We are moving to a more normal buyer/seller dynamic that will help move some of the inventory built up in the market. But, buyer's still have a bit of an edge right now, so let's help our borrowers use that to their advantage.
Listen in as we discuss this and more!

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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297.
The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation.
Visit our website at nflp.com/licenses for all state licensing and other legal information.

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Today in mortgages is produced by Network Funding, LP, which is an equal housing lender, NMLS# 2297. Corporate office located at 10370 Richmond Ave. Suite 900, Houston, TX 77042.
The content of this program is meant to be a commentary on mortgage and real estate news and any discussion of rates and or products should not be taken as individual mortgage or home buying advice or pricing estimates, and any commentary on this show is should not be considered a promise to make a loan. All applicants for a loan must qualify and you should consult a professional regarding your individual loan scenarios for your financial situation. Visit our website at nflp.com/licenses for all state licensing and other legal information.