How to Wire Money for Closing: What Homebuyers Need to Know

If you’re getting ready to close on a home, you’ll likely need to wire money for closing. For many buyers, this means sending one of the largest payments they’ve ever made—often tens or even hundreds of thousands of dollars—to a title or escrow company. But moving a large amount of money under a tig

New Home Sales Remain Near Recent Highs

If there's one housing market metric that paints a brighter picture than the rest, it's New Home Sales data from the Census Bureau. At 745,000, it eased slightly from an upwardly-revised annual rate of 758,000 , but was higher then the pre-revision reading of 737k, and 3.8% above December 2024’s 718

Pending Sales Dip as Affordability Gains Fail to Spark Demand

The National Association of Realtors’ Pending Home Sales Index (PHSI) slipped modestly in January, easily prolonging its stay in a narrow range near all-time lows. Pending home sales decreased 0.8% month over month and were down 0.4% compared with the same time last year. While affordability conditi

How Long Does Mortgage Preapproval Take? And What Can Delay Mortgage Approval?

If you’re buying a home, timing matters. Whether you’re preparing to make an offer or already under contract, understanding how long mortgage preapproval takes — and what can delay final mortgage approval — can help you avoid missed deadlines and unnecessary stress. Here’s the short answer: Mortgage