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New homes sales fall monthly; up 16 percent from Nov. 2012 (access required)

The annualized rate of new single-family homes sold in November – 464,000 – dipped slightly from October, according to data from the U.S. Commerce Department. New home sales for the month were down 2.1 percent from October’s revised seasonally adjusted ...

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US mortgage applications tumble to a 13-year low (access required)

WASHINGTON — The number of Americans applying for mortgages has fallen 63 percent since a May peak, reflecting a cooling housing market and higher borrowing rates. The Mortgage Bankers Association says applications fell a seasonally adjusted 6.3 percent last week ...

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