FHA Takes Additional Steps to Bolster Capital Reserves As part of a broad effort to strengthen the Federal Housing Administration's (FHA) Mutual Mortgage Insurance Fund (MMI Fund), FHA Commissioner Carol Galante announced a series of changes to be
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Fiscal Cliff Avoided: What It Means for Housing and Home Builders The fiscal cliff, an economically damaging set of tax hikes and spending reductions scheduled to begin in 2013, has been avoided (for now) and that is good news for housing in the short-run.
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3 Tips for Taking Advantage of This Year's Lower Tax Rates Income taxes are going up next year, and not just for those who earn more than $200,000 a year. “Taxes are likely to be higher for everyone” says financial planner Rick Rodgers,
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Home Prices Hit 20-month High FNC’s latest Residential Price Index™ (RPI) indicates that U.S. property values continue to rise. Home prices reached a 20-month high following a robust spring/summer homebuying season. In August, home prices
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Mortgage Rates Hold Steady as Markets Speculate Further Stimulus Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates holding steady from the previous week and remaining near their
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It is so hard for buyers to work out what they should offer a seller for their home. There is a plethora of information on the internet to review. Buyer demand, seller home supply, mortgage interest up or down, short sales, REO’s, etc. It is overwhelming.
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The clear answer to these two questions are resoundingly, Yes & Yes. This week interest rates reached an all time low for the past 15 years. So what does this mean for both Buyer's & Seller's. For the Buyer, you can now get a 30 year fixed
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