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It's Business As Usual for Interest Rates By Suzanne De Vita Prospective homebuyers may see a few more weeks of near-zero mortgage rates following news that the Federal Reserve will maintain its current interest rate policy. Economists have long anticipated Read More...
The Road to Recovery: 4 Factors That Affect Home Prices By Suzanne De Vita With housing on a steady path to recovery, home prices have risen approximately 20 percent in the last three years, according to the Federal Housing Finance Agency (FHFA) and Standard Read More...
Mortgage Rates Inch further Down Freddie Mac recently released the results of its Primary Mortgage Market Survey® showing average fixed mortgage rates moving down again across the board. Average fixed rates that continue to run below four percent Read More...
New Report Shows 1.2 Million U.S. Borrowers Regained Equity in 2014 CoreLogic® recently released new analysis showing 1.2 million borrowers regained equity in 2014, bringing the total number of mortgaged residential properties with equity at the end Read More...
Zillow Chief Economist, HUD Secretary Talk Housing Following SOTU, Castro Calls 2015 'Year for Housing Opportunity' By Paige Tepping Following on the heels of President Barack Obama’s second-to-last State of the Union Address, during which Read More...
Some Serious Advice on Paying Down Mortgages Faster By John Voket There is no better gift to give yourself this holiday season and in the New Year, than your own home - preferably owned outright. So with the hope of getting consumers free and clear of Read More...
Refinance Cash-Out Share Increases; Remains Low Historically Freddie Mac recently released the results of its second quarter 2013 quarterly refinance analysis, showing that borrowers are continuing to take advantage of near record low mortgage rates to Read More...
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 Read More...
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. Read More...
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, Read More...
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 Read More...
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 Read More...
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. Read More...
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 Read More...