Is This The Start Of A Refi Boom? Mortgage Rates Fall For 8 Straight Weeks.

June 14, 2011

Mortgage rates have dropped 8 weeks in a row. Not even last year’s Refi Boom produced an 8-week winning streak. This season’s streak is historic.

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What’s Ahead For Mortgage Rates This Week : June 13, 2011

June 13, 2011

Mortgage markets moved in feverish fashion last week, eventually ending slightly worse on the week. Conforming mortgage rates fell to a 6-month low Wednesday but, by Friday, they had retreated higher.

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Do You Know What Questions To Ask Your Lender?

June 10, 2011

In this back-to-basics interview, you’ll learn some mortgage planning basics to help you get smarter with your next home loan — purchase or refinance.

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Moving To A New City? See How Much Your Cost Of Living Will Change.

June 9, 2011

It’s a fact: It’s more expensive to live in some cities than others. Beyond just the costs of buying a home, different cities also carry a different Cost of Living. For households relocating across state lines, the change in “life costs” can be jarring.

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Temporary Conforming Loan Limits Expire September 30, 2011

June 8, 2011

If you live in a high-cost area, keep an eye on your calendar. Effective October 1, 2011, temporary conforming loan limits will be lowered nationwide. Perhaps by as much as 14 percent.

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“Homes Under Contract” Plunge 12 Percent In April

June 7, 2011

Hurt by foul weather and a soft market, the Pending Home Sales Index plunged 12 percent in April.

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What’s Ahead For Mortgage Rates This Week : June 6, 2011

June 6, 2011

Mortgage markets improved last week, carried by the same stories that have led markets better since April. Worries of a Eurozone sovereign debt default mounted, and the U.S. economy’s revival showed itself to be slower than originally anticipated.

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Case-Shiller Shows Home Values Rolling Back 9 Years

June 3, 2011

The March Case-Shiller Index was released this week and it corroborates the findings of the government’s most recent Home Price Index — home values are slipping nationwide.

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Making A Rate-Lock Plan Before Friday’s Jobs Report

June 2, 2011

Tomorrow morning, at 8:30 AM ET, the Bureau of Labor Statistics releases its Non-Farm Payrolls report for May. If you’re floating a mortgage rate right now — or are in the process of shopping for a loan — consider locking in.

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Mortgage Guidelines Start To Loosen At The Country’s Biggest Banks

June 1, 2011

The Federal Reserve’s quarterly survey of senior loan officers revealed that an overwhelmingly majority of U.S. banks have stopped tightening mortgage requirements for prime borrowers.

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