Why Builder Confidence Surveys Matter To Buyers Of New Homes

December 17, 2010

Despite an unfavorable HMI reading, home builders might still less willing to “make a deal”; holding out for a better 2011.

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Simple Real Estate Definitions : Loan-Level Pricing Adjustments

December 16, 2010

Loan-level pricing adjustments are mandatory loan fees based on a borrower’s specific default risk.

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A Simple Explanation Of The Federal Reserve Statement (December 14, 2010 Edition)

December 14, 2010

Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged within in its target range of 0.000-0.250 percent.

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Make A Mortgage Rate Strategy Ahead Of Today’s Fed Meeting

December 14, 2010

The Federal Open Market Committee holds a one-day meeting today, its 8th scheduled meeting of the year and 10th overall.

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What’s Ahead For Mortgage Rates This Week : December 13, 2010

December 13, 2010

Mortgage markets worsened last week as the U.S. economy showed additional signs of strength; and global demand for mortgage bonds slipped. Conforming mortgage rates rose for the fifth straight week.

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Fannie Mae Guidelines Change Monday. Apply Today To Lock In To “Old” Rules.

December 10, 2010

Fannie Mae rolls out new mortgage guidelines Monday. Therefore, if you’re in the process of applying for a conforming home loan, consider giving your complete application by the close of business Friday.

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Home Affordability Reaches Record-Levels… Last Quarter.

December 9, 2010

Prior to 2009, the Home Opportunity Index rarely topped 65. The index has remained above 70 ever since.

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Boost Your 2010 Tax Deductions By Making Your January Mortgage Payment A Little Bit Early

December 8, 2010

Looking for an extra 2010 tax deduction? Consider making your January mortgage payment a few days early.

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Pending Home Sales Index Points To A Budding Seller’s Market

December 7, 2010

The Pending Home Sales Index surged 10 percent in October as low mortgage rates and low home prices spurred buyers into action. The market looks different today, however.

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What’s Ahead For Mortgage Rates This Week : December 6, 2010

December 6, 2010

After a spectacular run that drew 30-year fixed rates to near 4.00, mortgage rates have returned to their highest levels since late-June.

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