Home Prices Record Highest Monthly Gains Since Case Shiller Index Inception

June 26, 2013

The S&P Case-Shiller Home Price Indices for April indicate that the housing recovery gained ground.

In April 2013 average home prices tracked in the Case-Shiller 10 and 20-city Composites increased by 11.60 and 12.10 percent year-over-year. On a month-to-month basis, the Composites increased by 2.60 and 2.50 percent respectively.

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3 Clever But Simple Ways To Get Your Home Mortgage Paid Faster

June 25, 2013

Paying off the mortgage on your home faster means that you will not only have the satisfaction of owning your own home sooner, you will also have the benefit of paying much less in interest over the years.

The faster you pay off your mortgage, the more money you can save, so here are some tips to accelerate your payment schedule.

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What’s Ahead For Mortgage Rates This Week – June 24, 2013

June 24, 2013

Comments by Fed chairman Ben Bernanke after Wednesday’s FOMC meeting caused havoc in financial markets as investors anticipated the potential effects of any rollback of the Fed’s policy of quantitative easing (QE). Chairman Bernanke said that the Fed may begin reducing its $85 billion monthly purchase of Treasury securities and MBS toward the end of this year.

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The Federal Open Market Committee Holds Steady With Mortgage Backed Security Investments

June 21, 2013

The Federal Open Market Committee (FOMC) of the Federal Reserve decided to continue its current policy of quantitative easing (QE) based on current economic conditions. The Fed currently purchases $40 billion in mortgage-backed securities (MBS) and $45 billion in Treasury securities monthly.

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Three Tips To Get The Best Financing On Your Second Home Purchase

June 20, 2013

Are you buying a property as your second home? Here are some tips to keep in mind that will help you to get the best mortgage on your second property.

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Home Builder Confidence Jumps By Widest Margin Since 2002

June 19, 2013

U.S. housing markets are gaining as demand for homes exceeds available supplies in many areas. The National Association of Home Builders/ Wells Fargo Housing Market Index (HMI) for June increased by eight points over May’s reading to achieve a positive reading of 52. This last happened in August-September of 2002, when HMI monthly readings also jumped by eight points.

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RealtyTrac Foreclosure Report Shows 28% Decrease From May 2012

June 18, 2013

Foreclosure actions increased by 2.0 percent in May from April’s 75 month low point for foreclosure activity according to RealtyTrac’s U.S. Foreclosure Market Report released June 11.

However, the good news is that May 2013 foreclosure filings were still 28 percent below May 2012 filings.

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What’s Ahead For Mortgage Rates This Week – June 17, 2013

June 17, 2013

Last week’s news was relatively quiet with no data significant to real estate and mortgage lending released until Wednesday, when the federal government announced a $138 billion budget deficit for May.

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Make Your Home A Movie Star! How To Rent Out Your Property As A Film Location

June 14, 2013

Whenever a scene in a film or television show takes place in a private home, have you ever thought about who owns that property?

If you advertise your property in the right way, your home could have its 15 minutes of fame as the set for a film or a television show episode.

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Why It’s Critically Important To Have A Home Inspection

June 13, 2013

Many home buyers have found the perfect house, signed on the dotted line and may think they’ve watched enough home improvement shows to know if the home they’re getting is in good shape. Unfortunately, some buyers make the mistake of skipping a home inspection in order to save a little cash.

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