New Home Sales Reach Multi-Year High

August 29, 2012

As reported by the U.S. Department of Commerce, 372,000 new homes were sold in July on a seasonally-adjusted, annualized basis.

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Government : Home Prices Up 3.0% In Last 12 Months Nationwide

August 28, 2012

According to the Federal Home Finance Agency’s Home Price Index, home prices rose by a seasonally-adjusted 0.7 percent between May and June 2012. The index is now up 3.0% over the past 12 months, and made its biggest quarterly gain since 2005 last quarter.

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What’s Ahead For Mortgage Rates This Week : August 27, 2012

August 27, 2012

Conforming mortgage rates fell last week for the first time this month, breaking a 4-week losing streak.

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Mortgage Rates Dropping After Release Of Fed Minutes

August 24, 2012

Eariler this week, the Federal Reserve released the minutes from its 2-day meeting which ended August 1, 2012. Since the release, mortgage rates have dropped.

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Existing Home Sales Rise To 4.47 Million

August 23, 2012

Home resales climbed 2% last month as the housing market continues its slow, steady recovery.

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States With The Highest And Lowest Closing Costs, 2012

August 22, 2012

Mortgage rates are lower this year, and closing costs are, too.

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Single-Family Housing Starts Remain Strong

August 21, 2012

Single-family housing starts were above 500,000 for the fourth straight month in July, a mark not met since the federal home buyer tax credit of 2010.

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What’s Ahead For Mortgage Rates This Week : August 20, 2012

August 20, 2012

Mortgage markets worsened for the third straight week last week as the U.S. economy showed new signs of expansion, and as little new news came from Europe.

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Mortgage Rates Rise For Third Straight Week

August 17, 2012

Mortgage rates rose for the third straight week this week. Could this be the end of rock-bottom mortgage rates?

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Homebuilder Confidence Rises To 5-Year High

August 16, 2012

For August 2012, the National Association of Homebuilders reports the monthly Housing Market Index at 37 — an increase of more than 100% from one year ago and the highest HMI value since February 2007.

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