Home Affordability Sinks For The First Time In 12 Months

August 15, 2012

Rising home prices are taking a toll on today’s home buyers. For the first time in 4 quarters — and despite falling mortgage rates — home affordability is sinking.

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Should You Lease Or Buy Your Next Car? It May Affect Your Mortgage.

August 14, 2012

Should you lease a new car, or should you buy one? Like most financial questions, the answer depends on your situation

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What’s Ahead For Mortgage Rates This Week : August 13, 2012

August 13, 2012

Mortgage markets worsened last week as the investors moved back into risk-taking mode.

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5 States Home To 50% Of Foreclosure Activity Nationwide

August 10, 2012

According to data from RealtyTrac, a national foreclosure-tracking firm, the number of foreclosure filings dipped below 192,000 in July 2012, a 3 percent decrease from the month prior.

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Improving Market Index Spans 32 States, District Of Columbia

August 9, 2012

80 U.S. metropolitan markets are showing “measurable and sustained growth” this month, according to the National Association of Homebuilders’ Improving Market Index.

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Mortgage Standards Stop Tightening; Lending Soon To Loosen?

August 8, 2012

As another signal of an improving U.S. economy, the nation’s biggest banks have started to loosen mortgage lending standards.

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Closing At The End Of August? Plan Ahead For Labor Day Weekend.

August 7, 2012

Planning to make a late-August purchase closing? Keep an eye on your calendar. The last Friday of the month coincides with Labor Day Weekend, which may make for a complicated, end-of-month closing.

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What’s Ahead For Mortgage Rates This Week : August 6, 2012

August 6, 2012

Mortgage bonds worsened last week, moving to a near-6 week high.

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Freddie Mac 30-Year Fixed Rate Mortgage Rates Rises To 3.55%

August 3, 2012

This week, for the first time since mid-June, the 30-year fixed rate mortgage rate climbed on a week-over-week basis, moving 6 basis points to 3.55%, on average.

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Simple Explanation Of The Federal Reserve Statement (August 1 , 2012)

August 1, 2012

Breaking down the FOMC’s August 1 statement.

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