Pending Home Sales Index Hits A 2-Year High

July 3, 2012

In May, for the second time in 3 months, the Pending Home Sales Index crossed the 100 barrier.

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What’s Ahead For Mortgage Rates This Week : July 2, 2012

July 2, 2012

Mortgage markets improved only slightly last week despite a large 2-day rally.

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FHFA : Home Values Up 3% Since Last Year

June 29, 2012

The Federal Home Finance Agency’s Home Price Index shows home values up 0.8% in April on a monthly, seasonally-adjusted basis.

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Simple Real Estate Definitions : Right To Cancel

June 28, 2012

Refinancing homeowners are granted a 3-day “cooling off” period.

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New Home Sales Rise To 2-Year High

June 27, 2012

As reported by the Census Bureau, 369,000 new homes were sold last month on a seasonally-adjusted, annualized basis.

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Existing Home Sales Slip 2% In May

June 26, 2012

Home resales slipped last month; a slight setback for the housing market’s recovery.

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What’s Ahead For Mortgage Rates This Week : June 25, 2012

June 25, 2012

Mortgage rates rose slightly last week on Fed-led stimulus and events in Greece.

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Mortgage Rates Make New Lows At 3.66%

June 22, 2012

The national average 30-year fixed rate mortgage rate fell 5 basis points to 3.66% this week.

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A Simple Explanation Of The Federal Reserve Statement (June 20, 2012)

June 20, 2012

The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday.

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Housing Starts Up 26% In Last 12 Months

June 20, 2012

Sometimes, the housing data headlines tell just half the tale. May’s Housing Starts figures are proving to be a terrific illustration.

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