What’s Ahead For Mortgage Rates This Week : October 31, 2011

October 31, 2011

Mortgage markets moved across a wide range last week before, ultimately, finishing unchanged. The bailout of Greece both dominated headlines and dictated market direction.

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Pending Home Sales Index Slips For 4th Straight Month

October 28, 2011

Nationwide, fewer homes are going under contract to sell.

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New Home Inventory Keeps Sinking

October 27, 2011

Home builders continue to sell homes and work through inventory.

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Detroit Leads All Case-Shiller Cities In Home Price Improvement

October 26, 2011

Since bottoming out in March of this year, the Case-Shiller Index is up nearly 4 percent.

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The Government’s Revamped HARP Program For Underwater Homeowners

October 25, 2011

The Federal Home Finance Agency announced big changes to its Home Affordable Refinance Program Monday. More commonly called HARP, the Home Affordable Refinance Program is meant to give “underwater homeowners” opportunity to refinance.

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What’s Ahead For Mortgage Rates This Week : October 24, 2011

October 24, 2011

Mortgage markets improved last week on worries that Eurozone leaders would decline to send aid to Greece. These concerns overshadowed optimism for the U.S. economy, the result of several strong data points.

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Despite 18% Contract Failure Rate, Home Resales Stay Strong

October 21, 2011

According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, September’s Existing Home Sales eased by 150,000 units, falling to 4.91 million units nationwide.

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Finding Truth In September’s Housing Starts Report

October 20, 2011

Wednesday, the Census Bureau released its September Housing Starts report. In it, the government said that national Housing Starts rose 15 percent in September as compared to August 2011, tallying 658,000 units on a seasonally-adjusted annualized basis.

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Homebuilder Confidence Rises on Surging Sales Volume, Foot Traffic

October 19, 2011

Homebuilder confidence is rebounding sharply.

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Foreclosure Rate Drops For The 12th Straight Month

October 18, 2011

Foreclosure activity continues to slow throughout the United States.

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