Homebuilder Confidence Stays Flat

September 20, 2011

Homebuilders are feeling worse about the market for new homes nationwide.

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What’s Ahead For Mortgage Rates This Week : September 19, 2011

September 19, 2011

Mortgage rates rose for the first time in three weeks last week, pushing conforming and FHA mortgage rates off their all-time, historical lows

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Choosing A 15-Year Fixed Rate Mortgage Over A 30-Year Fixed Rate Mortgage

September 16, 2011

If you’ve ever considered a 15-year loan term, it’s a terrific time to talk to your lender. According to Freddie Mac’s weekly mortgage rate survey, the 15-year fixed rate mortgage is at its lowest point in history.

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Annual Foreclosure Filings Down For 11th Straight Month

September 15, 2011

On an annual basis, foreclosure filings fell last month. On a monthly basis, they did not.

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Capitalize On Low Interest Rates In Overlooked Places

September 14, 2011

It’s no secret. Rates are low right now. And, it’s not just mortgage rates, either — all types of rates are scraping rock-bottom. Borrowing rates, lending rates and savings rates are at or near their all-time lowest levels.

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Adjustable-Rate Mortgages Starting To Adjust Higher

September 13, 2011

For the first time in a year, homeowners with adjusting mortgages are facing rising mortgage rates.

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What’s Ahead For Mortgage Rates This Week : September 12, 2011

September 12, 2011

Mortgage markets improved last week as a weakening Eurozone and questions about the U.S. economy sparked a global flight-to-quality. Conforming and FHA mortgage rates improved for the second week in a row.

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Home Affordability Still Tops Nationwide

September 9, 2011

The National Association of Home Builders reports a Q2 2011 Home Opportunity Index reading of 72.6. Nearly 3 of 4 homes sold last quarter were affordable to households earning the national median income of $64,200.

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After A Pause, Mortgage Guidelines Resume Tightening

September 8, 2011

Mortgage guidelines appear to be tightening with the nation’s largest banks.

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As Jobs Tally Fades, Mortgage Rates Fall

September 7, 2011

The U.S. economy is no longer adding new jobs.

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