Significant events happen in the mortgage market every day. Lending rules change constantly, and rates are always in flux. We give you the news, but also the “so what” factor: how market changes affect your home finance plans. Whether you plan to buy or refinance, our reports will help you make the best decisions and lower your homeownership costs.
April 3, 2014
Over a year ago, in February 2013, more people were signing contracts to buy homes. Thanks to many factors – from rising prices to the Northeastern polar vortex – the […]
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March 17, 2014
Home buyers protect themselves against rising housing costs. They could eventually save $28,000 per year by buying now. Each month, mortgage giant Fannie Mae surveys average U.S. consumers on their […]
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February 25, 2014
The days of seeing mortgage interest rates in the 3 and 4 percent range could be ending. But some experts have differing opinions on how high the rates will go, […]
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January 23, 2014
Home buyers in 2014 will take advantage of one of the most affordable times in history for housing. Each month the National Association of Realtors measures affordability using a proprietary […]
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January 3, 2014
The news is full of reports of rising interest rates and lower loan volume at lenders. But these factors have contributed to a 24% drop in the time it takes […]
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December 19, 2013
The Federal Reserve announced today that it will begin the long-awaited slow withdrawal from its mortgage rate reduction program in January 2013. The program, called Quantitative Easing, or QE3, has […]
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December 17, 2013
Former casino mogul Jack Sommer is selling his mansion in Las Vegas for $7.85 million or the equivalent in bitcoin. Bitcoin, a virtual currency that was invented in 2009, has […]
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December 6, 2013
We could see a big HARP 2.0 change that puts homeowners closer to HARP 3.0 by the end of 2013. The possible confirmation of Mel Watt (D., N.C.) as the […]
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December 5, 2013
The U.S. Census Bureau and the Department of Housing and Urban Development (HUD) released a joint report on Wednesday showing a 25.4% increase in sales of new homes compared to […]
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October 31, 2013
This Halloween, many across the country are looking forward to being scared silly at haunted houses and cheesy horror movies. But it appears that this October brings an unwelcome kind […]
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