Mortgage News For The Week Of December 2, 2013 The short holiday week brought an abundance of economic reports last week. Highlights included pending home sales, the S&P Case-Shiller Housing Market Indices and the FHFA home price index. No reports were released on Thursday and Friday in obser
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12/01/2013
Remember The Great Things In Life “There’s always something to be thankful for. If you can’t pay your bills, you can be thankful you’re not one of your creditors” – Author Unknown Thanksgiving is tomorrow and I find myself thinking about everything I have to be thankful for. For instance, I’v
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11/26/2013
Media hype, media spins, political agendas - sheesh. Can someone just give me some raw data and let me decide how good, bad or mediocre the real estate market is! FHFA - Have heard my crys - contained below is an amazing image showing our true performance year to date q4 to q4 showing house appr
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11/26/2013
The Truth About Home Sales This Month The National Association of REALTORS reported Monday that pending home sales dropped by -0.60 percent in October after falling at a revised rate of -4.60 percent in September. According to Lawrence Yun, chief economist for NAR, 17 percent of real estate a
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11/25/2013
Mortgage Rate News For The Week Of November 25, 2013 Scheduled economic news was varied last, but mortgage rates fell and jobless claims were much lower than expected. The minutes for last month’s FOMC meeting were released, and confirmed the Federal Reserve’s intention to leave its quantitat
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11/24/2013
Decorating Tips For Your Thanksgiving Day Thanksgiving is just a few days away, and if you’re hosting the family get together, that probably means you’ll be decorating. Below are a few tips that may help your creative juices flowing. Fall Leaves Decorations don’t have to be price
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11/21/2013
Economic Growth...There Is Hope The minutes from the meeting the Federal Reserve’s Federal Open Market Committee held the end of October were released Wednesday. The meeting began with a report from the Manager of the System Open Market Account and included updates on developments within dome
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11/20/2013
How To Save For That Down Payment Are you trying to save for a down payment on a home? In order to save up a huge amount of cash for the down payment on your first mortgage, you will need a solid savings plan. Taking out a mortgage on your new home as a first time homebuyer is a huge s
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11/19/2013
Home Builder Confidence Remains Strong The National Association of Home Builders released its Housing Market Index for November on Monday. This month’s HMI reading was 54 against expectations of a reading of 55. October’s reading was also 54 after being downwardly revised. Readings over 50 u
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11/19/2013
Maybe You Should Consider Refinancing Your Mortgage Refinancing a mortgage could be that golden opportunity to lock in today’s low interest rate for the next 15 or 30 years. Today's interest rates are still low, but there’s a good chance they will be heading up in the coming months. The Fe
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11/13/2013