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Key Market Projections for 2014
The Mortgage Bankers Association forecasts $1.2 trillion in mortgage originations during 2014, a 32 percent decline from 2013. Here’s a look at more key stats projected for 2014. Originations: Purchase originations are projected to increase to $723 billion in 2014, up...
What Is DOM And How It Affects Your Home For Sale
Oh, the dreaded/happy DOM question. “How long has this house been up for sale?” If it’s your home for sale we’re talking about, you’re probably wondering about the split “dreaded/happy” bit.
Buying A Home That's Not For Sale
Youâre ready to purchase a home, but youâve looked at everything on the market and canât find the perfect place. Youâve researched the school districts, neighborhoods and nearby amenities, and you know exactly in which area you want to live.
FOMC Statement Shows Tapering Of Quantitative Easing Purchases
According to a statement provided by the Federal Open Market Committee of the Federal Reserve, the committee has approved another reduction of the Fed’s monthly asset purchases.
What's Ahead For Mortgage Rates This Week – February 03, 2014
Last week brought mixed news; while the Department of Commerce reported a dip in new home sales, mortgage rates also fell. The Federal Reserve’s FOMC statement revealed that quantitative easing would be further reduced by an additional $10 billion monthly.
3 Tips To Get The Most Out Of Your Plumbing
Everyone wants their pipes to last as long as possible, but there are a couple of simple problems that might be sucking the life out of your plumbing. Long-term stress is the enemy, when it comes to your water system.
Case Shiller Price Index Shows Homeowners A Rise In Home Equity
According to the S&P/Case-Shiller 10 and 20-City Home Price Indices released Tuesday, the U.S. Housing Market is on a roll based on year-over-year increases in average home values, but month-to-month results were mixed.
CFPB Updates Settlement Cost Booklet
Earlier this month the Consumer Financial Protection Bureau updated the real estate settlement cost booklet "Shopping for yor home loan". The booklet was which originally prepared by the U.S. Department of Housing and Urban Development (HUD). According to the CFPB,...
What's Your Home's Real Value?
As a society, it seems like we’ve gotten away from appreciating our homes for their emotional and sentimental worth. Instead, we focus solely on their monetary value.
Existing Home Sales Reach Highest Level In 7 Years
The NAR provided great year-end news as existing home sales in December pushed 2013 sales of existing homes to a 7 year high.