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Home Purchasing Power Jumps To New Highs
With mortgage rates down to all-time lows, you can buy a lot more home for your money these days. Home affordability is at an all-time high.
30-Year Fixed Rate Mortgage Rates Fall To 3.62% Nationwide
30-year fixed rate mortgage rates made new, all-time lows once again this week.
Mortgage Rate Risk Ahead Of Friday Morning's Jobs Report
Friday morning, the Bureau of Labor Statistics will release its Non-Farm Payrolls report. If you’re actively shopping for a mortgage, today may be a prudent day to lock a mortgage.
Pending Home Sales Index Hits A 2-Year High
In May, for the second time in 3 months, the Pending Home Sales Index crossed the 100 barrier.
FHFA : Home Values Up 3% Since Last Year
The Federal Home Finance Agency’s Home Price Index shows home values up 0.8% in April on a monthly, seasonally-adjusted basis.
New Home Sales Rise To 2-Year High
As reported by the Census Bureau, 369,000 new homes were sold last month on a seasonally-adjusted, annualized basis.
Existing Home Sales Slip 2% In May
Home resales slipped last month; a temporary setback for the housing market’s recovery.
Mortgage Rates Make New Lows At 3.66%
The national average 30-year fixed rate mortgage rate fell 5 basis points to 3.66% this week.
A Simple Explanation Of The Federal Reserve Statement (June 20, 2012)
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday.
Housing Starts Up 26% In Last 12 Months
Sometimes, the housing data headlines tell just half the tale. May’s Housing Starts figures are proving to be a terrific illustration.