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Conforming Loan Limits Unchanged For 2012

Nov 25, 2011

In 2012, for the 7th straight year, the national, single-family conforming mortgage loan limit will remain at $417,000.

More Sales, Less Inventory : Home Prices Headed Higher?

Nov 23, 2011

The housing market continues to signal that a broad rebound is underway. In October, despite sparse home inventory, the number of properties sold increased 1.4% nationwide.

Maximum FHA Loan Limits Restored To $729,750

Nov 22, 2011

As signed into law last Friday, maximum FHA loan limits are — once again — as high as $729,750.

Housing Starts Rising; New Construction Turns The Corner?

Nov 18, 2011

Another day, another signal that the market for newly-built homes is improving. Single-Family Housing Starts rose to a seasonally-adjusted, annualized 430,000 units in October — a 4 percent increase from September and the highest reading in 3 months.

Homebuilders Getting Optimistic; Higher Home Prices Ahead?

Nov 17, 2011

Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21

Government Releases Additional HARP Guidance For Underwater Homeowners

Nov 16, 2011

Tuesday, Fannie Mae and Freddie Mac unveiled lender instructions for the government’s revamped HARP program.

Foreclosure Filings Climbing; 4 States Account For Half Of Nationwide Activity

Nov 15, 2011

According to foreclosure-tracking firm RealtyTrac, October’s foreclosure filings rose 7 percent to 231,000 filings nationwide. Activity concentrated in just 4 states nationwide — California, Florida, Michigan and Illinois.

Banks Resume Tightening Mortgage Guidelines

Nov 10, 2011

After a 2-year easing cycle, the nation’s biggest bank banks report that they’ve reversed course, and are raising the bar on mortgage approvals.

This Holiday Season, Think Twice Before Saving 15 Percent At The Register

Nov 9, 2011

With Halloween behind us, retailers are in the Holiday Spirit. Businesses know that consumers spent a median $556 on holiday gifts last year and they want this year to be just as strong.