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Monthly Archives: August 2012

Mortgage Rates Drop For The First Time In 4 Weeks


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After 4 weeks of increases, mortgage rates finally recede nationwide. Continue reading

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Pending Home Sales Index Makes New High For 2012


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In July, the third time this year, the Pending Home Sales Index crossed its benchmark value of 100, moving to 101.7. Continue reading

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New Home Sales Reach Multi-Year High


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As reported by the U.S. Department of Commerce, 372,000 new homes were sold in July on a seasonally-adjusted, annualized basis. Continue reading

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Government : Home Prices Up 3.0% In Last 12 Months Nationwide


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According to the Federal Home Finance Agency’s Home Price Index, home prices rose by a seasonally-adjusted 0.7 percent between May and June 2012. The index is now up 3.0% over the past 12 months, and made its biggest quarterly gain since 2005 last quarter. Continue reading

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Top Mid-Sized U.S. Cities For 2012


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From a list of 744 eligible towns nationwide, Carmel, Indiana ranked first in CNNMoney’s Top Places To Live 2012. Continue reading

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Mortgage Rates Dropping After Release Of Fed Minutes


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Eariler this week, the Federal Reserve released the minutes from its 2-day meeting which ended August 1, 2012. Since the release, mortgage rates have dropped. Continue reading

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Existing Home Sales Rise To 4.47 Million


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Home resales climbed 2% last month as the housing market continues its slow, steady recovery. Continue reading

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States With The Highest And Lowest Closing Costs, 2012


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Mortgage rates are lower this year, and closing costs are, too. Continue reading

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