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Tag Archives: Mortgage Rates

October Jobs Report Blows Away Estimates; Mortgage Rates Falling

Posted on November 6, 2012 by admin

Mortgage rates are performing surprisingly well after Friday’s release of the October 2012 Non-Farm Payrolls report. Continue reading →

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New Home Supply Remains Firmly In “Seller’s Market” Territory

Posted on October 26, 2012 by admin

According to the U.S. Census Bureau, the number of new homes sold jumped to 389,000 units in September 2012 on a seasonally-adjusted, annualized basis. Continue reading →

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Buyers Win 6.6 Percent Increase In Purchasing Power

Posted on October 16, 2012 by admin

Home purchasing power is up 6.6% since the start of the year. Continue reading →

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FOMC Expected To Announce New Stimulus Today

Posted on September 13, 2012 by admin

The FOMC adjourns from a 2-day meeting today. Mortgage rates are expected to change — perhaps by a lot. Continue reading →

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Singe-Family Housing Starts Rise For 4th Straight Month

Posted on July 19, 2012 by admin

New construction housing is in a post-recession rally. Continue reading →

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Revisiting Housing Market Predictions For 2012

Posted on July 13, 2012 by admin

Analysts made bold calls at the start of the year about the housing and mortgage markets. How good were their predictions? Continue reading →

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Home Purchasing Power Jumps To New Highs

Posted on July 10, 2012 by admin

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. Continue reading →

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Mortgage Rate Risk Ahead Of Friday Morning’s Jobs Report

Posted on July 5, 2012 by admin

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. Continue reading →

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A Simple Explanation Of The Federal Reserve Statement (June 20, 2012)

Posted on June 20, 2012 by admin

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. Continue reading →

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Fed Minutes Causes Mortgage Rates To Rise Suddenly

Posted on April 4, 2012 by admin

The Federal Reserve has released the minutes from its last FOMC meeting. Mortgage rates are rising on the news. Continue reading →

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