What You Should Know Before You Move To A New Neighborhood

July 6, 2011

In this 5-minute piece from NBC’s The Today Show, you’ll learn a dozen complementary home-shopping techniques to help you review and evaluate a home for purchase. Each is focused on findings you won’t see listed on a website.

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Rates Might be on the Rise Again This Week

July 5, 2011

Friday’s Job’s Report is the Key This week, the big news will be June’s Non-Farm Payroll report, set for release Friday morning. If jobs growth is stronger-than-expected, stock markets should continue to post gains and mortgage rates should continue to rise. The jobs report is a market-mover. If you’re floating a mortgage rate and wondering […]

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Rates Worsened Last Week as Wall Street Posted Their Best 1 Week Gain in 2 Years

July 5, 2011

Mortgage markets worsened last week as Wall Street’s renewed optimism pushed equities to their best one-week gain in close to 12 months.

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Rates Fall to all Time Lows on Adjustable Rate Mortgages

July 1, 2011

The interest rate differential between fixed-rate and adjustable-rate mortgages continues to widen and has now reached historic levels. There’s never been a better time to lock an ARM.

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Summer Housing Market is Starting to Heat Up

June 30, 2011

According to data from the National Association of REALTORS, the Pending Home Sales Index smashed analyst expectations, jumping 8 percent on a monthly basis in May.

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National Average Home Values Rose for the First Time in a Year

June 29, 2011

Maybe homes are holding value better than we thought.

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Top 25 Least Expensive Cities in the U.S.

June 28, 2011

Cheaper Isn’t Always Better A report issued Mon­day by the U.S. gov­ern­ment showed core infla­tion ris­ing 2.5 per­cent in the last 12 months for its biggest one-year gain since Jan­u­ary 2010. Every­day liv­ing is becom­ing expen­sive, it seems. But there are some U.S. towns in which the cost of liv­ing remains afford­able — and down­right cheap — […]

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Mortgage Rates Could Go Either Way This Week

June 28, 2011

Very Little Data Set to Release Infla­tion data due Mon­day, hous­ing data due Wednes­day, and a series of con­fi­dence reports through­out the week — but there are 3 sched­uled trea­sury auc­tions that could pull rates up or down. Mon­day : 2-Year Trea­sury Note auction Tues­day : 5-Year Trea­sury Note auction Wednes­day : 7-Year Trea­sury Note auction […]

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Rates Improved Yet Again Last Week

June 28, 2011

Gas Prices are Also on Their Way Back Down Mort­gage mar­kets improved again last week on a revised eco­nomic out­look for the U.S. econ­omy, and ongo­ing con­cerns about Greece and its sov­er­eign debt. Con­form­ing mort­gage rates fell last week and now hover near the all-time lows set last November. Adjustable-rate mort­gages are espe­cially low. There were […]

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The Federal Reserve Meets This Week, Expect Volatility

June 21, 2011

Consider Locking In Prior to This Meeting Wednes­day, the Fed­eral Open Mar­ket Com­mit­tee adjourns from a 2-day meet­ing and any­time the Fed meets, there’s a good chance that mort­gage rates will move. The FOMC makes the nation’s mon­e­tary policy. The meet­ing adjourns at 12:30 PM ET and Fed Chair­man Ben Bernanke will fol­low with a […]

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