Federal Tax Deadline Extended To April 17, 2012

February 8, 2012

For the 3rd time in 7 years, your federal income taxes will not be due April 15. They’ll be due Tuesday, April 17 instead.

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Monthly Mortgage Payments Down 13% Since February 2011

February 7, 2012

You could save 13% on your mortgage as compared to one year ago.

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Mortgage Rates May be on the Rise This Week

February 6, 2012

Very Little Economic  Data Set to Come Out This week, with little economic data due for release, mortgage rates are expected to move on momentum. Right now, that momentum is causing rates to rise. If you’re shopping for a mortgage rate in Ankeny and want to know if the time is right to lock, consider […]

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Last Week’s Jobs Report Exceeded Economists Expectations

February 6, 2012

Mortgage markets worsened last week as domestic job growth surprised Wall Street and the Eurozone moved yet one more step closer to reaching a lasting Greece sovereign debt solution.

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Mortgage Guidelines are Starting to Loosen Up

February 3, 2012

After a half-decade of tightening mortgage guidelines, banks are starting to “loosen up”.

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Friday’s Jobs Report Could Bring an End to Current Near All-Time Low Rates

February 2, 2012

It’s a risky time to be without a locked mortgage rate — especially with the pending release of January’s Non-Farm Payrolls report.

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Case-Shiller is a Misleading Indicator of Current Housing Market

February 1, 2012

According to the Case-Shiller Index, home values fell in 19 of 20 tracked markets in November 2011.

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New Home Sales Report Suggests Housing Market Recovery is Underway

January 31, 2012

According to the Census Bureau, the number of new homes sold in December 2011 slipped 2 percent to 307,000 units on a seasonally-adjusted, annualized basis nationwide.

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Friday’s Jobs Report Will Play a Key Role in Rate Movement This Week

January 30, 2012

A Large Amount of U.S. Economic Data Due for Release Mortgage rates are poised to move. Unfortunately, we can’t know in which direction. Some of the news that will move markets include : Monday : Personal Consumption Expenditures Tuesday : Consumer Confidence; Case-Shiller Index Wednesday : Construction Spending Thursday : Weekly Jobless Claims Friday : […]

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Mortgage Rates Dropped to Near All-Time Lows Again Last Week

January 30, 2012

Conforming mortgage rates rallied from Wednesday through Friday’s close, ending the week near all-time lows set earlier this year.

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