Des Moines Iowa Real Estate Market Recap – Week of May 18th

May 27, 2009

What’s The Real Estate Market Doing? Do you ever wonder how our real estate market is here in Des Moines? Unfortunately, we spend a lot of time listening to how rough things are in other cities around the country, but too often we don’t really consider what our real estate climate is like. I’m a […]

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Mortgage Market and Rate Forecast – Week of May 25th

May 26, 2009

Preparing for a Holiday Week This week, traders will be coming back to work. The data with the largest potential impact on mortgage rates this week is directly related to the housing market.  There will be 3 separate, but important reports.  Each report is expected to show that housing is still weak, but not as […]

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Mortgage Market and Rate Recap – Week of May 18th

May 26, 2009

Data Comes In Under Expectations All last week, mortgage markets reacted poorly to housing data and employment data that came in lower than expected.  Overall, rates moved higher through the week. It was the third time in 4 weeks that mortgage rates were up as a general weekly move. Volatility at the End of the Week […]

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Is It Becoming Easier to Get a Mortgage?

May 19, 2009

The Truth Getting approved for a home loan isn’t getting easier, but it doesn’t appear to be getting much more difficult, either.  Which is good news really. Gathering Information In a quarterly survey to member banks, the Federal Reserve asked senior bank loan officers if “prime” residential mortgage guidelines have tightened in the last 3 […]

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Des Moines Iowa Real Estate Market Recap – Week of May 11th

May 19, 2009

What’s The Real Estate Market Doing? Do you ever wonder how our real estate market is here in Des Moines? Unfortunately, we spend a lot of time listening to how rough things are in other cities around the country, but too often we don’t really consider what our real estate climate is like. I’m a […]

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Mortgage Market and Rate Forecast – Week of May 18th

May 18, 2009

Preparing for a Holiday Week This week, there isn’t much news. Also, because of Memorial Day, trading will likely be very light towards Thursday and Friday. Surprisingly, It’s”calm” weeks like this that mortgage rates can make huge movements.  With no huge announcements against that traders can make big bets on, every piece of news can […]

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Mortgage Market and Rate Recap – Week of May 11th

May 18, 2009

A Good Week After a horrible start to the month of May, mortgage markets (finally) improved last week, pushing mortgage rates lower overall.  It was the first week since late-April in which mortgage rates fell. The biggest reason rates improved last week was because the positive conversation that was responsible for the stock market’s 30% […]

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Des Moines Iowa Real Estate Market Recap – Week of May 4th

May 17, 2009

What’s The Real Estate Market Doing? Do you ever wonder how our real estate market is here in Des Moines? Unfortunately, we spend a lot of time listening to how rough things are in other cities around the country, but too often we don’t really consider what our real estate climate is like. I’m a […]

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Why The Swine Flu Is Good For Mortgage Shoppers

April 29, 2009

Surprise!  Mortgage Rates Improve! Monday, mortgage markets improved with the new news of new Swine Flu cases.  It’s a classic example of ‘Safe Haven buying’ and today’s rate shoppers will see the benefits. Mortgage rates improved about 0.125 percent on Monday alone. Why’s It Happen? It’s not an official term, but “Safe Haven buying” is […]

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Des Moines Iowa Real Estate Market Recap – Week of April 20th, 2009

April 28, 2009

What’s The Real Estate Market Doing? Do you ever wonder how our real estate market is here in Des Moines? Unfortunately, we spend a lot of time listening to how rough things are in other cities around the country, but too often we don’t really consider what our real estate climate is like. I’m a […]

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