11/6/2009 1:44:00 PM
NO CHANGE FROM FED
Two of the most highly anticipated economic events of the month took place this week, but their impact on mortgage rates was small. The Fed made few changes in its policy statement, and the Employment data was not much of a surprise to most investors. While ...
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11/5/2009 3:57:00 PM
Homebuyer Tax Credit Extended!
House votes to expand homebuyer tax credit By STEPHEN OHLEMACHER (AP) – 11/5/09 WASHINGTON — Buying a home is about to get cheaper for a whole new crop of homebuyers — $6,500 cheaper. First-time homebuyers have been getting tax credits of ...
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8/3/2009 7:39:00 AM
High End Home Sales still SLOW!!!
By NICK TIMIRAOS and JAMES R. HAGERTY KENILWORTH, Ill. -- Housing is fast dividing into two markets: Sales of low- and moderately priced homes are picking up and values have stopped falling in some parts of the nation. But on the upper end, sales remain mired ...
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7/17/2009 10:55:00 AM
Mortgage Rates are going up, up, up
Stock Rally Pushes Mortgage Rates Higher While the economic data released during the week generally matched expectations, the outlook for future economic growth improved due to strong earnings reports, tame inflation data, and a revised forecast from the Fed. ...
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7/17/2009 8:15:00 AM
Money - from Key Mortgage, LLC
It's no secret that many facets of lending and real estate have changed as a result of the credit crisis. In addition to tightened lending practices that resulted from rising mortgage delinquencies, Washington has been heavily involved in altering the ...
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7/10/2009 4:48:00 PM
How the New Government Regulations May Impact Your Closing Dates
On July 30, 2009, the new Housing and Economic Recovery Act (HERA) laws will go into effect. They require all mortgage lenders and mortgage brokers to help prevent deceptive lending practices and protect customers by helping them become more informed. We're ...
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7/10/2009 12:28:00 PM
Selling your property quickly in a slow market
My last listing received an accepted offer 2 1/2 weeks after I listed the property and got it into the MLS. When the market shows that on average only one house per month is selling in that same area, how is that possible? It is even more important in a slow ...
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7/10/2009 12:26:00 PM
Strong Treasury Auctions Lower Mortgage Rates
Strong Treasury Auctions Lower Mortgage Rates With a light schedule for economic data, Treasury auctions had the greatest impact on mortgage rates during the week. Strong demand for the auctions and declines in the stock market helped mortgage rates end the ...
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7/2/2009 12:33:00 PM
Mortgage Rates
Mortgage Rates Hold Steady There was very little daily movement in mortgage rates during the holiday-shortened week, and they ended the week nearly unchanged. The economic news during the week contained few surprises. Following better than expected results ...
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6/1/2009 1:19:00 PM
GMAC Real Estate - What is the future?
The news is full of the GM bankruptcy and the bail out and some people might think that has something to do with GMAC real estate. It does not. We just received this from John Bearden, the CEO of GMAC Real Estate To: GMAC Real Estate Sales-Partners From: John ...
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