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Monthly Archives: March 2015
What’s Ahead For Mortgage Rates This Week – March 30, 2015
Last week’s economic reports included reports on new and existing home sales and FHFA’s monthly home price index for properties associated with Fannie Mae and Freddie Mac mortgages. The details: New Home Sales Surge, Existing Home Sales Drop According to … Continue reading
Posted in Uncategorized
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Just How High Can a Landlord Raise Your Rent Before It’s Illegal?
By: Rachel Stults When news broke last week that a San Francisco woman’s rent was increasing by 400% (yes, you read that right, 400%), we all clutched our pearls and muttered through clenched jaws, “Only in the Bay Area.” Except it’s not. … Continue reading
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Housing Inventory Slowly Disappearing
The price of any item is determined by the supply of that item, and the market demand. The National Association of Realtors (NAR) released their latest Existing Home Sales Report this week. Inventory Levels & Demand Amidst reporting on the … Continue reading
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Freddie Mac’s New 3% Down Program
Today, Freddie Mac is scheduled to start buying mortgages with down payments of only three percent – the first time down payments have been this low on Freddie Mac loans in nearly five years. The program is called Freddie Mac … Continue reading
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What’s Ahead For Mortgage Rates This Week – March 23, 2015
Last week’s events included the National Association of Home Builder’s Housing Market Index, which fell to its lowest reading since last summer. Other news included reports on housing starts and building permits, the FOMC meeting statement and Fed Chair Janet … Continue reading
Posted in FHFA, Housing Analysis
Tagged Case Shiller/ HPI, Financial Reports, Housing Market, Mortgage Rates, Mortgages Rates
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Billionaire Says Real Estate is Best Investment Possible
Billionaire money manager John Paulson was interviewed at the Delivering Alpha Conference presented by CNBC and Institutional Investor. During his session he boldly stated: “I still think, from an individual perspective, the best deal investment you can make is to buy a primary residence that you’re the … Continue reading
Posted in Uncategorized
Tagged Billionaire, Institutional Investor, investment, John Paulson, subprime mortgage
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Don’t Let Your “Luck” Run Out
The 30-year fixed mortgage interest rate is currently still below 4%. Many buyers may be on the fence as to whether to act now and purchase a new home, or wait until next year, believing they still … Continue reading
Posted in Home Buyer Tips, Homebuyer Tips, Mortgage Tips
Tagged mortgage interest rates
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What’s Ahead For Mortgage Rates This Week – March 16, 2015
Last week’s economic reports included job openings, retail sales, retail sales except automotive, consumer sentiment for March and the usual reports on weekly jobless claims and mortgage rates. Job Openings Highest in 14 Years The Labor Department reported that job … Continue reading
Posted in FHA, FHFA, Housing Analysis, Mortgage Rates
Tagged Case Shiller/ HPI, Financial Reports, Housing Market, Mortgage Rates
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FSBO’s Must Be Ready to Negotiate
Now that the market has showed signs of recovery, some sellers may be tempted to try and sell their home on their own (FSBO) without using the services of a real estate professional. Real estate agents are trained and … Continue reading
What’s Ahead For Mortgage Rates This Week – March 9, 2015
Last week’s economic news was light on housing related reports, but several employment reports were released along with the national unemployment rate, which dipped to 5.50 percent. This was a full point below the Federal Reserve’s original target rate of … Continue reading