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Monthly Archives: October 2011
What’s Ahead For Mortgage Rates This Week : October 31, 2011
Mortgage markets moved across a wide range last week before, ultimately, finishing unchanged. The bailout of Greece both dominated headlines and dictated market direction. Continue reading
Pending Home Sales Index Slips For 4th Straight Month
Nationwide, fewer homes are going under contract to sell. Continue reading
New Home Inventory Keeps Sinking
Home builders continue to sell homes and work through inventory. Continue reading
Detroit Leads All Case-Shiller Cities In Home Price Improvement
Since bottoming out in March of this year, the Case-Shiller Index is up nearly 4 percent. Continue reading
Posted in Housing Analysis
Tagged Case-Shiller Index, Home Values, Standard & Poor's
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The Government’s Revamped HARP Program For Underwater Homeowners
The Federal Home Finance Agency announced big changes to its Home Affordable Refinance Program Monday. More commonly called HARP, the Home Affordable Refinance Program is meant to give “underwater homeowners” opportunity to refinance. Continue reading
Posted in Mortgage Guidelines
Tagged HARP, Home Affordable Refinance Program, Making Home Affordable
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What’s Ahead For Mortgage Rates This Week : October 24, 2011
Mortgage markets improved last week on worries that Eurozone leaders would decline to send aid to Greece. These concerns overshadowed optimism for the U.S. economy, the result of several strong data points. Continue reading
Despite 18% Contract Failure Rate, Home Resales Stay Strong
According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, September’s Existing Home Sales eased by 150,000 units, falling to 4.91 million units nationwide. Continue reading
Posted in Housing Analysis
Tagged Contract Failure, Existing Home Sales, Existing Home Supply
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Finding Truth In September’s Housing Starts Report
Wednesday, the Census Bureau released its September Housing Starts report. In it, the government said that national Housing Starts rose 15 percent in September as compared to August 2011, tallying 658,000 units on a seasonally-adjusted annualized basis. Continue reading
Homebuilder Confidence Rises on Surging Sales Volume, Foot Traffic
Homebuilder confidence is rebounding sharply. Continue reading
Posted in Housing Analysis
Tagged HMI, Housing Market Index, National Association of Homebuilders
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Foreclosure Rate Drops For The 12th Straight Month
Foreclosure activity continues to slow throughout the United States. Continue reading
