If you are currently in the market for, or are undecided about a mortgage, consider locking your mortgage rate today. Friday’s Non-Farm Payrolls report represents mortgage rate risk.
Tags: ADP, BLS, Non-Farm Payrolls | Category: The Economy | Comments Off
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This week, there is little on the U.S. economic calendar, save for Friday’s Non-Farm Payrolls report. Wall Street is expecting to see 80,000 net new jobs created in November, and a rise in the national Unemployment Rate to 8.0%.
Tags: Ben Bernanke, Consumer Confidence, Freddie Mac | Category: Mortgage Rates | Comments Off
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According the National Association of REALTORS® (NAR), the Pending Home Sales Index rose 5.2 percent in October, crossing the benchmark 100 reading, and moving to 104.8.
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According to a joint release from the U.S. Census Bureau and the Department of Housing and Urban Development, Housing Starts rose 3.6% in October 2012, climbing to a seasonally-adjusted, annualized rate of 894,000 units.
Tags: Census Bureau, Existing Home Sales, Housing Starts | Category: Housing Analysis | Comments Off
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The National Association of Home Builders (NAHB) released its Housing Market Index (HMI) Tuesday, which showed sharp, 5-point increase to 46 for November 2012,
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According to data from RealtyTrac, a national foreclosure-tracking firm, the number of foreclosure filings increased 3 percent in October as compared to September 2012, climbing to 186,455 U.S. properties.
Tags: Foreclosures, RealtyTrac, REO | Category: Housing Analysis | Comments Off
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There are many reasons why homeowners opt to refinance, from obtaining a lower interest rate, to shortening the term of the loan, to switching mortgage loan types, to tapping into home equity.
Tags: Loan Term, mortgage, refinance | Category: Personal Finance | Comments Off
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With less sunlight, colder temperatures, and shorter days ahead, it’s a good time to cross those last-minute maintenance items off your homeowner to-do list.
Tags: Cleaning, Home Repair, Home Safety | Category: Around The Home | Comments Off
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For homes governed by an HOA, membership in the homeowners association is a condition of purchase; buyer are not permitted to opt-out.
Tags: Condo, HOA, PUD | Category: Real Estate Definitions | Comments Off
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The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday.
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Using data compiled by real estate market data firm Altos Research, Forbes Magazine recently presented America’s most expensive ZIP codes for 2012.
Tags: Altos Research, Forbes, ZIP Codes | Category: Rankings | Comments Off
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The credit score average for approved mortgage applicant was 750 last month. From The Today Show from NBC, here are basic tips to maximize your FICO.
Tags: credit score, FICO, The Today Show | Category: Personal Finance | Comments Off
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According to the U.S. Census Bureau, on a seasonally-adjusted, annualized basis, Single-Family Housing Starts rose to 603,000 last month, an 11 percent increase from the month prior and the highest reading in more than 4 years.
Tags: Census Bureau, Housing Starts, Purchasing Power | Category: Housing Analysis | Comments Off
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Tuesday, the National Association of Homebuilders reported its monthly Housing Market Index (HMI) at 41, a one-tick improvement from September and the highest HMI value since June 2006 — a span of 77 months.
Tags: HMI, Housing Market Index, NAHB | Category: Housing Analysis | Comments Off
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Mortgage markets improved slightly last week. With a dearth of new U.S. economic data due for release, investors turned their collective attention to the Europe, China, and the Middle East. U.S. mortgage rates fell slightly in the holiday-shortened week.
Tags: China, Freddie Mac, Greece | Category: Mortgage Rates | Comments Off
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According to foreclosure-tracking firm RealtyTrac, in September, the number of foreclosure filings nationwide fell 7 percent from the month prior, and fell 16 percent from September 2011.
Tags: Foreclosures, RealtyTrac, Short Sales | Category: Housing Analysis | Comments Off
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Mortgage volume is expected to remain high through the end of 2012 and into 2013. Follow these steps to help close your loan on time, and with few headaches.
Tags: Advice, Appraisal, mortgage | Category: Personal Finance | Comments Off
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The minutes from the Federal Reserve’s September Federal Open Market Committee meeting were released Thursday.
Tags: Fed Minutes, FOMC, QE3 | Category: Federal Reserve | Comments Off
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For the third straight week, mortgage rates improved. This week’s jobs report threatens those gains, however.
Tags: China, Greece, QE3 | Category: Mortgage Rates | Comments Off
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According to the real estate trade association, the Pending Home Sales Index read 99.2 for August — the fourth straight month in which the index hovered near its benchmark value of 100.
Tags: NAR, Pending Home Sales Index, PHSI | Category: Housing Analysis | Comments Off
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