The economic outlook, as seen by the economists of Freddie Mac, shows worrying signs of less than optimistic employment results and overall slowdown in the economy for the first quarter of the year.
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The Rise in the Trend of Refinancing through Home Equity Cash-Out
Comment Off 5257 ViewsCash-out refinancing is gaining popularity nowadays. With mortgage rates remaining low despite increasing home values, more and more people are now putting their home equities into good use. Home
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The Purchase of New Vacation Home: A Rush Decision?
Comment Off 136 ViewsA great summer vacation often gives people the feeling that what they are missing is a dream summer house of their own. Last year had an incredible 30% increase in vacation homes sales up to
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Peak Sales for Existing Home in July 2014
Comment Off 58 ViewsSo far this year, July registered peak sales for existing homes, according to the National Association of Realtors® (NAR). Sales increased 2.4% from June to a seasonally-adjusted yearly rate of 5.15
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Toll Brothers Revenue Grows, As More Units Are Sold
3750 ViewsToll Brothers Inc., a home building company based in Horsham Pennsylvania, announced a 29 percent increase in its quarterly revenue due to the sale
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Housing Market Projects Are Looking Brighter for the Spring
2800 ViewsUnemployment, the high cost of just about everything and bills piling up to the sky..We have been facing all these problems for awhile now. The
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US Construction Spending on a Record Rise Despite Sluggish Economy
1649 ViewsU.S construction data shows an unusual rise in spending despite the overall slowdown in the economy. Construction spending surged to an annual rate
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Varying Views of Economists on Falling Oil Prices for Home Construction
1285 ViewsFalling oil prices on housing has been one of the most controversial topics for economists. They view such idea from different perspectives. Some
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Real Estate Industry to Experience Economic Growth Beyond 2017
213 ViewsEconomic growth felt by multiple industries in the U.S. continue to bring about nationwide economic expansion. This expansion is expected to go on
Read more ...Reverse Mortgage Fees and Rates
772 ViewsAre Reverse Mortgages really that good a choice? The major concern with a Reverse Mortgage is that of high costs. There are various reasons for
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Third and largest insurance purchase by Freddie Mac to offset as much as $285 million of losses on a pool of US home loans.
108 ViewsIt’s a risk-sharing attempt that relies on regulators’ support. Freddie Mac made an email statement on the subject of the policies. These
Read more ...Checking the Backyard of Your Finances – Too Many Credit Cards?
92 ViewsYour credit report spills out “secrets” you may have forgotten about, long ago. It could be an unpleasant surprise to discover a large number of
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Modifications in mortgage interest deductions to stimulate homeownership!
179 ViewsIndustries that employ middle-class workers promote homeownership thanks to the mortgage interest tax deduction. There is also broad public support
Read more ...Credit Card Debt Consolidation – The Basics
168 ViewsLoan Requirements for Credit Card Consolidation A few basic concepts and aspects need to be clear before you attempt consolidation for credit card
Read more ...Buying a house that is NOT for SALE!
106 ViewsUnsolicited offers on your home: how would you respond to that? Buying your dream house may not be piece of cake at all, particularly when you're
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Disaster Areas – Home Loans and Appraisals
119 ViewsQuestion: What are the documentation requirements after the appraisal is completed for a subject property situated in a disaster
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