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 5260 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 146 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 65 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
3762 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
2823 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
1680 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
1330 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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JPMorgan Chase Rebuffs FHA Lending
91 ViewsFederal Housing Administration mortgages no longer make good business for JPMorgan. The largest U.S. bank has agreed to a $600 million settlement
Read more ...Reverse Mortgage Fees and Rates
797 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
Read more ...Mortgage realities beyond loan calculations
39 ViewsThere is more than simple Math to purchasing a home! The mortgage calculator is the first tool that potential home buyers use before applying for
Read more ...How to Consolidate Credit Card Debt?
208 Views1. Credit report verification Did you know that errors may appear in credit reports? It is important that you take time to review your credit
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Major Drop in the Rate of Unemployment – is it too good to be true?
52 ViewsThe US employment data for June have exceeded expectations, and the news has been released on a “Jobs Thursday”, in anticipation to the
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Rise in Mortgage Applications with Higher Purchase Volume
981 ViewsFor the third consecutive week, there has been a rise in mortgage applications due to the increase in purchase volume. Peak levels were reached in
Read more ...The Jobs Report and the Rise of U.S. Mortgage Rates
122 ViewsWhile all the market players were keeping their fingers crossed for the jobs report, U.S. mortgage rates rose. The increase occurred based on the
Read more ...Jumbo Mortgage Rates
98 ViewsWhat is a jumbo loan? As the very name suggests a Jumbo Loan is one that exceeds the conforming loan limit. The amount of money that you can
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