Mortgage rates reflect the changes in economic data; this interrelation is a reality that doesn’t change. When the economy is weak, rates go down and vice versa. Nevertheless, in today’s
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Major Drop in the Rate of Unemployment – is it too good to be true?
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The US employment data for June have exceeded expectations, and the news has been released on a “Jobs Thursday”, in anticipation to the Independence Day Holiday. Economists had estimated an
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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
2822 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
1678 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
1328 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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Third and largest insurance purchase by Freddie Mac to offset as much as $285 million of losses on a pool of US home loans.
114 ViewsIt’s a risk-sharing attempt that relies on regulators’ support. Freddie Mac made an email statement on the subject of the policies. These
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Mortgages and Discriminations – Green is the only color that should matter!
27 ViewsAlthough everybody’s money looks green, there are lots of voices that make accusations of discrimination in mortgage approval. The starting
Read more ...Reverse Mortgage Fees and Rates
796 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 ...Why is credit score important?
69 ViewsWhy can some people get a loan easily and others don't? This is a big question given the fact that lots of people are rejected or sold loans on very
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Housing Market Projects Are Looking Brighter for the Spring
2822 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
Read more ...Reverse Mortgage Fees and Rates
796 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 ...Obamas and Bidens Diverging in Home Loan Refinancing
65 ViewsDespite encouraging homeowners to refinance their home loans to lower interest rates, President Barack Obama, has not taken advantage of this
Read more ...US Construction Spending on a Record Rise Despite Sluggish Economy
1678 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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