Tag Archives: Economy

Fixed Mortgage Rates Continue To Find New Lows Daily Real Estate News, May 27, 2011 For the sixth straight week, fixed mortgage rates inched down, reaching new lows for 2011. The 30-year fixed-rate mortgage averaged 4.60 percent this week while … Continue reading

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It’s said that when the going gets tough, the tough get going. By Ronald L. Phipps, President, National Assoc. of Realtors, February 28, 2011 In the world of real estate, the going has been tough—and we have been going. These … Continue reading

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By Kathleen M. Howley, Bloomberg-Boston, February 8, 2011 Homebuilder executives and economists predict a post-Super Bowl bounce in demand for residential construction as Americans turn their attention from football to another national pastime: house hunting. The chief executive officers of … Continue reading

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By Blake Ellis,  CNN Money Sales of existing homes jumped in December, marking the fifth month of gains in the past six months, based on an industry report released Thursday. Previously-owned home sales climbed 12.3% in December to an annual … Continue reading

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By Sarah Max, November 2, 2010 (MONEY Magazine) — Just when it looked as if mortgage rates couldn’t fall any further, they did. Rates on 30-year fixed-rate mortgages (excluding jumbos) hit an average of 4.3% in September, the lowest level … Continue reading

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By Walter Molony , Realtor.org, Washington, DC, 12/02/2010 Pending home sales jumped in October, showing a positive uptrend since bottoming in June, according to the National Association of REALTORS®. The Pending Home Sales Index,* a forward-looking indicator, rose 10.4 percent … Continue reading

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Washington, October 25, 2010 Existing-home sales rose again in September, affirming that a sales recovery has begun, according to the National Association of Realtors® (NAR). Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, jumped 10.0 … Continue reading

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By Nathan Becker, The Wall Street Journal, 10/15/2010 Longer-term mortgage rates declined the past week, with the average rate on 30-year fixed-rate mortgages furthering its all-time low for the third consecutive week to 4.19%, according to Freddie Mac’s weekly survey … Continue reading

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WASHINGTON (October 6, 2010) – Nearly eight out of 10 respondents believe buying a home is a good financial decision, despite ongoing challenges with the economy and housing market. That’s according to the 2010 National Housing Pulse Survey, an annual … Continue reading

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Thirty-year fixed mortgages slipped to 4.27 percent this week, the lowest on records dating back to 1971, from 4.32 percent last week. A drop in interest on 15-year loans to 3.72 percent from 3.75 percent, meanwhile, was the lowest on … Continue reading

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