Tag Archives: Mortgage

Defaulting HELOCs: A Growing Concern

Daily Real Estate News | Thursday, June 09, 2016 In 2004, millions of home owners tapped into the equity of their homes through home equity lines of credit. Their 10-year grace periods are now done and they’ve had to start … Continue reading

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The Buyers Are Coming

Daily Real Estate News | Wednesday, May 25, 2016 Mortgage rates may have inched up slightly but that didn’t seem to deter home buyers from shopping for a loan last week. Mortgage application volume rose 2.3 percent week-over-week on a … Continue reading

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Average Time to Close: 44 Days

Daily Real Estate News | Friday, May 20, 2016 For the second consecutive month, the average time to close all loans stayed at 44 days, suggesting that new mortgage rules that took effect this fall are having less of an … Continue reading

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Mortgage Rates Drop to 3-Year Lows

Daily Real Estate News | Monday, May 16, 2016 The 30-year fixed-rate mortgage averaged 3.57 percent in the most recent week, the lowest average in three years, Freddie Mac reports in its weekly mortgage market survey. “Disappointing April employment data … Continue reading

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HOA Fees Now May Affect Credit Scores

  Daily Real Estate News | Monday, May 09, 2016 A major credit reporting agency says it will soon take into account homeowner association fees. Home owners who are late on payments may soon see the effect on their credit … Continue reading

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NAR: Home Prices Maintain Strong Growth

Daily Real Estate News | Monday, May 09, 2016 Tight inventories of homes for sale helped push home prices higher in the first quarter. The median price of existing single-family homes rose in 87 percent or 154 of 178 of … Continue reading

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Rising Sales Contracts Make for Strong Spring

Daily Real Estate News | Wednesday, April 27, 2016 Pending home sales last month zoomed to the highest level in nearly a year, according to the National Association of REALTORS®’s Pending Home Sales Index, a forward-looking indicator based on contract … Continue reading

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4 Housing Predictions for the Rest of 2016

Daily Real Estate News | Monday, April 25, 2016 Freddie Mac economists are still upbeat about the housing market’s outlook for the rest of the year, despite recent data that showed a gloomier first quarter in economic growth than originally … Continue reading

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4 Factors Boosting Housing This Month

Daily Real Estate News | Monday, April 18, 2016 Warmer weather across the country is drawing more people to look at open houses and available homes this month, says Jonathan Smoke, realtor.com®’s chief economist. Here are four current housing market … Continue reading

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