Tag Archives: Mortgage

First-Time Buyers May Face a Difficult Spring

Posted on March 23, 2016 by Erin Johnston

Daily Real Estate News | Tuesday, March 22, 2016 Millennials may finally be ready to buy this spring, thanks to an improving job market, low mortgage rates, and record apartment rents. But the big question: Will they be able to? … Continue reading →

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A Warning to Your Buyers: Closing Scam

Posted on March 21, 2016 by Erin Johnston

Daily Real Estate News | Monday, March 21, 2016 The Federal Trade Commission and the National Association of REALTORS® issued a warning to consumers to be mindful of a growing mortgage closing phishing scam that could leave buyers with no … Continue reading →

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Fed Leaves Rates Alone: What This Means for Mortgages

Posted on March 17, 2016 by Erin Johnston

Daily Real Estate News | Thursday, March 17, 2016 The Federal Reserve announced Wednesday that it will not raise interest rates as quickly as they had originally anticipated. The Fed dimmed its outlook as the economy showed signs of slowing. … Continue reading →

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Mortgage Rates Reverse Course, Inch Higher

Posted on March 4, 2016 by Erin Johnston

Daily Real Estate News | Friday, March 04, 2016 For the first time in two months, mortgage rates edged higher this week. “Treasury yields approached their highest level in a month, boosting the 30-year mortgage 2 basis points this week … Continue reading →

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Expect a Strong Spring Housing Market

Posted on February 29, 2016 by Erin Johnston

Daily Real Estate News | Monday, February 29, 2016 Recent housing and economic reports predict we’ll see solid spring home sales, according to Jonathan Smoke, realtor.com®’s chief economist. Here are some signs: On jobs: “Job creation — arguably the most … Continue reading →

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4 Must-Know Tips for Buying, Selling in 2016

Posted on January 29, 2016 by Erin Johnston

Daily Real Estate News | Friday, January 15, 2016 What do buyers and sellers need to know to be smart about the housing market in 2016? “The 2016 housing market is forecasted to be mainly a seller’s market, filled with … Continue reading →

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Market Unrest Pushes Down Mortgage Rates

Posted on January 22, 2016 by Erin Johnston

Daily Real Estate News | Friday, January 22, 2016 For the third consecutive week, mortgage rates edged down, with the 30-year fixed-rate mortgage continuing its run below 4 percent, Freddie Mac reports in its weekly mortgage market survey. “The Freddie … Continue reading →

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‘Remarkable Improvement’ in Foreclosures

Posted on January 13, 2016 by Erin Johnston

  Daily Real Estate News | Wednesday, January 13, 2016 The foreclosure crisis is becoming a fading memory for the housing market. Foreclosure inventory nationwide plunged 21.8 percent in November 2015 year over year, while completed foreclosures dropped by 18.8 … Continue reading →

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How to Assess the Real Cost of a Fixer-Upper House

Posted on January 6, 2016 by Erin Johnston

By: G. M. Filisko When you buy a fixer-upper house, you can save a ton of money, or get yourself in a financial fix. Make sure you have the time, skills, and desire to embark on home improvement projects before … Continue reading →

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