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2010
Why You Shouldn't Put Too Much Faith In October's Case-Shiller Index The Case-Shiller Index posted awful numbers in its most recent reading. Each of the index's 20 tracked markets showed home price deterioration between September's and October's respective report. Some markets fell as much as 2...
12/30/2010
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Housing And Mortgage Predictions For 2011 With 2010 coming to a close, the "experts" are out in full force, making predictions for next year's housing and mortgage markets on business television and in the papers. Predictions for 2011 are wide-ranging: Some say home prices will rise in 2011 Some ...
12/29/2010
New Home Sales Rise In November; Hint At Strong Winter 2011 Like most housing data in November, the most recent New Home Sales report showed sales volume increasing last month, and home supplies falling. According to the U.S. Department of Commerce, sales of new, single-family homes increased t...
12/28/2010
What's Ahead For Mortgage Rates This Week : December 27, 2010 Mortgage markets worsened again last week as the holiday-shortened sessions did little to buck recent momentum. Although Freddie Mac reported mortgage rates dropping 0.02% from the week prior, loan officers on the street will report...
12/27/2010
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Home Inventory Dwindles Into The New Year Existing Home Sales jumped another 6 percent in November, the report's third month of improvement since bottoming in July. According to the National Association of REALTORS®, a quarter-million more existing homes were sold during the annual period endin...
12/23/2010
Housing Starts Rise In November, But With A High Margin Of Error The number of single-family Housing Starts increased in November, adding 30,000 units as compared to October. The Census Bureau defines a "housing start" as a home on which construction has started. November's starts represents a ...
12/22/2010
Foreclosure Activity Plunges (But With An Asterisk) According to foreclosure-tracking firm RealtyTrac, the foreclosure filings fell 21 percent in November to 262,339 units nationwide. A foreclosure filing is defined as default notice, scheduled auction, or bank repossession. November marked the...
12/21/2010
What's Ahead For Mortgage Rates This Week : December 20, 2010 Mortgage markets worsened again last week as belief in a U.S. recovery and concerns for inflation took hold on Wall Street. Conforming mortgage rates rose in Michigan for the 6th straight week. According to Freddie Mac's weekly Prim...
12/20/2010
Why Builder Confidence Surveys Matter To Buyers Of New Homes Home builder confidence is holding firm this month, according to the National Association of Home Builders. The group's monthly Housing Market Index survey posted 16 for December. That's the same value as from November. It's also equa...
12/17/2010
Simple Real Estate Definitions : Loan-Level Pricing Adjustments Loan-level pricing adjustments are mandatory loan fees based on a borrower's specific default risk. First introduced in 2008, LLPAs were Fannie Mae's and Freddie Mac's logical response to massive balance sheet losses. At the time, ...
12/16/2010
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