Mortgages for single-family homes that are 90 days or more delinquent declined for the third consecutive month in February, Freddie Mac reports. Delinquencies on single-family homes dropped to 3.78 percent in February from 3.82 percent in January. What's more, delinquencies were lower than the 4.
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03/28/2011
Pending home sales increased in February but with notable regional variations, according to the National Association of REALTORS®.The Pending Home Sales Index, a forward-looking indicator, rose 2.1 percent to 90.8, based on contracts signed in February, from 88.9 in January. The index is 8.2 perc
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03/28/2011
While renting offers zero tax breaks, buying a home offers several tax benefits that can make homeownership more affordable. Real estate professionals need to be careful in providing detailed tax advice to clients to avoid lawsuits, but you can ensure clients have the information they need to und
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03/24/2011
What Is a 'Safe' Mortgage? Later this month, the Federal Deposit Insurance Corp. will consider new rules that define what a safe or "qualified" residential mortgage is as part of the Dodd-Frank financial overhaul law. Experts say the classification will likely have broad sweeping effects on the m
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03/24/2011