John Reising's (jreising) Blog

11678 E Appaloosa PL Scottsdale, AZ 85259 Upgraded home for sale in Stonegate -Scottsdale AZ Home   Photo Gallery   Virtual Tour   Property Map   Payment Info   Request Showing     Chad DeVries   Office: 602-952-5600 Mobile: 480-215-2415 Website: Visit Website Price : $519,900 Bedrooms : 3 Bathr...

The Bureau of Labor Statistics (BLS) Non-Farm Payrolls report for December exceeded Wall Street's expectations by 5,000 net new jobs, showing 155,000 positions created in December. The December tally raised the economy's 12-month total to 1.84 million net new jobs created nationwide. Jobs added i...

Mortgage rates in Phoenix rose during the first week of 2013. The fiscal cliff crisis was resolved prior to the market's opening Wednesday, when legislators voted to approve a deal. While many tax cuts were extended for taxpayers earning less than $450,000 annually, other facets of the fiscal cli...

Mortgage bonds worsened last week as Fiscal Cliff talks moved closer to resolution and as the U.S. economy showed continued signs of growth. Conforming mortgage rates in Arizona rose slightly, edging off the all-time lows late in November. According to Freddie Mac's weekly mortgage rate survey, t...

As the third quarter closed, home resales showed considerable momentum nationwide. The National Association of REALTORS® reports Existing Home Sales at 4.75 million units in September 2012 on a seasonally-adjusted, annualized basis, an 11 percent increase from one year ago. An "existing home" is ...

Mortgage markets worsened last week as hope for a European economic rebound and stronger-than-expected U.S. economic data moved investors out of mortgage-backed bonds. Mortgage rates all of types -- conventional, FHA and VA -- lost ground last week, harming home affordability in Phoenix and reduc...

  Mortgage markets improved slightly last week. With a dearth of new U.S. economic data due for release, investors turned their collective attention to the Europe, China, and the Middle East. U.S. mortgage rates fell slightly in the holiday-shortened week. The combination of civil protests, econo...

Mortgage markets worsened last week for the first time in a month as the U.S. economy showed signs of improvement, and the Eurozone stepped closer to launching its $500 billion euro rescue fund. Conforming mortgage rates in Arizona rose last week on the whole -- even though Freddie Mac's Primary ...

Mortgage markets improved for the second consecutive week last week as demand for U.S. mortgage-backed bonds remained high. A series of economic reports showed strength in housing and a stability in jobs. Wall Street looked past it, however, to send mortgage rates to their lowest levels in histor...

Mortgage markets worsened slightly in last week's holiday-shortened week. As expected, Wall Street took its cues from Europe and from the U.S. jobs market, and mortgage rates moved across a wide range. Home buyers in Scottsdale and would-be refinancing households were greeted with wildly varying ...