Signs Of Health In The New Home Sale Market The holiday season and winter weather slowed home sales in November. Last week, the NAR reported that sales of existing homes had slumped to their lowest level in nearly a year, but this was not unexpected. Short supplies of available homes and ri
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12/30/2013
Tapering Of Quantitative Easing Program To Start In January Housing Starts exceeded expectations and also beat October’s reading of 889,000. November housing starts were posted at 1.09 million against a consensus of 963,000. This reading is more in line with the NAHB/Wells Fargo Home bu
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12/18/2013
Housing Market Index Shows Builder Confidence Is On The Rise According to the National Association of Homebuilders/Wells Fargo Homebuilders Market Index for December, builder confidence recovered in with a reading of 58. This surpassed both expectations of 56 and last month’s reading of 5
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12/17/2013
What Is An Escrow Account? Things You Need To Know Whether you are buying a new home or you are applying to refinance your current home, there is a good chance are the lender will require an escrow account. These accounts can be a source of confusion for homeowners. The following article shou
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12/16/2013
Mortgage News For The Week Of December 16, 2013 Mortgage Debt Rises For First Time Since Recession Last week was fairly quiet concerning scheduled housing-related news. Even with the Federal Reserve’s financial accounts report, released on Monday. Reports indicated that mortgage debt
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12/15/2013
Calling All Agents! FHA Loan Limits To Decrease January 1st, 2014 In Arizona where I live and work this is whats happening, but for what's happening in your neck of the woods check this report out. The following counties will be decreased to the NEW FHA loan limit of $271,050 Apache Gi
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12/14/2013
Don't Let Winter Roof Maintenance Delay Santa's Landing When the weather outside gets frightful but the holiday cheer is delightful, roof maintenance is probably not at the top of your to do list. Taking care of your roof is an important part of home maintenance and you don’t want to suffer a
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12/12/2013
Locking In That Interest Rate Interest rates can fluctuate frequently, most often it depends on what is happening in the news. If you are considering refinancing your home, your loan officer may suggest locking in the interest rate on your loan. There are some valid reasons why this is a good
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12/11/2013
Will Making Biweekly Mortgage Payments Really Make a Difference? Have you been considering paying off the mortgage on your home in two biweekly payments rather than one monthly payment? This may seem like it wouldn’t make a difference, but the truth is that biweekly payments really do add up
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12/10/2013
What You Will Find On The HUD-1 Settlement Statement Are you preparing for a closing on your refinance or home purchase, one of the documents you will be provided with a few days before closing is a HUD-1 Form. This form provides you with a wealth of valuable information about your loan.
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12/09/2013
