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18 October 2013
Mortgage rates are down sharply following the agreement to end the federal government shutdown, easing fears that a default could damage the nation's credit rating.
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17 October 2013
Home improvement activity kicked into high gear in the third quarter of the year and is expected to continue to show strong gains well into 2014, according to a leading indicator from Harvard University.
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16 October 2013
It's gotten easier to obtain a mortgage loan over the past year, but credit requirements still remain high, particularly for borrowers seeking a standard conforming loan.
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11 October 2013
Housing and mortgage industry trade groups are banding together to press the Federal Housing Finance Agency (FHFA) to hold off on its plans to reduce the size of mortgages that can be approved by Fannie Mae and Freddie Mac.
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11 October 2013
Getting a preapproval has long been considered the first step in lining up a mortgage to buy a home.But like so many other things in the housing market these days, that's increasingly not the case.
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9 October 2013
Mortgages became a bit harder to qualify for in September, as lenders cut back on certain loan offerings, according to figures released today by the Mortgage Bankers Association (MBA).
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9 October 2013
The nomination of Janet Yellen by President Obama to be the new chief of the Federal Reserve is widely seen as a move that increases the likelihood that mortgage rates will remain low for the immediate future.
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7 October 2013
If you missed your chance at refinancing your mortgage at a super-low rate, the standoff over the raising the federal debt limit is giving you what may be one final opportunity.
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2 October 2013
The FHA and VA are still processing mortgages, but an inability to get critical information from other federal agencies could throw a wrench into mortgage applications across the board during the government shutdown.
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26 September 2013
Fixed mortgage rates dropped to their lowest levels since mid-July this past week, following the Federal Reserve's decision to maintain its current level of economic stimulus for the time being.
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24 September 2013
U.S.home prices continued to show strong gains in July, according to two major indices released today.
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19 September 2013
Financially stressed consumers are placing a higher value on keeping up with their mortgage payments, marking a return to precrash norms.
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18 September 2013
In a move that took many financial experts by surprise, the Federal Reserve today decided to maintain its pace of Treasury and mortgage bond purchases for at least another month and a half.
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17 September 2013
A major mortgage lender is cutting its lending costs to consumers, citing the improved quality of the loans it has been getting.
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12 September 2013
Fixed-mortgage rates held steady this week, with the averages on both 30- and 15-year loans unchanged following lackluster news on the employment front.
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11 September 2013
Refinance demand plummeted last week, with applications dropping by a seasonally adjusted 20 percent from the week before and falling to their lowest level in four years.
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10 September 2013
The number of homes with underwater mortgages dropped sharply in the second quarter of the year, thanks to increasing home values, according to a new report.
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5 September 2013
Mortgage rates moved higher this week, with fixed rates near their highest points reached since they began rising in late spring.
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4 September 2013
Older Americans have the AARP to advocate on their behalf.Now, a group of housing industry veterans has launched a similar organization with the stated goal of looking out for the interests of homeowners.
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28 August 2013
The number of people who committed to buy homes declined in July, as higher interest rates are showing their first signs of taking a toll on the housing market.
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