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2 April 2014
Last year was a strong one for purchases of vacation homes, which jumped by nearly one-third over their 2012 levels, according to figures released today by the National Association of Realtors (NAR).
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28 March 2014
Fannie Mae is extending a special offer that provides closing costs assistance for homebuyers purchasing a foreclosed property from their inventory, in response to strong demand for the program.
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27 March 2014
What's the state of your local housing market? Everyone would like to know, particularly before buying or selling a home.Now, Freddie Mac has just released a new tool to help you assess whether your local market is sluggish, overheated or in pretty good balance.
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20 March 2014
Mortgages are closing more quickly, while credit requirements for obtaining a loan have eased significantly over the past year, according to a new industry report.
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12 March 2014
Mortgages with as little as 5 percent down would still be allowed under a Senate proposal for replacing Fannie Mae and Freddie Mac, with first-time homebuyers allowed to put down as little as 3.5 percent.
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6 March 2014
How's the housing market doing in your part of the country? The Federal Reserve released its latest "Beige Book" report on Thursday, providing a snapshot of economic conditions in each of the Fed's 12 districts across the country, including residential mortgage and real estate activity.
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4 March 2014
U.S.home prices posted a 12 percent gain in last year, with three states actually reaching new record highs, according to figures released today by the real estate data company CoreLogic.
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25 February 2014
By most projections, buying a home is going to get less affordable this year.But does it matter?.
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14 February 2014
In a big break for borrowers with damaged credit, mortgage giant Wells Fargo is easing back into the market for subprime loans.
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10 February 2014
More than 3 million mortgages have now been refinanced through the Home Affordable Refinance Program (HARP), a milestone the once-beleaguered federal program reached in November.
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7 February 2014
As many as half of all homeowners have never refinanced their mortgages, despite Further information:.
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28 January 2014
Tonight's State of the Union message will be when President Barack Obama lays out his proposals and goals for the coming year.Will housing and mortgages be part of the mix?.
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27 January 2014
There appears to be a consensus building that the Federal Reserve will announce further steps to scale back its economic stimulus efforts at the conclusion of this week's meeting on Wednesday.
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21 January 2014
The reduced FHA loan limits that took effect at the end of last year are expected to have an outsized effect on minority borrowers and potential homebuyers in metropolitan areas in general, according to a new analysis from the Urban Institute.
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15 January 2014
Small lenders are complaining about the new qualified mortgage (QM) rules that took effect last week, saying they put an undue burden on them and limit their ability to offer certain types of mortgages their customers demand.
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9 January 2014
The new federal rules for "qualified mortgages" go into effect on Jan.10.But that doesn't mean you're out of luck if you're a borrower who needs a home loan that doesn't meet those guidelines.
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7 January 2014
Young buyers often rely on family assistance in raising the money for a down payment on their first home.Until recently, though, they still had to come up with a big chunk of their own dough in order to qualify for a conventional loan.
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3 January 2014
High-income borrowers obviously have financial advantages when it comes to seeking a mortgage.But they're also more likely to pursue strategies that help them find the best deal, strategies their fellow borrowers might do well to adopt.
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26 December 2013
Mortgage borrowers who lose their homes to foreclosure or face financial difficulties due to being underwater on their loan could face another hit in 2014 - a big tax bill.
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