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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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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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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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22 August 2013
Fixed mortgage rates moved sharply upward this week in anticipation that the Federal Reserve would signal that it would soon start scaling back its purchases of Treasury bonds that have served to keep interest rates low for the past four years.
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9 August 2013
Mortgage delinquencies have fallen to pre-recession levels, while the rate of new foreclosures is at its lowest level in more than six years, according to new figures from the Mortgage Bankers Association (MBA).
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6 August 2013
Thirty-year mortgages will still be around, but will likely be a bit more expensive under the proposal President Obama laid out today for replacing Fannie Mae and Freddie Mac.
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25 July 2013
Mortgage rates are down again this week, easing concerns that the recent increases might put a crimp in the recovering housing market.
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24 July 2013
U.S.home prices are up for a sixteenth consecutive month, rising a seasonally adjusted 0.7 percent in May, according to new figures from the Federal Housing Finance Agency (FHFA).
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18 July 2013
Mortgage rates cooled off this week, backing off their recent highs following Federal Reserve Chair Ben Bernanke's reassurances the Fed would not hasten to back off its program of Treasury bond purchases that produced record low rates over the past four years.
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17 July 2013
Yesterday's Senate confirmation of Richard Cordray as the undisputed head of the Consumer Financial Protection Bureau (CFPB) not only solidifies his status, but that of the bureau itself and the actions it has taken over the past two years.
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9 July 2013
Mortgage credit eased slightly in June, indicating that was somewhat easier to get a mortgage loan than in May, according to information released today by the Mortgage Bankers Association (MBA).
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1 July 2013
The recent rise in mortgage rates may be spurring home sales, motivating buyers to act quickly while rates are still low.
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26 June 2013
Mortgage rates posted their biggest single-week gain since 2011 last week, with the average on 30-year fixed-rate loans increasing by nearly three-tenths of a percent.
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12 June 2013
The number of homeowners with underwater mortgages continues to fall, with another 850,000 mortgages returning to positive equity in the first quarter of the year.
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6 June 2013
Mortgage rates continued to rise this week, with the average on 30-year rates jumping another one-tenth of a percent in the weekly Freddie Mac rate survey.
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9 May 2013
Mortgage rates headed higher this week on the strength of a better-than-expected employment report, ending five straight weeks of declines that sent average rates on some loan types to new record lows.
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8 May 2013
Analysts are feeling more bullish about 2013 home price gains than they were just a few months ago, they're also becoming slightly more pessimistic about the long-term picture for the housing market.
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