Monthly Archives: October 2012

Mortgage Rates Expected To Creep Higher

Record Low Rates May Be Behind Us Mortgage applications slow as rates rise Mortgage applications fell in mid-October to their lowest level since August. At the same time, Zillow’s Mortgage Marketplace reported a slight increase in the rate for a … Continue reading

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Foreclosures Hit a 5-Year Low

Filings Down 16% Year-Over-Year   Lowest foreclosure activity level since 2007 RealtyTrac recently reported that September’s foreclosure filings (just over 180,000) were the fewest monthly filings recorded since July 2007. Month to month Total foreclosure filings fell 7 percent from … Continue reading

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Housing a Bright Spot In Economic Recovery

Federal Reserve Releases Latest Beige Book Not the facts, Ma’am The Federal Reserve’s Beige Book is updated eight times a year, two weeks before the Fed’s policymaking meetings in Washington, DC. Interestingly, there are no numbers or statistics cited in … Continue reading

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6 Straight Months of Rising Home Prices

Year-Over-Year Home Prices Continue To Improve   Prices increasing both year-over-year and month-over-month CoreLogic — one of the largest real estate data sources in the country — posted its latest Home Price Index Report recently, showing a 4.6 percent rise in national … Continue reading

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6 Straight Months of Rising Home Prices

Year-Over-Year Home Prices Continue To Improve   Prices increasing both year-over-year and month-over-month CoreLogic — one of the largest real estate data sources in the country — posted its latest Home Price Index Report recently, showing a 4.6 percent rise in national … Continue reading

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Protect Your Nest Egg

Protecting your home’s value is always a top priority, and the Mortgage Interest Tax Deduction is an important part of making homeownership a good investment. A resolution is pending in the House of Representatives to keep the deduction in its … Continue reading

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