The National Association of Home Builders (NAHB) released its Housing Market Index (HMI), showing another monthly gain — its ninth in a row.
Short Sales Outnumber Foreclosure Sales For Third Straight Quarter
Foreclosure-tracker RealtyTrac reports falling foreclosure sales nationwide as banks get better at selling homes via short sale.
What’s Ahead For Mortgage Rates This Week : December 17, 2012
Mortgage bonds worsened last week, moving mortgage rates higher.
Improving Market Index : Up To 201 Cities For December 2012
The Improving Market Index added 76 metropolitan areas in December as compared to the month prior.
Simple Explanation Of The Federal Reserve Statement (December 12 , 2012)
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday.
Mortgage Rates Rising On 26 Straight Months Of Jobs Growth
According to the Bureau of Labor Statistics (BLS) and its November 2012 Non-Farm Payrolls report, the U.S. economy added 146,000 net new jobs last month.
The Federal Reserve Begins A 2-Day Meeting Today
The Federal Open Market Committee (FOMC) begins a 2-day meeting today, its last of 8 scheduled meetings this year.
What’s Ahead For Mortgage Rates This Week : December 10, 2012
Mortgage bonds worsened last week as Fiscal Cliff talks moved closer to resolution and as the U.S. economy showed continued signs of growth.
Energy-Saving Tips For The Holiday Season
The holiday season can be full of excesses. Don’t let your energy bill be one of them.
November 2012 Non-Farm Payrolls Report May Show Hurricane Sandy Effects
If you are currently in the market for, or are undecided about a mortgage, consider locking your mortgage rate today. Friday’s Non-Farm Payrolls report represents mortgage rate risk.
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