Monthly Archives: January 2013

Eligibility for New Mortgage Tied to Reason For Home Loss

Reason for home loss plays role in eligibility for new mortgage You can qualify as soon as 24 months after a home loss if your issues were the result of “extenuating circumstances” over which you had no control. By Lew … Continue reading

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Home Price Indices

Home Prices Extend Gains According to the S&P/Case-Shiller Home Price Indices New York, January 29, 2013 ­ Data through November 2012, released today by S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home … Continue reading

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Sales Down in December, Trend Continues Up

Pending Home Sales Down in December but Remain on Uptrend WASHINGTON (January 28, 2013) – Pending home sales declined in December but have stayed above year-ago levels for 20 consecutive months, according to the National Association of Realtors®.

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California Foreclosures Lowest Since 2006

California: Foreclosure Starts Lowest Since 2006 January 23, 2013 La Jolla, CA.–The number of California homeowners pushed into the foreclosure process fell last quarter to the lowest level in six years, the result of rising home values, an improving economy … Continue reading

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Fixed Mortgage Rates Move Higher

Fixed Mortgage Rates Move Higher MCLEAN, VA–(Marketwire – Jan 24, 2013) – Freddie Mac (OTCBB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates moving higher from the previous week. The 30-year fixed … Continue reading

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Home Values Rise, Growth Rate Unsustainable

National Home Values Rose 5.9 Percent in 2012, But High Growth Rate Likely Unsustainable Stan Humphries January 21st, 2013 Zillow’s fourth quarter Real Estate Market Reports, released today, show home values increased 2.5% from the third to fourth quarter of … Continue reading

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Home Sales Dip in December, Prices Rise

Existing-Home Sales Slip in December, Prices Continue to Rise; 2012 Totals Up WASHINGTON (January 22, 2013) – Existing-home sales eased in December but are well above a year ago, while limited inventory maintained the upward momentum in home prices, according … Continue reading

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Home Selling Season is Early

Home selling season isn’t waiting until spring this year There are indications of an unusually early start to the 2013 season as buyers rush to get off the sidelines before home prices and mortgage rates go higher.

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Mortgage Rates Mostly Flat

Mortgage Rates Mostly Flat MCLEAN, VA–(Marketwire – Jan 17, 2013) – Freddie Mac (OTCBB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing mortgage rates largely unchanged from the previous week helping to keep homebuyer affordability … Continue reading

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California December Home Sales

California December Home Sales January 16, 2013 An estimated 39,760 new and resale houses and condos sold statewide last month, up 6.1 percent from 37,481 in November, and up 5.4 percent from 37,734 sales in

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