Monthly Archives: April 2013

Private Sector Mortgge-Backed Securities Disappearing

APRIL 25, 2013. Private sector involvement in the mortgage-backed securities market has practically disappeared By Gillian Tett

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U.S. Housing Recovery Taking Hold – Challenges Remain

U.S. Housing Recovery Taking Hold, but Challenges Remain Valerie White Senior Director, U.S. Public Financ Standard & Poor’s Ratings Services APRIL 22 – 12:59 PM After years of tenuous signals, the U.S. housing recovery is now finally on better footing, … Continue reading

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California Foreclosures Plunge – Lowest in 7 Years

April 23, 2013 The number of California homeowners entering the foreclosure process plunged to the lowest level in more than seven years last quarter. The unusually sharp drop in the number of mortgage default notices filed by lenders stems mainly … Continue reading

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Mortgage Rates Near Record Low

MCLEAN, VA–(Marketwired – Apr 25, 2013) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving lower for the fourth consecutive week continuing to support the ongoing housing … Continue reading

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Existing Home Sales Slip due to Limited Inventory

March Existing-Home Sales Slip Due to Limited Inventory, Prices Maintain Uptrend April 22, 2013 WASHINGTON – Existing-home sales eased in March from inventory constraints, which continued to pressure home prices, according to the National Association of Realtors®.

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California Home Sales

APRIL 18, 2013. An estimated 37,764 new and resale houses and condos sold statewide last month. That was up 31.5 percent from 28,719 in February, and up 0.8 percent from 37,481 sales in March 2012, according to San Diego-based DataQuick.

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Pre-Bubble Home-Buying Tactics Return

Home-buying tactics last seen during housing bubble are returning By Kenneth R. Harney April 12, 2013 WASHINGTON – They’re back after barely a decade: escalation clauses in real estate contracts, “naked” contingency-free offers and low-ball-priced listings designed to pull in … Continue reading

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Selling Optimism Leaps Upward

Optimism over selling leaps BY INMAN NEWS, THURSDAY, APRIL 8, 2013.   Nearly twice as many people think now is a good time to sell compared to a year ago, Fannie Mae reported today.

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Mortgage Rates Dip Lower

Mortgage Rates Dip Lower MCLEAN, VA–(Marketwired – Apr 4, 2013) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates dipping for the week amid recent data which indicates … Continue reading

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