Monthly Archives: August 2013

Mortgage Rates Fluctuating

Mortgage Rates Fluctuating Over Taper Turbulence MCLEAN, VA–(Marketwired – Aug 29, 2013) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving lower from the previous week as … Continue reading

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July Pending Home Sales Slip

July Pending Home Sales Slip WASHINGTON (August 28, 2013) – Pending home sales were down in July, with higher mortgage interest rates slowing the market, according to the National Association of Realtors®.

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Red-Hot Housing Market Cooling Slightly

Red-hot housing market is cooling slightly Data show home prices aren’t rising as fast as they did earlier this year, and multiple-bid competitions aren’t as intense as inventories of homes increase.

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Existing Home Sales Spike in July

Existing-Home Sales Spike in July WASHINGTON (August 21, 2013) – Existing-home sales rose strongly in July, with the median price maintaining double-digit year-over-year increases, according to the National Association of Realtors®

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New Rules for Short Sales

New Rules For Short Sales by Benny L. Kass Aug 13, 2013 Negotiation of a short sale deficiency agreement or any other type of mortgage collection forbearance with a seller’s mortgage lender is not within the scope of a real … Continue reading

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Mortgage Rates Hold

Mortgage Rates Hold MCLEAN, VA–(Marketwired – Aug 15, 2013) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS®), showing average fixed mortgage rates largely unchanged from the previous week after bouncing around over … Continue reading

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FHA eases rules for credit-impaired applicants

FHA eases rules for some credit-impaired applicants by Ken Harney Aug 19, 2013 In a move designed to more fairly treat borrowers whose credit reports contain collections actions and disputed debt accounts, the Federal Housing Administration has eased previous rules … Continue reading

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Home Prices Continue to Increase in May 2013 According to the S&P/Case-Shiller Home Price Indices July 30, 2013 Data through May 2013, released today by S&P Dow Jones Indices for its S&P/Case-Shiller Home Price Indices, the leading measure of U.S. … Continue reading

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Rapid home price gains will slow

Rapid home price gains will slow By Les Christie August 1, 2013 While double digit gains have been common, home appreciation is projected to drop to 6.5% during the 12 months ending March 31, 2014, according to a report released … Continue reading

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Mortgage Rates Seesaw

Mortgage Rates Seesaw MCLEAN, VA–(Marketwired – Aug 1, 2013) –  Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates increasing while still remaining relatively low helping to support the … Continue reading

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