Monthly Archives: September 2013

Part-time earnings may not count for a mortgage

Part-time earnings may not count when seeking a mortgage By Kenneth R. Harney September 27, 2013 WASHINGTON – It’s an issue that hasn’t gotten much attention but should be a red alert for first-time buyers and others who supplement their … Continue reading

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Bank Mortgages Increased in 2012

By Nick Timiraos, The Wall Street Journal   Banks made more mortgages last year than in any year since the housing downturn struck in 2007, buoyed by interest rates that reached their lowest levels on record, according to federal lending … Continue reading

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Easing of Credit Requirements

Signs of an easing of credit requirements are surfacing By Kenneth R. Harney September 20, 2013 WASHINGTON – Could the end of the refinancing boom be stimulating slightly more favorable mortgage terms for home buyers? The latest comprehensive study of … Continue reading

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Home Price Growth Slows

Home-price growth slowing down, Case-Shiller says By Ruth Mantell September 24, 2013 WASHINGTON (MarketWatch) – U.S. home prices in July rose at the smallest monthly pace since March as most cities tracked by a gauge from S&P/Case-Shiller saw slower growth, … Continue reading

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Mortgage Rates Move Lower

Mortgage Rates Move Lower MCLEAN, VA–(Marketwired – Sep 19, 2013) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving lower amid signs of a weakening economic recovery, … Continue reading

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Investors Move From Foreclosures to Standard Sales

With fewer foreclosed homes to buy, investors move to standard sales Investors who pounced on foreclosed homes now compete with regular buyers. Some economists warn that house flipping will hurt the market.

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Mortgage Rates Hold Steady

Mortgage Rates Hold Steady MCLEAN, VA–(Marketwired – Sep 12, 2013) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates relatively unchanged from last week following a mixed employment … Continue reading

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Where The Market Is Headed, Fannie Mae Chief Economist

Five key takeaways on America’s housing market By Alejandro Lazo September 11, 2013 Mortgage titan Fannie Mae depends on Douglas G. Duncan, its chief economist, to keep a close eye on the nation’s housing market. Duncan met with Times editors … Continue reading

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Real Estate Companies Show Optimism

Study of Real Estate Firms Shows both Optimism and Challenges WASHINGTON (September 10, 2013) – Most real estate firms are small, independent businesses that specialize in residential brokerage, with 69 percent of all firms expecting profitability to increase over the … Continue reading

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Poison Pill Killing Two Real Estate Measures

Poison pill would kill two real estate measures By Dan Walters   Published: Friday, Sep. 6, 2013 Senate Bill 391 would impose fees on real estate transaction documents to raise money for low-income housing, at least $300 million a year.

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