Monthly Archives: November 2013

Federal Tax Aid for Homeowners in Danger of Expiration

Key federal tax aid for homeowners in danger of expiration By Kenneth R. Harney Nov. 17, 2013 WASHINGTON – Haven’t we seen this movie before? On Capitol Hill for the second year in a row, key federal tax assistance for … Continue reading

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Fixed Mortgage Rates Climbing

Fixed Mortgage Rates Climbing MCLEAN, VA–(Marketwired – Nov 14, 2013) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving higher for the second consecutive week on stronger … Continue reading

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So Cal home prices flat for 4th month in a row

Southern California home prices are flat for fourth month in a row By Andrew Khouri November 12, 2013 Southern California home prices appear to have hit a wall, with the median home price flat for the fourth consecutive month in … Continue reading

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Home Equity Lines due for Reset could be disaster

Home equity lines due for reset may be looming financial disaster By Kenneth R. Harney Nov. 10, 2013 WASHINGTON – Could the real estate market be heading for a new financial storm? Maybe. Some mortgage and credit experts worry that … Continue reading

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Housing Market Gains Forecast despite New Ability-to-Repay Rules

Top Lenders Forecast Housing Market Gains Despite New Ability-to-Repay Rules SAN FRANCISCO (November 10, 2013) – In a rare gathering of CEOs and senior executives from the biggest names in mortgage lending, Realtors® were told to expect market growth in … Continue reading

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Fixed Mortgage Rates Rebound Higher

Fixed Mortgage Rates Rebound Higher MCLEAN, VA–(Marketwired – Nov 7, 2013) –  Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving higher for the first time in three … Continue reading

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Brokers’ bullish housing views vs bearish economic outlook

Brokers’ bullish housing views tempered by bearish economic outlook By Paul Hagey Nov 4, 2013 Real estate industry leaders are mildly optimistic about what’s to come for housing but gloomy about the overall economy, according to real estate marketing tech … Continue reading

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Lingering Impact of Tight Credit

Home Buyers and Sellers Survey Shows Lingering Impact of Tight Credit Nov. 4, 2013 Although the housing market has shown a healthy recovery over the past two years, unnecessarily restrictive mortgage lending standards are preventing some financially qualified buyers from … Continue reading

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Fannie & Freddie may cut cloan limits, push borrowers to Jumbos

Fannie, Freddie may cut loan limits, pushing borrowers to jumbos By Kenneth R. Harney Nov. 3, 2013 WASHINGTON – Should you be concerned that the maximum loan amount you’ll be able to obtain through the biggest players in the mortgage … Continue reading

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