Monthly Archives: January 2014

Home Automation Is Here To Stay

Ready or not, home automation is likely not a fad, and Realtors will have to keep up with new developments in this area for years to come, writes Clareity’s Matt Cohen.

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Tougher Federal Rules Getting Mortgage

Homebuyers who find it difficult to meet new standards for debt-to-income ratios when applying for a mortgage may find wiggle room if they search for it. By Kenneth R. Harney January 26, 2014 WASHINGTON – The verdict was nearly unanimous … Continue reading

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Fixed Mortgage Rates Move Lower

MCLEAN, VA–(Marketwired – Jan 23, 2014) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates drifting slightly lower for the second consecutive week amid recent reports that inflation … Continue reading

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California Foreclosures Dip to 8-Year Low

January 21, 2014 La Jolla, CA.–The number of California homeowners pulled into the formal foreclosure process dropped to an eight-year low last quarter, the result of an improving economy, foreclosure prevention efforts and higher home prices, a real estate information … Continue reading

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Mortgage Rates Move Lower

Fixed Mortgage Rates Move Lower on Economic Data MCLEAN, VA–(Marketwired – Jan 16, 2014) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates fall amid signs of a … Continue reading

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California Home Sales – December

California December Home Sales January 15, 2014 An estimated 34,949 new and resale houses and condos sold statewide last month. That was up 4.5 percent from 33,429 in November, and down 12.1 percent from 39,760 sales in December 2012, according … Continue reading

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Mortgage Concerns Ease

By Andrea V. Brambila January 13, 2014 The share of consumers who plan to buy a home rose to 6.9 percent in December, up from 5 percent in November, according to a monthly economic outlook released today by

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Camera in the Sky

Drones are everywhere in the media today. Amazon is testing drones to deliver packages. Real estate agents are using drones to take aerial video. The military has been using drones for the past decade. Like it or not, the drone … Continue reading

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Interest Rates Rise – Try Hybrid Mortgages

As interest rates rise, hybrid mortgages may be a good option Loans that provide a guaranteed fixed rate for a pre-defined period of time, then convert to a variable rate, are usually less expensive than traditional 30-year fixed loans. By … Continue reading

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Fixed Mortgage Rates Start Year Higher

MCLEAN, VA–(Marketwired – Jan 2, 2014) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates continuing to edge higher as we enter the new year.

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