Monthly Archives: March 2014

IRS Bitcoin Guidance

IRS’s bitcoin guidance turns every transaction into a reportable capital gain or loss at tax time Written by Stephen Fishman March 31, 2014 The IRS has issued its first official guidance on how bitcoin and other digital currencies that are … Continue reading

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Fixed Mortgage Rates Move Up

Fixed Mortgage Rates Move Up MCLEAN, VA–(Marketwired – Mar 27, 2014) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates up a bit from last week, applying additional … Continue reading

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Pending Home Sales Lower in February

February Pending Home Sales Continue Slide WASHINGTON (March 27, 2014) – Pending home sales declined for the eighth straight month in February, according to the National Association of Realtors®. Modest increases in the Midwest and West were offset by declines … Continue reading

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Median Home List Prices up 7.6% from a year ago

Rising home prices are bolstering seller confidence, fueling rapid growth in the number of homes for sale in many markets in February, according to a report issued by realtor.com today.

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Senate Banking Committee proposal to replace Fannie Mae/Freddie Mac

March 23, 2014 The Senate Banking Committee has released a draft of a new plan to replace government-sponsored entities Fannie Mae and Freddie Mac. The new Federal Mortgage Insurance Corporation (FMIC) would guarantee conforming loans and provide regulation for turning … Continue reading

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Fixed Rate Mortgages Move Down a Tad

Fixed Mortgage Rates Move Down a Tad MCLEAN, VA–(Marketwired – Mar 20, 2014) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving down slightly after last week’s … Continue reading

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New Zillow Consumer Mortgage Tool

Zillow has launched a consumer mortgage tool that allows homebuyers to receive a preapproval letter within minutes of sharing their pertinent income, debt and personal info.

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Rising Home Prices Bolster Seller Confidence

March 18, 2014 Rising home prices are bolstering seller confidence, fueling rapid growth in the number of homes for sale in many markets in February, according to a report issued by realtor.com today.

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Investors Pulling Back

Investors large and small have helped power the housing recovery and drive up prices by nearly 25 percent over the last two years. But institutional investors, who have bought as many as 200,000 homes since prices began to turn upwards, … Continue reading

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Mortgage Rates Increase

Mortgage rates edge up Mar 13, 2014 Rates on 30-year fixed-rate mortgages averaged 4.37 percent with an average point of 0.6 for the week ending March 13, up from 4.28 percent last week and 3.63 percent a year ago, according … Continue reading

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