Monthly Archives: January 2017

Mortgage Rates Rise

  Mortgage Rates Rise for First Time in 2017 MCLEAN, VA–(Marketwired – Jan 19, 2017) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average mortgage rates moving lower for the third … Continue reading

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Tax Code Change affects Property Swaps

Republicans may change tax code to make property swaps less attractive By Kenneth R. Harney January 25 The small-scale owners of millions of rental homes, parcels of investment land and income-producing commercial and business real estate may not know it, … Continue reading

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2016 Home Sales Best Since 2006

Existing-Home Sales Slide in December; 2016 Sales Best Since 2006 WASHINGTON (January 24, 2017) – Existing-home sales closed out 2016 as the best year in a decade, even as sales declined in December as the result of ongoing affordability tensions … Continue reading

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Mortgages Cheaper – but not for long

Some mortgages are about to become cheaper – but maybe not for long By Kenneth R. Harney January 18 Here’s some potentially good news for anyone without high credit scores who is seeking a low-down-payment mortgage: The Federal Housing Administration … Continue reading

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Mortgage Rates Down from Last Week

Mortgage Rates Lower Again MCLEAN, VA–(Marketwired – Jan 12, 2017) –  Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average mortgage rates moving lower for the second consecutive week. News Facts 30-year … Continue reading

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FHA – lower costs for homebuyers

January 9 FHA Mortgage Insurance Premium Reduction a Fresh Start, Says NAR President Brown WASHINGTON (January 9, 2017) – Lower costs are coming for homebuyers seeking a Federal Housing Administration -insured mortgage.

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