Tag Archives: 100 Basis Points

Home builder confidence stalls in September

There is certainly plenty of pent-up demand, especially among younger, first-time home buyers, but many of them are still struggling in today’s job market, either unable to find steady work or not earning enough to afford today’s higher down payment … Continue reading

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Pending Home Sales Soar 6.7 Percent to 6-Year High

“Even with limited choices, it appears some of the rise in contract signings could be from buyers wanting to take advantage of current affordability conditions before mortgage interest rates move higher,” said Lawrence Yun, chief economist for the Realtors. “This … Continue reading

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Rising Rates Scare Borrowers Into Action

Roughly 10 million refinances took place over the past two years, although that may include borrowers who have refinanced more than once, according to Inside Mortgage Finance. From mid-2011 to mid-2012, rates dropped by 100 basis points, making it worthwhile … Continue reading

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