Tag Archives: Conforming Loan

Jobs report tempers mortgage rates

The jobs picture improved slightly in July, but its impact on the housing recovery is more murky. Mortgage bankers shed 1,200 jobs, as their refinance business has dropped dramatically due to higher rates. The unemployment rate for young adults rose … Continue reading →

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Home sales suffer on higher rates: Realtors

The figures come on the heels of very weak sales of newly built homes in July, down 13 percent from June, according to the U.S. Census. Analysts blamed higher interest rates and some expected existing home sales to fall even … Continue reading →

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Lower Loan Limits: Let the Games Begin

Page 1 of 4 | Next PageShow Entire Article The summer has barely started, but the fight is on against changes to loan limits that don’t take place until the first of October. Today the National Association of Home Builders … Continue reading →

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