Tag Archives: Federal Reserve

To lock or not lock? That is the mortgage question

The rise in rates put the brakes on the housing recovery, sending both mortgage applications and home sales lower during the summer months. While home builders continued to tout demand and affordability, they could not help but notice fewer buyers … Continue reading

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Home prices push past rising rates, says report

(Read more: Home values rise, but millions still drown in debt) Mortgage rates are about a full percentage point higher today than they were at the beginning of March. The average rate on the 30-year fixed hit 4.80 percent by … Continue reading

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Obama to push for reform of mortgage giants

The crux of his call, however, will be for more mortgage refinancing, which is, ironically, harder now that mortgage rates are rising. Rates are rising because the Federal Reserve is signaling that it will stop buying mortgage-backed securities now that … Continue reading

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Obama to push for housing reform of mortgage giants

The crux of his call, however, will be for more mortgage refinancing, which is, ironically, harder now that mortgage rates are rising. Rates are rising because the Federal Reserve is signaling that it will stop buying mortgage-backed securities now that … Continue reading

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Record High New Home Prices Have Room to Grow

Supplies of new and existing homes are at levels not seen since the frenzy of the last housing boom. The phenomenon is national and not just relegated to the former boom markets. April listings were down 41 percent from a … Continue reading

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