Tag Archives: Uncertainty

Home Builders Need Mortgage Bankers to Keep Recovery Alive

A jump in signed contracts to buy newly built homes in September brought volumes to the highest level since April of 2010, when the home buyer tax credit temporarily infused the housing market. The median price of a newly built … Continue reading

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In a Twist, Both Home Prices and Rents Rise

Home prices across the nation continued their upswing in June, according to a new report from CoreLogic. Including sales of foreclosures and short sales (selling for less than the value of the mortgage), prices rose 2.5 percent from a year … Continue reading

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How Catastrophe in Japan Could Affect US Mortgage Rates

According to the Fannie Mae 30-Yr MBS, mortgage rates are lower by about 5 basis points, thanks to the rally in US Treasurys, which produced a drop in yields. Bankrate.com’s overnight on the 30-Yr fell to 4.81 percent from 4.87 … Continue reading

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