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Smart Asset

Smart Asset

Many of our clients have jumped on to mortgage rate websites like bankrate.com, and consumer […]

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Improving Market Index : Up To 201 Cities For December 2012

The Improving Market Index added 76 metropolitan areas in December as compared to the month prior.

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The Federal Reserve Begins A 2-Day Meeting Today

The Federal Open Market Committee (FOMC) begins a 2-day meeting today, its last of 8 scheduled meetings this year.

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October Jobs Report Blows Away Estimates; Mortgage Rates Falling

Mortgage rates are performing surprisingly well after Friday’s release of the October 2012 Non-Farm Payrolls report.

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New Home Supply Remains Firmly In “Seller’s Market” Territory

According to the U.S. Census Bureau, the number of new homes sold jumped to 389,000 units in September 2012 on a seasonally-adjusted, annualized basis.

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Buyers Win 6.6 Percent Increase In Purchasing Power

Home purchasing power is up 6.6% since the start of the year.

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FOMC Expected To Announce New Stimulus Today

The FOMC adjourns from a 2-day meeting today. Mortgage rates are expected to change — perhaps by a lot.

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Freddie Mac 30-Year Fixed Rate Mortgage Rates Rises To 3.55%

This week, for the first time since mid-June, the 30-year fixed rate mortgage rate climbed on a week-over-week basis, moving 6 basis points to 3.55%, on average.

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Singe-Family Housing Starts Rise For 4th Straight Month

New construction housing is in a post-recession rally.

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Revisiting Housing Market Predictions For 2012

Analysts made bold calls at the start of the year about the housing and mortgage markets. How good were their predictions?

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