Our Blawg
Mortgage Rate Risk Ahead Of Friday Morning's Jobs Report
Friday morning, the Bureau of Labor Statistics will release its Non-Farm Payrolls report. If you’re actively shopping for a mortgage, today may be a prudent day to lock a mortgage.
read morePending Home Sales Index Hits A 2-Year High
In May, for the second time in 3 months, the Pending Home Sales Index crossed the 100 barrier.
read moreFHFA : Home Values Up 3% Since Last Year
The Federal Home Finance Agency’s Home Price Index shows home values up 0.8% in April on a monthly, seasonally-adjusted basis.
read moreSimple Real Estate Definitions : Right To Cancel
Refinancing homeowners are granted a 3-day “cooling off” period.
read moreNew Home Sales Rise To 2-Year High
As reported by the Census Bureau, 369,000 new homes were sold last month on a seasonally-adjusted, annualized basis.
read moreMarketable Title vs. Insurable Title
I have had a lot of questions recently regarding the topic of marketable vs. insurable title. They are both terms of art, in that they are unique terms to the legal and title industry. They are not easily defined with comparable examples. When a title is marketable...
read moreExisting Home Sales Slip 2% In May
Home resales slipped last month; a temporary setback for the housing market’s recovery.
read moreMortgage Rates Make New Lows At 3.66%
The national average 30-year fixed rate mortgage rate fell 5 basis points to 3.66% this week.
read moreA Simple Explanation Of The Federal Reserve Statement (June 20, 2012)
The Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent Wednesday.
read moreHousing Starts Up 26% In Last 12 Months
Sometimes, the housing data headlines tell just half the tale. May’s Housing Starts figures are proving to be a terrific illustration.
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