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January 2010 - Posts
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FHA Policy Change May Draw Investors Back into Housing Market Daily Herald | January 29, 2010 Call it three birds with one stone: The federal government hopes simultaneously to help low-down-payment homebuyers, investors who fix up foreclosures, and local Read More...
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Economy in U.S. Grew at 5.7% Pace, Biggest Gain in Six Years Bloomberg | January 29, 2010 The economy in the U.S. expanded in the fourth quarter at the fastest pace in six years as factories cranked up assembly lines to prevent inventories from plunging Read More...
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The central bank's policymaking committee said it plans to keep rates near record lows in order to prop up the economy. http://go-to.realtor.org/r/KE05DP/C4VBG/2OVLS7/7PIBX/OLD2B/W1/t/ From Realtor.org Read More...
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Here are several quick ways to spruce up a house before the busy home-selling season. http://go-to.realtor.org/r/KE05DP/C4VBG/2OVLS7/7PIBX/1ZUEM/W1/t/ From Realtor.org Read More...
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When the Federal Reserve stops buying mortgage backs in a couple of months, buyers, sellers, and owners will soon find out if the market has legs or not. http://go-to.realtor.org/r/KE05DP/C4VBG/2OVLS7/7PIBX/PTYVF/W1/t/ From Realtor.org Read More...
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The Treasury Department plans to lighten the burden of cumbersome paperwork and get more troubled borrowers into modified loans. http://go-to.realtor.org/r/KE05DP/C4VBG/2OVLS7/7PIBX/54HA0/W1/t/ From Realtor.org Read More...
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A new study finds that 242 of the 299 largest U.S. housing markets are selling for prices that are lower than what bankers think are fair market value. http://go-to.realtor.org/r/KE05DP/C4VBG/2OVLS7/7PIBX/XCREJ/W1/t/ From Realtor.org Read More...
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Mortgage Applications Rose 9.1% Last Week: MBA Wall Street Journal | January 20, 2010 Mortgage application volumes increased a seasonally adjusted 9.1% last week from the week before, mainly reflecting an uptick in refinancing activity, the Mortgage Bankers Read More...
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New Rules Help Borrowers at Closing The Wall Street Journal | January 12, 2010 Plenty of home buyers have found themselves at the closing table, ready to sign the myriad documents that will officially make them new homeowners--only to get nasty sticker Read More...
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Mortgage Rates Decline for First Time in Weeks - January 8, 2010 Mortgage Rates Decline for First Time in Weeks The Chicago Sun-Times | January 8, 2010 Following four straight weeks of increases, 30-year fixed-mortgage rates fell to an average 5.09 percent Read More...
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Last chance to refinance below 5% CNN Money | January 7, 2010 If you want to refinance your mortgage into a loan with a sub-5% interest rate, better hurry. Your window of opportunity is closing fast. Lenders are still advertising rock-bottom interest Read More...
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Friday's Employment Report Could be Breakthrough for U.S. Job Market The Washington Post | January 7, 2010 As evidence mounts that the labor market is starting to improve, the most definitive sign of whether it's turned the corner could come Friday Read More...
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Changing of the Guard in Banking Forbes | January 5, 2010 Wells Fargo, BofA and Morgan Stanley start the year with new leaders. Is the industry set for real change? Read More...
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Home Price Improvements Moderate, but Another Plunge not Likely: S&P DSNews | January 4, 2010 Residential property values continued to show further stabilization with prices rising for the fifth consecutive month in October, Standard & Poor's Read More...
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Thirty-Year Mortgage Rates Close 2009 Above 5% Threshold DSNews | January 4, 2010 Record-low mortgage interest rates have provided a considerable boost to the housing sector's gradual recovery, with 30-year rates lingering at or below the 5 percent Read More...
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Rules to Clarify Cost of Mortgages The Wall Street Journal | January 4, 2010 Americans have long struggled with the complexities of shopping for home mortgages. Now Uncle Sam is trying to help. Federal rules that took effect Friday require mortgage lenders Read More...
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