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Wednesday, May 16, 2012 9:10 PM

Bernanke: Mortgages Still too Difficult to Get

Even creditworthy borrowers are finding it difficult to get a mortgage nowadays and it’s unlikely banks will ease their standards anytime soon, Federal Reserve Chairman Ben Bernanke told a banking conference in Chicago Thursday. While banks have
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Wednesday, May 16, 2012 8:56 PM

Housing Affordability Reaches Records

Housing affordability conditions for all buyers reached a milestone in the first quarter, according to the National Association of REALTORS®. NAR’s composite quarterly Housing Affordability Index rose to a record high of 205.9 in first quarter,
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Saturday, May 05, 2012 7:26 PM

5 New 'Rules' to Home Buying

With signs of a housing turnaround getting stronger, housing experts say buyers are finding several recent changes when they go to put in an offer on a home. A recent article at U.S. News & World Report highlights some of these changing “rules”
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Saturday, May 05, 2012 7:20 PM

What Buyers Often Overlook in Home Purchases

While many buyers may be swayed by the home’s appearance, financing, and location when choosing a home, housing experts say they often overlook other important factors that may keep them happy for years to come with their home purchase. A recent
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Saturday, May 05, 2012 7:13 PM

Home Buying Gets Another Boost in Affordability

For home buyers or refinancers, borrowing costs for home ownership just got a little cheaper as mortgage rates took another dip to new all-time record lows this week, Freddie Mac reports in its weekly mortgage market survey. "Signs of slowing economic
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Monday, April 30, 2012 3:28 PM

Bidding Wars Catch Buyers Off-Guard

Home buyers are unexpectedly finding more competition this spring in landing their dream home. Bidding wars are increasingly being reported in markets across the country, from California to Florida, The Wall Street Journal reports. "It's a little
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Sunday, April 29, 2012 2:10 PM

Fixed-Rate Mortgages Near Record Lows

Fixed-rate mortgages dropped slightly this week, nearing their average all-time lows and helping to lift home buyers’ purchasing power, Freddie Mac reports in its weekly mortgage market survey. For every week but one this year, the 30-year fixed-rate
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Sunday, April 29, 2012 2:08 PM

3 Housing Trends Emerging This Spring

What can home buyers expect to face this selling season? An improving housing market has made it a different picture in many areas compared to recent years, housing experts say. A recent article at Bankrate.com notes some of the following trends taking
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Sunday, April 29, 2012 1:58 PM

3 Hidden Costs of the Foreclosure Crisis

Although U.S. foreclosure activity may be declining, the problem is far from over. There have been 5 million foreclosures since 2007, reports the Center for Responsible Lending, which estimates that between 3 million and 5 million more will occur over
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Saturday, April 21, 2012 8:09 PM

Short Sales Start to Outpace Foreclosures

Banks are agreeing to more short sales, and for the first time, short sale transactions are exceeding foreclosure deals, according to the most recent housing data from Lender Processing Services (LPS) Inc. In January, short sales made up 23.9 percent
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Saturday, April 21, 2012 8:06 PM

March Existing-Home Sales Saw Decline, Lower Inventory, Stabilizing Prices

Existing-home sales dipped in March, but continued to outpace last year's levels. At the same time, inventory tightened and home prices showed further signs of stabilizing, according to the National Association of REALTORS®. Total existing-home
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Saturday, April 21, 2012 8:04 PM

Mortgage Rates Inch Up for the Week

After reaching or hovering near all-time lows last week, fixed-rate mortgages edged up slightly during the week, Freddie Mac reports in its weekly mortgage market survey. The 5-year adjustable-rate mortgage, however, hit a new all-time low of 2.78 percent
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Saturday, April 21, 2012 7:59 PM

Short Sales to Reach Record Numbers This Year?

Short sales are surging this year, and if the trend continues, they could reach record levels in 2012, RealtyTrac reports. Short-sale transactions are starting to outpace foreclosure sales, as more banks see it as a better option to curb high losses from
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Sunday, April 15, 2012 10:50 AM

545 vs. 300,000,000 People By Charlie Reese

Be sure to read the Tax List at the end. This is about as clear and easy to understand as it can be. The article below is completely neutral, neither anti-republican or democrat. Charlie Reese, a retired reporter for the Orlando Sentinel, has hit the
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Sunday, April 01, 2012 3:31 PM

National Foreclosures Drop in February

According to CoreLogic, an estimated 65,000 completed foreclosures were reported in the United States last month versus 71,000 in January and 66,000 in February 2011. The number of completed foreclosures for the 12 months ended Feb. 29 was 862,000. The
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