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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 7:18 PM

Largest Mortgage Lender Takes Bigger Bite of Market Share

Wells Fargo, the nation’s largest lender for home loans, is continuing to grow its mortgage business, issuing a record 33.9 percent of mortgages in the first quarter. Other lenders now remain even further from reaching Wells Fargo’s mortgage
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Saturday, May 05, 2012 7:14 PM

What Foreclosure Wave? False Alarm?

Many housing experts for months have been warning a foreclosure wave would soon flood several markets throughout the country. But was it all a false alarm? Recent surveys have shown that foreclosure sales have dropped to their lowest point in more than
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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 2:00 PM

5 Ways to Sell a Home Faster, For More Money

24/7 Wall St. recently asked real estate experts and several real estate organizations to weigh in on how sellers can get their house sold at the best price and in the shortest amount of time. Here’s what they had to say as some of the best ways
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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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Sunday, April 15, 2012 10:59 AM

Fed: Economy Sees Steady Growth

The economy continues to show signs of strengthening, which could bode well for housing, according to the latest Federal Reserve survey, known as the “Beige Book.” According to the Fed, the economy improved at a “modest to moderate”
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Sunday, February 19, 2012 8:39 PM

Foreclosures ticked up in January

Foreclosures ticked up in January nationwide as more banks continued to work through backlogs of defaulting mortgages on their books, RealtyTrac reports. For more than five years, Nevada has been the state leader with the highest rate of foreclosure filings
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Sunday, February 19, 2012 8:37 PM

Housing Affordability Reaches New Records

Housing affordability rose to a record high during the fourth quarter of 2011, which means a home buyer’s purchasing power is greater than it ever has been before, according to the National Association of Home Builders/Wells Fargo Housing Opportunity
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Friday, January 27, 2012 6:50 PM

Mortgage Rates Rise After Posting Record Lows

Mortgage rates started to edge higher this week, after a series of recent positive reports showing the housing market on the mend, Freddie Mac reported in its weekly mortgage market survey. The 30-year fixed-rate mortgage after posting all-time record
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