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News

20 September 2018

Mortgage Rates Move Up Again

Freddie Mac Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing that mortgage rates rose for the fourth consecutive week. Sam Khater, Freddie Mac’s chief economist, says the 30-year fixed-rate mortgage increased once again to its highest level since May. “Mortgage rates are drifting upward again and represent continued affordability challenges for prospective […]

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19 September 2018

Housing Starts Soar In August But Permits Plunge To 15-Month Low

Inman News In face of historic inventory shortage, privately-owned housing starts jumped 9.2% month-over-month and 9.4% year-over-year. Privately-owned housing starts jumped 9.2 percent in August and 9.4 percent year-over-year to a seasonally adjusted annual rate of 1,282,000, but privately-owned housing units authorized by building permits fell to a 15-month low, according to the latest data from the U.S. Department of Housing […]

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19 September 2018

Single-Family Home Construction Plunged And Average Lot Shrunk In 2017

Inman News Using data from the US Census Bureau, Zillow found home construction was down in each of the nine census divisions. Square footage for single-family homes is on the decline, and fewer homes are being built in all of the United States, according to a new analysis by Zillow. Using data from the U.S. Census Bureau […]

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18 September 2018

Does Rising Housing Inventory Signal The Beginning Of A Buyer’s Market?

Inman News The recent inventory increase and the slowdown in price appreciation is not a coincidence and may be signaling good news for those considering buying a home. This article was originally published by First American and has been reprinted with permission. Last month, we noted in our latest Real House Price Index (RHPI) report that house price appreciation […]

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18 September 2018

Nine Tips For Filing Insurance Claims After A Catastrophe

Inman News The damage has been done — now it’s time to make the rebuilding process as painless as possible. Whether it’s a hurricane like Florence, a tropical storm like Lane or a flood, tornado, earthquake or fire, it can take years to resolve a major insurance claim and restore your property. In 1994, I […]

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17 September 2018

Home Sales In California Have Fallen For 4 Months Straight

Inman News Unending high prices pushed single-family home sales in August to below 400,000 for the first time in two years. Near record-high home prices are crushing demand in California, according to the latest home sales data from the California Association of Realtors (C.A.R.). The state dropped below the 400,000 sales benchmark in August, the first time in the last […]

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14 September 2018

US Refinance Loan Originations Have Dropped To A 4-Year Low

Inman News Rising mortgage rates have caused refinance loan originations to drop to its lowest point since Q2 2014. Weakening mortgage demand caused by rising mortgage rates has slowed refinance loan originations to its lowest level since Q1 2014, according to Attom Data Solutions latest report. In Q2 2018, refinance loans decreased 1 percent quarter-over-quarter and 2 percent […]

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13 September 2018

Mortgage Rates Rise for Third Straight Week

Freddie Mac Freddie Mac today released the results of its Primary Mortgage Market Survey®, showing that mortgage rates jumped over the past week to a level not seen in over a month. Sam Khater, Freddie Mac’s chief economist, says the one-two punch of strong job and consumer credit growth drove mortgage rates up to their highest mark […]

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12 September 2018

Foreclosures And Delinquency Rates Dip To 12-Year Low: CoreLogic

Inman News But states hit by storms and hurricanes continue to struggle. In June, home delinquency and foreclosure rates dipped to a 12-year low, according to the latest CoreLogic Loan Performance Insight report released on Tuesday. Measuring the number of homeowners who were late on their mortgage payments by more than 30 days, the monthly analysis found […]

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10 September 2018

Top 10 Most Expensive Mistakes You’re Making on Your Home

RIS Media Homes cost a lot of money to maintain. But are you spending extra money unnecessarily on upkeep? Here are the 10 most expensive mistakes you could be making in your home. 1. Using Traditional Light bulbs If you still have incandescent light bulbs in your home, you could be throwing a lot of […]

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