Home Affordability Peaked Last Quarter; Purchasing Power Sinks 10%

On March 8, 2011 By

Home affordability reached an all-time high in 2010′s last quarter. Unfortunately for home buyers, it’s been a different story since, however.

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Interest Rate Predictions | Week of March 7, 2011

On March 7, 2011 By

After brutal losses on Wednesday and Thursday, mortgage rates rallied back on Friday to close the week virtually unchanged.

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$8,000 Homebuyer Tax Credit Still Exists For Military Members

On March 7, 2011 By

While the first time home buyer tax credit is a distant memory to most, there are certain groups who can still use the program.

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Military Personnel Can Still Claim The $8,000 Homebuyer Tax Credit

On March 7, 2011 By

For certain members of the military, and for certain federal employees, there’s just 2 months remaining to get use the federal home buyer tax credit.

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Today's Mortgage Rates Post-Jobs Report

On March 4, 2011 By

If you’re looking a buying a home this year, this is yet another economic report forecasting higher rates and Gaddafi doesn’t have enough pages in his green book to hold our mortgage rates down forever.

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FHA MIP New Premiums Effective April 18, 2011

On March 4, 2011 By

FHA mortgage insurance premiums are changing for the third time in the past year.

Effective for all case numbers assigned on or after April 18th, an FHA loan will be more expensive.

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FHA : Monthly Mortgage Insurance Premiums To Rise April 18, 2011

On March 4, 2011 By

Effective for all FHA case numbers assigned on, or after, April 18, 2011, annual mortgage insurance premiums (MIP) will increase 25 basis points.

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Mortgage Rates and Tomorrow's Jobs Report

On March 3, 2011 By

Mortgage rates could move higher beginning tomorrow morning. The jobs report is always an interest rate mover.

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Make A Mortgage Rate Plan BEFORE Friday’s Jobs Report

On March 3, 2011 By

Mortgage rates could move higher beginning tomorrow morning. The Bureau of Labor Statistics releases its February jobs report at 8:30 AM ET.

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Why I Don't Like Case-Shiller

On March 2, 2011 By

This data puts December’s “home values” at the levels of early 2003. Now everybody just stop. Case-Shiller is an awful report. Here’s are a few reasons:

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