Category: Market News

Understanding Real Estate Contracts and What You Can Expect to Find

Understanding Real Estate Contracts and What You Can Expect to Find

January 10, 2017 |

There are a lot of things that go into the successful sale of your home, but many people are unfamiliar with the intricacies of the contract. Whether you consult with your real estate agent or plan on diving in on your own, it’s important to be clear on the terms. If you’re wondering what you can expect when it comes to the contract, here are some pointers on what to watch out for.

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Case-Shiller: Home Price Growth Continues

Case-Shiller: Home Price Growth Continues

December 28, 2016 |

Home increased in October according to Case-Shiller’s 20City Home Price Index. Home prices rose from September’s annualized reading of 5.40 percent to 5.60 percent. Factors contributing to rising home prices include stronger economic conditions and outlook along with short inventories of available homes coupled with high demand. On average, October home prices rose 5.10 percent on seasonally adjusted annual basis, which was unchanged from September’s reading.

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What’s Ahead For Mortgage Rates This Week – December 26, 2016

What’s Ahead For Mortgage Rates This Week – December 26, 2016

December 26, 2016 |

Last week’s economic news included readings on consumer spending, core inflation new home sales and regularly scheduled readings on mortgage rates and new jobless claims.

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What’s Ahead For Mortgage Rates This Week – December 19, 2016

What’s Ahead For Mortgage Rates This Week – December 19, 2016

December 19, 2016 |

Housing news was boosted by the National Association of Home Builders Housing Market Index, which posted its highest readings since July of 2002. In other news, the Federal Reserve’s Federal Open Market Committee voted to raise the federal funds rate and Fed Chair Janet Yellen gave a press conference. Mortgage rates rose and weekly jobless claims fell.

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What’s Ahead For Mortgage Rates This Week – December 5, 2016

What’s Ahead For Mortgage Rates This Week – December 5, 2016

December 5, 2016 |

Last week’s economic news was plentiful with releases on Case-Shiller Home Price Indices and pending home sales. Readings on government and private sector jobs created, the national unemployment rate and weekly readings on new jobless claims and Freddie Mac’s mortgage rates survey were also released.

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What’s Ahead For Mortgage Rates This Week – November 29, 2016

What’s Ahead For Mortgage Rates This Week – November 29, 2016

November 29, 2016 |

Last week’s economic reports included new and pre-owned home sales, new jobless claims and Freddie Mac’s weekly mortgage rates survey.

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S&P Case-Shiller: Home Prices Gain in August

S&P Case-Shiller: Home Prices Gain in August

October 27, 2016 |

Home prices gained in August per the 20-City S&P Case-Shiller Home Price Index. Analysts said that home values continue to expand in spite of challenges including low inventories of available homes and strict mortgage qualification requirements.

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What’s Ahead For Mortgage Rates This Week – October 24, 2016

What’s Ahead For Mortgage Rates This Week – October 24, 2016

October 24, 2016 |

Last week’s economic releases included the National Association of Home Builders’ Housing Market Index along with reports on housing starts, building permits and sales of previously owned homes. Weekly reports on new jobless claims and mortgage rates were also released.

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NAHB Housing Market Index Dips 2 Points

NAHB Housing Market Index Dips 2 Points

October 19, 2016 |

According to the National Association of Home Builders, overall builder confidence in housing markets dropped two points in October to an index reading of 63. September’s reading of 65 was the highest posted since the housing bubble peak.

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What’s Ahead For Mortgage Rates This Week – October 3, 2016

What’s Ahead For Mortgage Rates This Week – October 3, 2016

October 3, 2016 |

Last week’s economic releases included reports on new and pending home sales, S&P Case-Shiller Home Price Indices and regularly scheduled weekly reporting on mortgage rates and weekly jobless claims. Readings on consumer sentiment and confidence were also released.

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