Behind The Housing Starts Headlines, The Story That Matters

by David Lukas January 20, 2012

Single-family housing starts climbed 4 percent last month to 470,000 units on a seasonally-adjusted, annualized basis. This is the highest number of Single-Family Housing Starts since April 2010 — the last month of last year’s home buyer tax credit.

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Home Builders See More Sales, Higher Prices Ahead

by David Lukas January 19, 2012

Homebuilder confidence is soaring, reaching levels not seen in more than 4 years.

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Foreclosure Filings Fall To 49-Month Low

by David Lukas January 18, 2012

Foreclosure filings are fewer these days, according to foreclosure-tracking firm RealtyTrac.

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What’s Ahead For Mortgage Rates : Week Of January 17, 2012

by David Lukas January 17, 2012

According to Freddie Mac’s weekly mortgage rate survey, the average 30-year fixed rate mortgage rate fell to 3.89% nationwide. This week, the Eurozone will determine whether rates rise or fall.

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Will Home Values Rise This Year?

by David Lukas January 13, 2012

Will your home gain value over the next 12 months? Nobody can know for sure, but should recent housing trends continue, there’s concrete cause for optimism.

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Fed Minutes Show An Improving U.S. Economy Threatened By The Eurozone

by David Lukas January 12, 2012

The Federal Reserve has released the minutes from its most recent Federal Open Market Committee meeting. December’s Fed Minutes shows Fed members with a positive, cautious, take on the economy.

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Home Affordability Set To Worsen On Thursday’s Retail Sales Data

by David Lukas January 11, 2012

Consumer spending continues to rise nationwide, fueled by jobs growth and a rosier outlook for the U.S. economy. Unfortunately for mortgage rate shoppers, it may also lead to higher mortgage rates later this week.

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Lock Your Mortgage Rate : New Loan Fees Expected Within Days

by David Lukas January 10, 2012

Starting soon, nearly all home buyers and refinancing households nationwide will pay higher mortgage loan fees. Congress has made it law.

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What’s Ahead For Mortgage Rates This Week : January 9, 2012

by David Lukas January 9, 2012

Mortgage markets improved last week, pushing mortgage rates lower for the second straight week.

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Adjustable-Rate Mortgages Are A Relative Bargain Today

by David Lukas January 6, 2012

Adjustable-rate mortgages are a relative bargain as compared to fixed-ones.

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