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Why You Shouldn’t Put Too Much Faith In October’s Case-Shiller Index

Posted by Matt Hennessy on December 30, 2010 in Case-Shiller Index

The Case-Shiller Index posted awful numbers in its most recent reading. Each of the index’s 20 tracked markets showed home price deterioration between September’s and October’s respective report. Some markets fell as much as 2.9 percent.

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Housing And Mortgage Predictions For 2011

Posted by Matt Hennessy on December 29, 2010 in Wall Street

With 2010 coming to a close, the “experts” are out in full force, making predictions for next year’s housing and mortgage markets on business television and in the papers.

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New Home Sales Rise In November; Hint At Strong Winter 2011

Posted by Matt Hennessy on December 28, 2010 in New Home Sales

Like most housing data from November, the most recent New Home Sales report showed sales volume increasing last month, and home supplies falling.

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What’s Ahead For Mortgage Rates This Week : December 27, 2010

Posted by Matt Hennessy on December 27, 2010 in Weekly Review

Mortgage markets worsened again last week as the holiday-shortened sessions did little to buck recent momentum.

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Home Inventory Dwindles Into The New Year

Posted by Matt Hennessy on December 23, 2010 in Existing Home Sales

Existing Home Sales jumped another 6 percent in November, the report’s third month of improvement since bottoming in July.

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Housing Starts Rise In November, But With A High Margin Of Error

Posted by Matt Hennessy on December 22, 2010 in Housing Starts

The number of single-family Housing Starts increased in November, adding 30,000 units as compared to October.

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Foreclosure Activity Plunges (But With An Asterisk)

Posted by Matt Hennessy on December 21, 2010 in Foreclosures

November marked the first time since February 2009 that the number of monthly foreclosures filings failed to surpass 300,000 units.

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What’s Ahead For Mortgage Rates This Week : December 20, 2010

Posted by Matt Hennessy on December 20, 2010 in Weekly Review

Mortgage markets worsened again last week as belief in a U.S. recovery and concerns for inflation took hold on Wall Street. Conforming mortgage rates rose for the 6th straight week.

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Why Builder Confidence Surveys Matter To Buyers Of New Homes

Posted by Matt Hennessy on December 17, 2010 in Homebuilders

Despite an unfavorable HMI reading, home builders might still less willing to “make a deal”; holding out for a better 2011.

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Simple Real Estate Definitions : Loan-Level Pricing Adjustments

Posted by Matt Hennessy on December 16, 2010 in Real Estate Definitions

Loan-level pricing adjustments are mandatory loan fees based on a borrower’s specific default risk.

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