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Case-Shiller Index : 17 Of 20 U.S. Housing Markets Slipped In September

Posted by Matt Hennessy on November 30, 2011 in Housing Analysis

Standard & Poor’s released its September 2011 Case-Shiller Index this week. The index tracks home price changes in select cities between months, quarters, and years. The Case-Shiller Index for September showed drastic devaluations nationwide.

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New Home Supplies Fall To An 18-Month Low

Posted by Matt Hennessy on November 29, 2011 in Housing Analysis

If you plan to buy of new construction in 2012, don’t expect today’s low prices. Like everything in housing of late, the market for newly-built homes appears to be improving.

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What’s Ahead For Mortgage Rates This Week : November 28, 2011

Posted by Matt Hennessy on November 28, 2011 in Mortgage Rates

Expect mortgage rates to be volatile this week. Your quoted mortgage rates could vary by as much as a quarter-percent from day-to-day.

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Conforming Loan Limits Unchanged For 2012

Posted by Matt Hennessy on November 25, 2011 in Mortgage Guidelines

In 2012, for the 7th straight year, the national, single-family conforming mortgage loan limit will remain at $417,000.

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More Sales, Less Inventory : Home Prices Headed Higher?

Posted by Matt Hennessy on November 23, 2011 in Housing Analysis

The housing market continues to signal that a broad rebound is underway. In October, despite sparse home inventory, the number of properties sold increased 1.4% nationwide.

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Maximum FHA Loan Limits Restored To $729,750

Posted by Matt Hennessy on November 22, 2011 in Mortgage Guidelines

As signed into law last Friday, maximum FHA loan limits are — once again — as high as $729,750.

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What’s Ahead For Mortgage Rates This Week : November 21, 2011

Posted by Matt Hennessy on November 21, 2011 in Mortgage Rates

Mortgage markets went unchanged last week as Wall Street traded on new debt stress within the Eurozone, and stronger-than-expected economic data here at home.

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Housing Starts Rising; New Construction Turns The Corner?

Posted by Matt Hennessy on November 18, 2011 in Housing Analysis

Another day, another signal that the market for newly-built homes is improving. Single-Family Housing Starts rose to a seasonally-adjusted, annualized 430,000 units in October – a 4 percent increase from September and the highest reading in 3 months.

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Homebuilders Getting Optimistic; Higher Home Prices Ahead?

Posted by Matt Hennessy on November 17, 2011 in Housing Analysis

Just two months after falling to a multi-month low, the Housing Market Index surged again in November, climbing another three points to 21

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Government Releases Additional HARP Guidance For Underwater Homeowners

Posted by Matt Hennessy on November 16, 2011 in Mortgage Guidelines

Tuesday, Fannie Mae and Freddie Mac unveiled lender instructions for the government’s revamped HARP program.

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