Monthly Archive: September 2011

Sep 30

Despite Low Rates, Pending Home Sales Slip In August

Despite the lowest mortgage rates of all-time, home buyers are slowing the pace at which they’re buying homes.

Sep 29

Case-Shiller Index : 85% Of Tracked Cities Showed Home Price Improvement In July

The most recent Case-Shiller Index shows a 0.9% rise in home values from June to July 2011. Home values were higher in 17 of the 20 tracked cities.

Sep 28

New Home Sales Figures Better Than Reported

According to the Census Bureau, the number of new homes sold slid for the fourth straight month in August, easing 2 percent from July. On a seasonally-adjusted, annualized basis, home buyers bought 295,000 newly-built homes last month.

Sep 27

Existing Home Sales Jump; Home Supplies Falling

According to the National Association of REALTORS®, Existing Home Sales rose 8 percent in August.

Sep 26

What’s Ahead For Mortgage Rates This Week : September 26, 2011

Mortgage markets improved last week as the Federal Reserve provided new market stimulus and the Eurozone continued to grapple with Greek’s sovereign debt issues.

Sep 23

Building Permits Rising Nationwide; Housing Starts To Follow

Single-Family Housing Starts fell for the second consecutive month, dropping to a seasonally-adjusted, annualized 417,000 units in August 2011.

Sep 21

A Simple Explanation Of The Federal Reserve Statement (September 21, 2011 Edition)

Wednesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent.

Sep 21

The Fed Adjourns At 2:15 PM ET Today : What It Means For Mortgage Rates

The Federal Open Market Committee adjourns from a two-day, scheduled meeting today, the sixth of 8 scheduled meetings this year, and the seventh Fed meeting overall. Mortgage rates will be volatile.

Sep 20

Homebuilder Confidence Stays Flat

Homebuilders are feeling worse about the market for new homes nationwide.

Sep 19

What’s Ahead For Mortgage Rates This Week : September 19, 2011

Mortgage rates rose for the first time in three weeks last week, pushing conforming and FHA mortgage rates off their all-time, historical lows

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