The Federal Reserve released the minutes from its August 9, 2011 Federal Open Market Committee meeting [...]
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After 3 straight months of gains, the Pending Home Sales Index slipped 1 percent in [...] This week, mortgage rates will be jumpy. As well as a full slate of economic data, because of Labor Day, bond markets will be light on volume. When volume is light, pricing gets [...] One week after posting its lowest mortgage rate in 50 years, Freddie Mac reports that the 30-year fixed rate mortgage rose by an average of 7 basis points nationwide this week to 4.22 [...] Using Quality of Life factors such as education, crime and “town spirit”, and focusing on towns with between 8,500 and 50,000 residents, CNNMoney ranks the country’s best “small [...] Using Quality of Life factors such as education, crime and “town spirit”, and focusing on towns with between 8,500 and 50,000 residents, CNNMoney ranks the country’s best “small [...] Sales of newly-built homes slipped in July, falling 1 percent as compared to June. Home buyers closed on a seasonally-adjusted, annualized 298,000 units, the lowest reading since [...] Existing Home Sales nationwide fell to 4.67 million units on a seasonally-adjusted annualized basis last month. It’s the fourth straight month below the 5 million mark, and the report’s lowest reading since November [...] Mortgage rates and the Fed Funds Rate are two different interest rates; completely disconnected. Here’s a chart that proves [...] |
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