President’s Club

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 [...]

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 [...]

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 [...]

Existing Home Sales Jump; Home Supplies Falling

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

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

Homebuilder Confidence Stays Flat

Homebuilders are feeling worse about the market for new homes [...]