Category Archives: Mortage/ Finance News

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NW Dominates Home Price Increases

Daily Real Estate News | Wednesday, April 06, 2016 Western states dominate the list of states seeing the largest year-over-year increases in sales prices. But there is a notable exception — California. Instead, the state of Washington is posting the … Continue reading

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Fed Leaves Rates Alone: What This Means for Mortgages

Daily Real Estate News | Thursday, March 17, 2016 The Federal Reserve announced Wednesday that it will not raise interest rates as quickly as they had originally anticipated. The Fed dimmed its outlook as the economy showed signs of slowing. … Continue reading

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Mortgage Rates Reverse Course, Inch Higher

Daily Real Estate News | Friday, March 04, 2016 For the first time in two months, mortgage rates edged higher this week. “Treasury yields approached their highest level in a month, boosting the 30-year mortgage 2 basis points this week … Continue reading

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Mortgage Rates Are Staying Below 4%

Daily Real Estate News | Friday, October 16, 2015 Interest rates may remain lower longer than originally expected. The Federal Reserve released recent comments that suggested it may continue to hold off in raising short-term interest rates and weaker-than-expected consumer … Continue reading

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New Mortgage Rules Soften Loan Demand

Daily Real Estate News | Wednesday, October 14, 2015 The rate of mortgage applications has been volatile in recent weeks: The latest numbers show applications dipped 27.6 percent week-over-week on a seasonally adjusted basis for the week ending Oct. 9, the … Continue reading

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Mortgage Rates Edged Higher This Week

 Daily Real Estate News | Friday, September 04, 2015 The 30-year fixed-rate mortgage averaged 3.89 percent this week, up slightly from 3.84 percent last week, on the heels of global economic turmoil and a lack of new information on The … Continue reading

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Distinctive Real Estate Statistics 6-15-15

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Driverless Cars – Could texting while driving one day be safe?

Auto makers are racing to release the first publicly available self-driving car. Manufacturers such as Audi, General Motors, Mercedes-Benz, Nissan, and BMW, among others, are testing the technology. According to officials with Bosh, a global automotive supplier, the company is … Continue reading

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Intereste Rates Projections

All of the experts are predicting 6.5 % interest by end of 2014. The Fed announced last month that they would be pulling back some of their stimulus package which has helped the housing market by keeping long term mortgage … Continue reading

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