Monthly Archives: July 2012

The secret to getting a mortgage or refi rate near 3%

The headlines are buzzing: Mortgage interest rates have dropped to 3.875 percent for a 30-year fixed rate loan. Want a 15-year loan? You’ll pay even less, maybe 3.25 percent. Can you get a 3.875 percent interest rate? First, you have … Continue reading

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A Setback in New-Home Sales Recovery

New-home sales posted their biggest drop in more than a year, throwing a small hiccup into this housing sector’s path to recovery. The Commerce Department reported that new-home sales fell 8.4 percent in June, it’s largest drop since February 2011. … Continue reading

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Home Prices Perk Up

DAILY REAL ESTATE NEWS | THURSDAY, JULY 26, 2012 For the last 12 months ending in May, U.S. home prices have increased 3.7 percent, according to the Federal Housing Finance Agency’s latest House Price Index. Home prices increased 0.8 percent … Continue reading

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Refinance now, or wait for a mortgage ‘bottom’?

Is it time to refinance your mortgage? It’s hard to pull the trigger when interest rates seem to fall every week. Many consumers fear that if they lock in now, rates will drop again and they’ll miss out. But after … Continue reading

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Political Deadlock Prompting Sales Deadlines

DAILY REAL ESTATE NEWS | MONDAY, JULY 23, 2012 Wealthy home owners are reportedly contacting their real estate agents with an urgent request: They must sell their home within the next five months, CNBC reports. Why are they suddenly in … Continue reading

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Secrets of the Staging Pros

We asked staging experts to reveal some of their favorite tools, accessories, and strategies when home staging. Inspired by Nature Barb Schwarz, credited with being the creator of home staging and CEO of www.Stagedhomes.com, says one of her favorite staging tools … Continue reading

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A Simpler Mortgage Form for Home Buyers?

The Consumer Financial Protection Bureau proposed a redesigned mortgage form Monday that sets out to help home buyers better understand the cost and risks of getting a mortgage. CFPB is seeking public comment on the forms until Nov. 6. “When making … Continue reading

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