Category Archives: Mortgage

Mortgage Application Activity Boosted by Low Mortgage Rates

Posted on May 19, 2013 by

RealtyTimes.com, May 15th, 2013 Mortgage application activity continues to be boosted by low mortgage rates that remain stable and still within historic levels. Full Story: http://realtytimes.com/rtpages/20130515_ratewatch.htm

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Mortgage Rates move higher for Second Consecutive Week

Posted on May 18, 2013 by

Realtytimes.com, May 17th, 2013 Mortgage rates followed U.S. Treasury bond yields higher this week on signs of stronger consumer spending. Full Story: http://realtytimes.com/rtpages/20130517_interestratewatch.htm

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Average US Mortgage Rates Tick Higher

Posted on May 17, 2013 by

Associated Press, May 17th, 2013 Washington — Average US rates on fixed mortgages rose this week but remained near their historic lows. Cheaper mortgages have helped the nation’s economy by spurring more home buying and refinancing. Mortgage buyer Freddie Mac … Continue reading →

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Mortgage Squeeze Loosens, Somewhat

Posted on May 17, 2013 by

Realtytimes.com, May 16th, 2013 Some 8 percent of banks loosened mortgage credit recently and mortgage credit conditions have either loosened or held steady for eight of the past nine quarters. Full Story: http://realtytimes.com/rtpages/20130516_mtgsqueezeloosens.htm

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“Walking Dead” and “Survivors” in Real Estate

Posted on May 17, 2013 by

Posted: 14 May 2013 KCM Crew Over the last few years, new words have become part of our real estate vocabulary when discussing distressed properties. Terms such as ‘shadow inventory’, ‘cure rate’ and ‘short sales’ were introduced. Other words like … Continue reading →

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Housing Counsel: Homeowner Tax Benefits Still Alive

Posted on May 10, 2013 by

RealtyTimes.com, May 8th, 2013 Homeowners were given a reprieve when Congress, on January 1st of this year, enacted the so-called ‘fiscal cliff’ legislation. Home mortgage interest can still be deducted and the up-to $500,000 exclusion of gain when you sell … Continue reading →

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U.S. Home Sale has $56,464 Impace on Economy

Posted on May 9, 2013 by

Posted: 09 May 2013 KCM Crew Recently the research team at the National Association of Realtors (NAR) looked at studies done by the Bureau of Economic Analysis, the Census Bureau, Macroeconomic Advisors and the Joint Center for Housing Studies at … Continue reading →

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How Difficult is the Mortgage Process for Buyers?

Posted on May 8, 2013 by

Posted: 08 May 2013 KCM Blog   TD Bank recently announced the results of their inaugural Mortgage Service Index. The index was designed to identify best practices and trouble areas in home financing and act as a service indicator for … Continue reading →

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Tight Lending, Foreclosures to Prompt Homeownership Decline

Posted on May 6, 2013 by

By: Krista Franks Brock, DSNews.com, May 6th, 2013 With the homeownership rate already at its lowest point since 1995, Capital Economics predicts further decline before a rebound occurs. The analytics firm predicted last July that the homeownership rate would fall … Continue reading →

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Mortgage Applications Pick Up after Slump

Posted on May 5, 2013 by

Mortgage applications pick up after slump By Brena Swanson • May 1, 2013 • HousingWire.com Mortgage applications rose 1.8% for the week ending April 19 when compared to a week earlier, an industry trade group said Wednesday. According to the … Continue reading →

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