United States

Mortgage Rate Update 12/11/09

December 13, 2009

This week’s economic news was mixed for mortgage markets. A speech from Fed Chief Bernanke pushed mortgage rates lower early in the week, but weak results in the Treasury auctions caused them to turn higher again later in the week. In the end, mortgage rates finished with little net change. Despite a stronger than expected [...]

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Mortgage Rate Update 2/20/09

February 20, 2009

Mortgage rates took a step towards the sub 5% range this week, reacting positively to President Obama’s mortgage rescue plan. More unease in equities and lots of government assistance coming into the mortgage market will help borrowers, lenders and servicers increase mortgage finance activities, and may sustain the downward trend of the current rates. A [...]

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Wallingford Market Update January 2009

February 11, 2009

The Wallingford housing market showed some signs of life in January. There were fewer listings to sell, sales were up 67% from December and they sold almost 25% quicker, and expired listings were almost half of the previous month. The average sales price decreased, but this was largely due to the absence of the new [...]

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The Reverse Mortgage Loan Explained

January 23, 2009

by Brandon Cornett If you are a senior citizen over the age of 60, and you own a home, I’m willing to bet you’ve been hearing about reverse mortgage loans lately. But why is this lending option so popular among seniors lately, and how does it work anyway? Let’s take a look. What is a [...]

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Mortgage Rate Update 1/2/09

January 2, 2009

We’re back from the holiday break with another mortgage rate update; we hope everyone’s holidays were safe and full of good food, family, friends and the spirit of the season. All rates this week were virtually unchanged from the last update in December. The outlook for which way the rates will be headed over the [...]

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UPDATE: What The Real Estate Consumer Wants From Your Blog

May 13, 2008

If you remember, I wrote a post and posed a question on BuzzDash a month ago to try to get a feeling for what the real estate consumer is looking for when they read a real estate blog. Well, the poll has expired and the results, meager though they are, are in. Keep in mind [...]

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