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Home Price Index Shows Values Rising 3.7% From One Year Ago
Tuesday, the Federal Home Finance Agency’s Home Price Index (HPI) showed home values rising 0.2% on a seasonally-adjusted basis between June and July 2012, and moving +3.7% on an annual basis. Home...
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With Tomorrow’s Job Report Due, Mortgage Rates May Finally Rise
It’s a dangerous time for home buyers in District of Columbia to be without a locked mortgage rate. Friday morning, at 8:30 AM ET, the government releases its Non-Farm Payrolls report for September....
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What’s Ahead For Mortgage Rates This Week : October 9, 2012
Mortgage markets worsened last week for the first time in a month as the U.S. economy showed signs of improvement, and the Eurozone stepped closer to launching its $500 billion euro rescue fund....
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What’s Ahead For Mortgage Rates This Week : October 15, 2012
Mortgage markets improved slightly last week. With a dearth of new U.S. economic data due for release, investors turned their collective attention to the Europe, China, and the Middle East. U.S....
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Buyers Win 6.6 Percent Increase In Purchasing Power
Mortgage rates in District of Columbia continue to troll near all-time lows, boosting the purchasing power of home buyers statewide. According to Freddie Mac’s most recent Primary Mortgage Market...
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What’s Ahead For Mortgage Rates This Week : October 22, 2012
Mortgage markets worsened last week as hope for a European economic rebound and stronger-than-expected U.S. economic data moved investors out of mortgage-backed bonds. Mortgage rates all of types —...
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Federal Reserve : New Economic Stimulus May Be Warranted
The Federal Reserve released its October Federal Open Market Committee (FOMC) meeting minutes last week, revealing a Fed in disagreement about the future of the U.S. economy and about what, if any,...
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A Look At This Week’s Mortgage Rates : December 3, 2012
Low mortgage rates are pumping up home affordability. Average 30-year fixed-rate mortgage rates made a new all-time low in November, continuing this year Refinance Boom and giving fuel to the budding...
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What’s Ahead For Mortgage Rates This Week: February 25th, 2013
A quiet past week in economic news caused mortgage rates to worsen slightly. This week, however, will be packed with economic reports which may have an impact on interest rates going forward. Freddie...
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What’s Ahead For Mortgage Rates This Week – April 29, 2013
Mortgage rates fell again last week and are again near record lows. According to Freddie Mac, the average rate for a 15-year fixed rate mortgage did achieve a record low of 2.61 percent as compared to...
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