Monthly Archives: February 2012

Mortgage Rates Hovering At Historic Lows

Although most types of mortgages fell a bit last week, experts are predicting a rise in rates in the upcoming weeks due to positive trends in the economy and stock market. 30-year fixed: twelve weeks under 4.0 percent Last week, … Continue reading

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The “Robo Settlement” — What’s in the Details?

The $26 billion dollar settlement announced earlier this month the Department of Justice and and Attorneys General from every state with the exception of Oklahoma is being hailed a significant victory for consumers and a step forward for the housing … Continue reading

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Why the Crisis In Greece Matters Here

Although Greece seems far away — and far from involved in the mortgage and housing market challenges faced in the U.S., the fact is that our economies are linked. Simply put, Greece is bankrupt, which means it can’t pay its … Continue reading

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What the Drop In Unemployment Means For Housing Market

 Unemployment rate falls to 8.3% The unemployment rate in January of this year fell to to its lowest point in nearly three years, since February 2009.  This, along with the number of people jobless (12.8 million) — also the lowest in … Continue reading

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