Mortgage Rates Continue to Hover at Record Lows

Mortgage Rates Continue to Hover at Record Lows Daily Real Estate News | Friday, December 02, 2011 Averages on fixed-mortgage rates continued to hover near historic lows for the week, while adjustable-rate mortgages inched down slightly to reach new record lows, Freddie Mac reports in its weekly mortgage market survey. “Mortgage rates were little changed…

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Boomers More Willing to Help Kids With Down Payments

Boomers More Willing to Help Kids With Down Payments Daily Real Estate News | Wednesday, November 30, 2011 Two-thirds of baby boomers say they want to help their children or grandchildren with a home down payment, according to a study of more than 1,000 baby boomers age 45 and up conducted by Meredith Research Solutions…

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Pending Home Sales Jump in October

Pending Home Sales Jump in October Daily Real Estate News | Wednesday, November 30, 2011 Pending home sales rose strongly in October and remain above year-ago levels, according to the National Association of REALTORS®. The Pending Home Sales Index, a forward-looking indicator based on contract signings, surged 10.4 percent to 93.3 in October from 84.5…

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Energy Costs Expected to Rise This Winter

Energy Costs Expected to Rise This Winter Daily Real Estate News | Thursday, December 01, 2011 It’s getting costlier for home owners to heat their home, particularly if they rely on oil during the winter heating season. The cost of heating a home with oil is expected to increase 10 percent this year to $2,535,…

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Fannie Mae Halts Foreclosures for the Holidays

Fannie Mae Halts Foreclosures for the Holidays Daily Real Estate News | Thursday, December 01, 2011 Fannie Mae says it will suspend evictions for single-family foreclosures and two- to four-unit properties during the holiday season, from Dec. 19 through Jan. 2, 2012. “The holidays are meant for families to spend time together, especially if they’ve…

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New-Home Sales Post Biggest Gains in Months

New-Home Sales Post Biggest Gains in Months Daily Real Estate News | Tuesday, November 29, 2011 New-home sales for single-family homes rose 1.3 percent in October, marking the best pace for new-home sales activity since this May, the U.S. Commerce Department reports. Following the sector’s worst year for new-home activity on record last year, several…

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