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2018 

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It can be a case of be-careful-what-you-wish-for. You may have pined for years over a large yard, a butler’s pantry, or living in a century-old house, but once you have it, somehow the thrill is gone.Reality checks can especially hit during the home-buying process. That huge backyard will stop be...
09/19/2018

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THIS WEEK'S MORTGAGE RATE SUMMARY HOW RATES MOVE:Conventional and Government (FHA and VA) lenders set their rates based on the pricing of Mortgage-Backed Securities (MBS) which are traded in real time, all day in the bond market. This means rates or loan fees (mortgage pricing) moves throughout t...
09/18/2018

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Down payments are a bugger for first-time homebuyers. It seems that the initial financial stab at home ownership is among the greatest roadblocks of owning a home, especially in high-cost urban housing markets, for which it may take a couple a decade or more to transition from renter to homeowner...
09/14/2018

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According to the National Association of Homebuilders (NAHB), the month of August saw residential building industry jobs increase by 201,000, with unemployment in that arena remaining at 3.9%. Employment in residential construction continued to trend up.“Over the month of August, total non-farm p...
09/12/2018

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Friday’s August employment report sent the 10-yr out of its one month range, increasing it to 2.94% (2.90% had held any increase since mid-August). Mortgage prices plunged 32 bps. The breach projects a move for the 10-yr to 3.00% to find its next technical support. All along when rates were gener...
09/11/2018
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