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Single-Family Housing Starts Rise To 4-Year High
The housing market continues to improve. According to the U.S. Census Bureau, on a seasonally-adjusted, annualized basis, Single-Family Housing Starts rose to 603,000 last month, an 11 percent increase...
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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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New Home Supply Remains Firmly In “Seller’s Market” Territory
The U.S. housing market appears headed for a strong close to 2012. According to the U.S. Census Bureau, the number of new homes sold jumped to 389,000 units in September 2012 on a seasonally-adjusted,...
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Pending Home Sales Index Suggests Housing Momentum Into 2013
The home resales is expected to finish the year with strength. Last month, for the fifth straight month, the Pending Home Sales Index hovered near its benchmark value of 100, registering 99.5 in...
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October Jobs Report Blows Away Estimates; Mortgage Rates Falling
Another month, another good showing for the U.S. economy. Mortgage rates are performing surprisingly well after Friday’s release of the October 2012 Non-Farm Payrolls report. The Bureau of Labor...
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For November : Home Maintenance To-Do List
The calendar has turned to November; the month during which we transition from fall into winter. With less sunlight, colder temperatures, and shorter days ahead for DC , it’s an opportune time to cross...
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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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Which Is Better : 15-Year Fixed Rate Mortgage Or 30-Year Fixed Rate Mortgage?
As a home buyer or refinancing household in District of Columbia , you have choices with respect to your mortgage. You can choose a loan with accompanying discount points in exchange for lower mortgage...
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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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Reasons To Attend Your Own Home Inspection
As a home buyer in DC , you can get a feel for whether a home’s systems and appliances are in working order. However, you can’t know for certain until after the home’s been inspected. This is why real...
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