Consumer Attitudes on Housing Continue

Consumer Attitudes on Housing Continue Summer Season’s Gradual Upward Trend Americans’ Overall Economic Sentiment Shows Marked Improvement, Some Areas Post Record Highs Results from Fannie Mae’s September 2012 National Housing Survey show Americans’ optimism about the recovery of the housing market and with regard to homeownership continued its gradual climb, bolstered by a series of …

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Rates Continue to Fall Hitting New Lows Amid Economic Concerns

Just when it seemed like rates could not fall any further, Freddie Mac reported fixed mortgage rates sunk even further for the week ending May 10. The 30-year fixed-rate mortgage averaged 3.83 percent (0.7 point), down slightly from last week’s average of 3.84 percent. A year ago at this time, the 30-year was 4.63 percent. …

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Don’t overpay for title insurance

Don’t overpay for title insurance Many refinancing borrowers continue to overpay for title insurance because they don’t know enough to ask. Not everyone is eligible, however. Cutoff dates In most states, insurers set a cutoff on how old a mortgage can be to be eligible for a reissue rate. The most common cutoff is 10 …

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Better Days Ahead for the Real Estate Market?

Despite the fact that key market indicators released in recent weeks have shown declines in home sales, anecdotal reports from real estate agents in the field suggest “better days are ahead for the industry,” according to commentary released Monday by the economic team at Wells Fargo Securities, LLC. Even builders – who’ve endured possibly the …

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