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Viewing by month: November 2011

Nov 15 2011

More on the FHA: Robo-Signing's Effect

Today’s WSJ looks at how the Federal Housing Administration is facing steeper than projected losses that threaten to wipe out the agency’s reserves if home prices decline.

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Posted by Suzanne Baker at 4:44 PM - Categories:

Nov 12 2011

Americans Became More Hopeful About the Economic Outlook in November...

NEW YORK (Reuters) - Americans became more hopeful about the economic outlook in November, pushing consumer sentiment to a five-month high, though they still have a gloomy view of personal finances, a survey released on Friday showed.

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Posted by Suzanne Baker at 10:31 AM - Categories:

Nov 11 2011

More Californians Able to Afford Homes...

Lower prices and interest rates lead to a third-quarter increase in those who can afford a home at the statewide median to 52%, up from 51% in the previous quarter, according to a Realtor group's index.

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Posted by Suzanne Baker at 4:54 PM - Categories:

Nov 10 2011

Real Estate Foreclosures Up...

NEW YORK (CNNMoney) -- The number of foreclosures climbed in October, as mortgage lenders started to work through the paperwork problems that had delayed new filings for much of the last year.

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Posted by Suzanne Baker at 5:13 PM - Categories:

Nov 9 2011

Where's the Priciest Homes in California?

Realtor.com’s monthly housing report — based on information posted on brokers listing services — found the priciest big housing markets in California in September …

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Posted by Suzanne Baker at 4:25 PM - Categories:

Nov 7 2011

More Problems are Found with Home Buyer Tax Credits

 

Remember the federal tax credit programs offering $7,500 and later $8,000 to first-time home buyers? The credits were designed to deliver a jolt to the reeling housing industry, and they did: More than 4 million people applied for and have received nearly $30 billion worth of credits.

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Posted by Suzanne Baker at 4:38 PM - Categories:

Nov 5 2011

30-Year Mortgage Drops to 4%, Freddie Mac Says...

Investor worries over the European debt crisis helped drive the average rate for a 30-year fixed home loan down to 4% this week, according to Freddie Mac.The figure, down from 4.1% last week, was the second lowest in the 40 years Freddie has been conducting a weekly survey of the terms being offered by home lenders. The lowest average rate recorded was 3.94% four weeks ago.

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Posted by Suzanne Baker at 4:47 PM - Categories:

     
   
 
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