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Archive | June, 2010

Case-Shiller Shows Home Price Improvement In 90% Of Cities

June 30, 2010

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In reviewing the April Case-Shiller Index and its accompanying analysis, it appears that the housing market’s rebound is gathering momentum.

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The 1 Force That Can Really Change A Mortgage Rate

June 29, 2010

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Mortgage rates move in response to hundreds of factors. Among the biggest influences on mortgage rates? Inflation.

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How To Use A Fire Extinguisher In Your Home

June 28, 2010

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In 2006, in the U.S., a person died in an in-home fire every 2 hours, 42 minutes, on average; someone was injured every 32 minutes. Nearly $7 billion of property damage was caused.

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Buyers Take The May 2010 New Home Sales Data All The Way To The Bank

June 25, 2010

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The press is referring to the May New Home Sales report as “poor”. A closer look, however, shows that may not be the case.

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A Simple Explanation Of The Federal Reserve Statement (June 23, 2010 Edition)

June 23, 2010

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Today, in its first meeting in 5 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Fund Rate remains within its target range of 0.000-0.250 percent.

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A Simple Explanation Of The Federal Reserve Statement (June 23, 2010 Edition)

June 23, 2010

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Today, in its first meeting in 5 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Fund Rate remains within its target range of 0.000-0.250 percent.

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May 2010 Existing Home Sales Is Better Than The Headline Data Suggests

June 23, 2010

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The press is calling the May 2010 drop in Existing Home Sales “unexpected” and disappointing, but a deeper look at the data shows the news isn’t as bad as it first appears.

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Making A Mortgage Rate Strategy Ahead Of The Fed’s Meeting This Week

June 22, 2010

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The Federal Open Market Committee begins a 2-day meeting today, its fourth scheduled meeting of the year, and fifth overall. There’s no expectation for the Fed to change the Fed Funds Rate but that doesn’t mean consumers should expect mortgage rates to remain unchanged, too.

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The Largest Historic Homes In The United States

June 21, 2010

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The Biltmore Estate, built in 1895 by George Washington Vanderbilt II, measures 175,000 square feet — 83 times the size of a typical home today.

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The Home Buyer Tax Credit Extension Has Not Been Passed Into Law (Yet)

June 18, 2010

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Contrary to what you may have read (or heard), the federal home buyer tax credit has not been extended past June 30, 2010. At least not yet.

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