Weekly Market Recap

Here is what was at the top of the headlines for the mortgage industry this past week: 1. CoreLogic Predicts: Sellers’ Market For Now, but Home Price Surge Will Not Last Home prices increased during the first quarter of 2013 by 10.2 percent, the first...

Pending Home Sales Up 4.5% in January

We’re off and running in 2013! More great news from our friends at the National Association of Realtors (NAR). Pending home sales were up in all regions of the country. From December to January, pending home sales were up 4.5%. Since this time last year, pending...

Home prices rise for fifth month in a row

According to CNNMoney.com, the housing market continues to gain momentum as home prices rose 0.9% in 20 major cities. The slow improvement in the economy and low mortgage rates have contributed to the ongoing recovery.  Interest rates on a 30-year mortgage are the...
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