Tag Archives: Mortgage Rates

Record High New Home Prices Have Room to Grow

Supplies of new and existing homes are at levels not seen since the frenzy of the last housing boom. The phenomenon is national and not just relegated to the former boom markets. April listings were down 41 percent from a … Continue reading

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Homes Selling at Fastest Pace Since Boom

While homes are certainly selling faster, double digit price gains are not considered healthy, especially when wage growth is nowhere near that. At some point buyers will hit the wall, unable to afford the homes they want. (Read More: US … Continue reading

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Why Rising Rates Are Rattling the Mortgage Market

“Underlying interest rates are moving higher, dragging mortgage rates along with them,” said Keith Gumbinger, vice president of HSH.com, a data and analytics site. “This has come as the result of somewhat better conditions in the labor market, helping investors … Continue reading

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Why Rising Rates are Rattling the Mortgage Market

“Underlying interest rates are moving higher, dragging mortgage rates along with them,” said Keith Gumbinger, vice president of HSH.com, a data and analytics site. “This has come as the result of somewhat better conditions in the labor market, helping investors … Continue reading

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Mortgage Lending Loosens…But Far From Loose

Rates have been trending lower of late due to trouble overseas and the weak U.S. employment picture. That uncertainty continues to send investors to the safety of the 10-year Treasury, pushing yields lower. Mortgage rates loosely follow those yields. But … Continue reading

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Home sales, prices heading up in Denver

DENVER — The housing market is turning into a bright spot in the U.S. economy. A report out Tuesday shows home prices across the country continue to climb at a record-breaking pace… Including here in Denver. What does this report … Continue reading

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Mortgage rates fall again after weak jobs report

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Mortgage rates dip from last week

Mortgages rates slipped this week, even as the SP 500 Index and the Dow Jones Industrial hovered around record highs. The reported decline comes just a day after a Federal Reserve official said that the Fed could begin to wind down its stimulus … Continue reading

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Denver’s hot real estate market now seeing quick, 24-hour sales

Metro Denver’s housing market has roared back to life with an early spring rush characterized by multiple offers, low inventory and — in some cases — homes going under contract within 24 hours of being listed. “It’s a frenzy out … Continue reading

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Trulia: Owning Costs 44% Less than Renting

Home price gains may be outpacing increases in rent, but the cost of being a homeowner is still much less than that of a renter, according to Trulia’s Winter 2013 Rent vs. Buy report. After factoring all cost components including transaction costs, … Continue reading

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