Mortgage rates rose slightly in last week’s holiday-shortened week.
Beginning as soon as next week, new, mandatory mortgage fees will push conforming mortgage rates higher nationwide.
According to the Standard & Poor’s Case-Shiller Index, home prices rose 6.9% between the first and second quarter of 2012, the largest quarter-to-quarter gain since the home-value tracker’s 1987 inception.
With grocery bills rising, use these money-saving tips to get through the supermarket faster and with less money spent.
In July, the third time this year, the Pending Home Sales Index crossed its benchmark value of 100, moving to 101.7.
As reported by the U.S. Department of Commerce, 372,000 new homes were sold in July on a seasonally-adjusted, annualized basis.
According to the Federal Home Finance Agency’s Home Price Index, home prices rose by a seasonally-adjusted 0.7 percent between May and June 2012. The index is now up 3.0% over the past 12 months, and made its biggest quarterly gain since 2005 last quarter.
From a list of 744 eligible towns nationwide, Carmel, Indiana ranked first in CNNMoney’s Top Places To Live 2012.