The Pending Home Sales Index surged 10 percent in October as low mortgage rates and low home prices spurred buyers into action. The market looks different today, however.
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How To Install Motion-Detector Lighting On Your Home
Home security experts recommend motion-detector lighting to be installed on all 4 sides of a home. Here’s a step-by-step tutorial of how to get it done.
Understatement : Freddie Mac Says Mortgage Rates Rose Last Week
Mortgage rates are moving quicker than the news can accurately report them. This week’s Freddie Mac mortgage rate survey is an excellent example.
September’s Case-Shiller Index Reflects A Slowing Housing Market
Standard & Poors released the September Case-Shiller Index Tuesday. The Case-Shiller Index is a home-value tracker. The report shows home prices down 0.7% from August and values fading, in general.
New Home Sales Slip In October
After posting a strong September, the number of newly-built homes sold nationwide slipped in October.
How To Find Air-Leaking Windows And Seal Them
In this 4-minute video from the DIY Network, you’ll learn how to identify your home’s leaky windows, and how to seal them with caulk. The job requires a little bit of elbow grease, but it’s manageable for even the notice handyman.
Fed Minutes Help Push Mortgage Rates To 4-Month High
Bond markets have not taken kindly to the Fed Minutes. The minutes show a propensity toward Fed “action”, most of which markets believe to be inflationary. Inflation leads to higher mortgage rates and that’s exactly what we’ve seen.
October Existing Home Sales : Buyers And Sellers In Balance
It’s encouraging that first-time and investment property buyers were both outnumbered by “move-up” buyers in October; buyers that have sold their respective homes in favor of larger ones.
Applying For A Mortgage Soon? Don’t Open New Credit Cards On Black Friday.
Shoppers should think twice about is the popular “Open A Charge Card, Save 20%” promotion. The short-term savings may be tempting, but the long-term costs may be huge.