Monthly Archives: June 2010

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

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

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The 1 Force That Can Really Change A Mortgage Rate

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

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A way to cut out ALL the middle men in short sales?

A way to cut out ALL the middle men in short sales? Continue reading

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Posted in Bob Phillips, California real estate, Coto de Caza real estate, Distressed properties, Orange County California, Orange County California real estate, South Orange County California | Comments Off

Modifications rise sharply on some mortgage loans

60-day-delinquent loans fall for first time in two years, Fannie and Freddie say Continue reading

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Posted in Bob Phillips, California real estate, Coto de Caza real estate, Distressed properties, Orange County California, Orange County California real estate, South Orange County California | Comments Off

What’s Ahead For Mortgage Rates This Week : June 28, 2010

Conforming and FHA mortgage rates fell last week, extending a rate rally that dates to early-April. Mortgage rates have fallen to several, new, all-time lows during this period and last week was no different. Continue reading

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

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

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

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. Continue reading

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

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. Continue reading

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

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. Continue reading

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What’s Ahead For Mortgage Rates This Week : June 21, 2010

Last week, rates fell to all-time lows (again) Thursday. By Friday morning, though, pricing was worsening on profit-taking and in preparation for this week — a week that promises to be heavy on both data and rhetoric. Continue reading

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