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Pending Home Sales Suffer Largest Drop of Year

by devteam January 29th, 2015

The rate at which contracts were signed to purchase homes was down slightly in December the National Association of Realtors® (NAR) said today. Even though buyers were looking at the lowest interest rates of the year NAR’s Pending Home Sales

Freddie Mac Index Shows Deterioration in some Energy Dependent Markets

by devteam January 29th, 2015

Freddie Mac's Multi-Indicator Market Index (MiMi) rose nationally this month for the third consecutive time. This, along with improving three month trends in thirty-four states and the District of Columbia and 37 of 50 metropolitan areas shows, the company

Mortgage App Surge Levels off as Rates Ebb

by devteam January 28th, 2015

The law of physics prevailed last week and mortgage applications, riding high for the previous two weeks, returned to earth. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of loan applications volume, was 3.2 percent

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