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Rants, Raves, Reviews - Important Real Estate Info

Friday, September 30, 2011. Despite Low Rates, Pending Home Sales Slip In August. Despite the lowest mortgage rates of all-time, home buyers are slowing the pace at which they're buying homes. According to the National Association of REALTORS, on a seasonally-adjusted basis, the Pending Home Sales Index fell 1 percent in August. It's one of the few national indices that "looks ahead" to future market conditions. Most housing data, by contrast, describes past events. Northeast Region: -5.8%. As a national...

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Friday, September 30, 2011. Despite Low Rates, Pending Home Sales Slip In August. Despite the lowest mortgage rates of all-time, home buyers are slowing the pace at which they're buying homes. According to the National Association of REALTORS, on a seasonally-adjusted basis, the Pending Home Sales Index fell 1 percent in August. It's one of the few national indices that looks ahead to future market conditions. Most housing data, by contrast, describes past events. Northeast Region: -5.8%. As a national...

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Rants, Raves, Reviews - Important Real Estate Info | austinherbert.blogspot.com Reviews

https://austinherbert.blogspot.com

Friday, September 30, 2011. Despite Low Rates, Pending Home Sales Slip In August. Despite the lowest mortgage rates of all-time, home buyers are slowing the pace at which they're buying homes. According to the National Association of REALTORS, on a seasonally-adjusted basis, the Pending Home Sales Index fell 1 percent in August. It's one of the few national indices that "looks ahead" to future market conditions. Most housing data, by contrast, describes past events. Northeast Region: -5.8%. As a national...

INTERNAL PAGES

austinherbert.blogspot.com

1

Rants, Raves, Reviews - Important Real Estate Info: Adjustable-Rate Mortgages Starting To Adjust Higher

http://austinherbert.blogspot.com/2011/09/adjustable-rate-mortgages-starting-to.html

Tuesday, September 13, 2011. Adjustable-Rate Mortgages Starting To Adjust Higher. For the first time in a year, homeowners with adjusting mortgages are facing rising mortgage rates. The interest rate by which many adjustable-rate mortgages adjust has climbed to its highest level since September 2010, and looks poised to reach higher. This is because of the formula by which adjustable-rate mortgage adjust. Expressed as a math formula, the adjusting ARM formula reads :. Despite LIBOR's rise, though, most a...

2

Rants, Raves, Reviews - Important Real Estate Info: Choosing A 15-Year Fixed Rate Mortgage Over A 30-Year Fixed Rate Mortgage

http://austinherbert.blogspot.com/2011/09/choosing-15-year-fixed-rate-mortgage.html

Friday, September 16, 2011. Choosing A 15-Year Fixed Rate Mortgage Over A 30-Year Fixed Rate Mortgage. It's not just 30-year fixed rate mortgages that are posting all-time lows these days. The 15-year mortgage has been plunging, too. If you've ever considered a 15-year loan term, it's a terrific time to talk to your lender. According to Freddie Mac's weekly mortgage rate survey of roughly 125 U.S. lenders, at 3.30 percent, the 15-year fixed rate mortgage is at its lowest point in history. That said, the ...

3

Rants, Raves, Reviews - Important Real Estate Info: Case-Shiller Index : 85% Of Tracked Cities Showed Home Price Improvement In July

http://austinherbert.blogspot.com/2011/09/case-shiller-index-85-of-tracked-cities.html

Thursday, September 29, 2011. Case-Shiller Index : 85% Of Tracked Cities Showed Home Price Improvement In July. Standard and Poors released its monthly Case-Shiller Index this week. The Case-Shiller Index measures home price changes from month-to-month, and year-to-year, in 20 select U.S. cities. It also reports a "national" index; a composite of the values in said cities. The most recent Case-Shiller Index shows a 0.9% rise in home values. The first Case-Shiller Index flaw is its limited scope. Alth...

4

Rants, Raves, Reviews - Important Real Estate Info: Home Affordability Still Tops Nationwide

http://austinherbert.blogspot.com/2011/09/home-affordability-still-tops.html

Friday, September 9, 2011. Home Affordability Still Tops Nationwide. Home affordability slipped slightly last quarter, dragged down by rising mortgage rates and recovering home prices in North Carolina and nationwide. The National Association of Home Builders reports a Q2 2011 Home Opportunity Index. Reading of 72.6. This means that nearly 3 of 4 homes sold last quarter were affordable to households earning the national median income of $64,200. Prior to 2009, the index had never crossed 70 even one time.

5

Rants, Raves, Reviews - Important Real Estate Info: As Jobs Tally Fades, Mortgage Rates Fall

http://austinherbert.blogspot.com/2011/09/as-jobs-tally-fades-mortgage-rates-fall.html

Wednesday, September 7, 2011. As Jobs Tally Fades, Mortgage Rates Fall. The US. economy is no longer adding new jobs. Last Friday, in its monthly Non-Farm Payrolls report, the Bureau of Labor Statistics reported that the U.S. economy added exactly zero new jobs. In August as the national Unemployment Rate held steady at 9.1 percent. Economists had expected a monthly reading of 75,000. Their estimates missed. The weaker-than-expected jobs data fueled a stock market sell-off that pushed stocks down 2.5%.

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Rants, Raves, Reviews - Important Real Estate Info

Friday, September 30, 2011. Despite Low Rates, Pending Home Sales Slip In August. Despite the lowest mortgage rates of all-time, home buyers are slowing the pace at which they're buying homes. According to the National Association of REALTORS, on a seasonally-adjusted basis, the Pending Home Sales Index fell 1 percent in August. It's one of the few national indices that "looks ahead" to future market conditions. Most housing data, by contrast, describes past events. Northeast Region: -5.8%. As a national...

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