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HUD: New Home Sales Above Estimates

By Staff Writer The HUD and the Census Bureau released their May New Home Sales Report, above prior estimates. Read ahead to see current projected inventory supply, as well as the median and average home prices… The post HUD: New Home Sales Above Estimates appeared first on theMReport.com. Via:: HUD: New Home Sales Above Estimates       

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Senior home equity hits all-time high in Q1

Senior home equity increased in the first quarter of 2017 to $6.3 trillion, an all new high since the National Reverse Mortgage Lenders Association began tracking the figure in 2000. Experts pointed out this will benefit seniors who want to modify their homes after becoming empty nesters. Via:: Senior home equity hits all-time high in Q1       

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Freddie Portfolio On the Rise Again

By Aly J. Yale According to the latest data, Freddie Mac’s total mortgage portfolio has increased once again. But while it certainly rose over last month, the portfolio’s growth is nothing compared to a few months prior. So what does that mean for the long-term health of the GSE? The post Freddie Portfolio On the Rise Again appeared first on …

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Freddie Mac Portfolio Rises Once Again

By Aly J. Yale Freddie Mac’s total mortgage portfolio has increased once again, this time rising at an annualized rate of 1.8 percent for the month. That’s up from the 0.5 percent jump the portfolio experienced in April, but it pales in comparison to a few months prior. So just how well is the GSE doing? And what will the …

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Rates Cap Impressively Sideways Week Near Long-Term Lows

By Matthew Graham Posted To: Mortgage Rate Watch Weeks like this are the reason that some mortgage rate analysis is only done once a week. There haven’t been any significant developments in financial markets–at least not as far as bonds (which dictate rates) have been concerned. And there certainly hasn’t been any significant movement in mortgage rates themselves. In fact, …

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