Monthly Archives: October 2016

The Best Neighborhoods for Trick-or-Treating

An area’s real estate data may hold the key to the most pressing thing on a child’s mind today: Where can I get the most candy on Halloween? HomeUnion, an online real estate investment and management firm, sought to find out. It analyzed the largest metros in the U.S. based […]

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Mortgage Rates Recede to Near-Record Lows

Fixed-rate mortgage rates dropped this week, basically erasing last week’s spike. 30-year rates dipped below 3.5 percent, its summertime average, offering even lower borrowing costs to would-be home buyers and refinancers. “Mortgage rates continue to be relatively stable and at near record lows,” says Sean Becketti, Freddie Mac’s chief economist. […]

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HUD Sets Requirements for Condo Financing

The U.S. Department of Housing and Urban Development released a mortgagee letter Wednesday setting out requirements for when a buyer of a condo unit can get FHA-insured financing in a development that has an owner-occupancy ratio as low as 35 percent. The letter stipulates that the development must show it […]

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50 Markets Ranked: Where Does Yours Fall?

Who has the hottest single-family housing market this fall? Fort Lauderdale, Fla., according to a new report released by Ten-X, an online real estate marketplace. Ten-X ranked the 50 largest single-family housing markets for fall 2016 based on current and forecasted fundamentals. Florida markets continue to dominate its list for […]

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Mortgage Rates Surge to 4-Month High

For the second week, mortgage rates moved higher. This time, the 30-year fixed-rate mortgage inched above 3.5 percent for the first time since June. “This month, mortgage rates seem to be catching up to Treasury yields and returning to pre-Brexit levels,” says Sean Becketti, Freddie Mac’s chief economist. Freddie Mac […]

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