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Category: Finance

Fed keeps interest rates near zero, mortgage rates drop sharply

RISMedia On Dec. 16, the Federal Reserve announced it would be keeping its short-term interest rate…

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December 18, 2020 December 18, 2020Finance

Pending home sales hit all-time high

MPA | Candyd Mendoza Pending home sales increased for the fourth consecutive month in August, according…

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October 6, 2020 October 6, 2020Finance

Study: 3 in 4 mortgage holders could benefit from refinancing

REALTOR Magazine The 30-year fixed-rate mortgage continues to hit new all-time lows practically on a monthly…

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September 21, 2020 September 21, 2020Finance

Federal Reserve predicts 2.5 years of ultra-low rates

The Mortgage Reports | Tim Lucas Mortgage rates plummeted Wednesday after suffering painful increases late last…

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June 16, 2020 June 16, 2020Finance, Industry News, News

Can’t find an affordable FHA-approved home? You have options.

Associated Press | Kate Wood, NerdWallet […] It’s unsurprising that FHA loans are especially popular with…

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March 9, 2020 March 9, 2020Finance, Industry News

Washington Real Estate Excise Tax (REET) change coming Jan. 1

Northwest MLS Effective Jan. 1, 2020, Washington state will begin calculating Real Estate Excise Tax (REET)…

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December 24, 2019 December 24, 2019Finance, Industry News, News, Taxes

Report: consumer house-buying power is the highest it’s been since 1991

HousingWire | Alcynna Lloyd In June, consumer home-buying power increased by 12.2 percent from the previous…

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August 29, 2019 August 29, 2019Finance, Industry News, Mortgage, News

Certain home sales of $400,000 and under may soon not need an appraisal

HousingWire | Ben Lane A proposal to increase the threshold at which residential home sales require…

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August 27, 2019 August 27, 2019Finance, Industry News, News

Homeowners could benefit from refinancing with current rates

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REALTOR Magazine A recent sharp drop in mortgage rates hasn’t unlocked savings just for those looking…

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June 25, 2019 June 25, 2019Finance, Industry News, Mortgage, News

Share of borrowers with interest rates under 5% is growing

According to a report from LendingTree, 85 percent of borrowers received rates lower than five percent.…

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February 11, 2019 February 11, 2019Finance, Industry News, Mortgage
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