Cheryl Bower's Real Estate Blog
A Simple Explanation Of The Federal Reserve Statement (August 10, 2010 Edition)
Today, in its first meeting in 6 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged. The Fed Fund Rate remains at a historical low, within a prescribed target range of 0.000-0.250 percent.
Related posts:
- A Simple Explanation Of The Federal Reserve Statement (April 28, 2010 Edition)
- A Simple Explanation Of The Federal Reserve Statement (June 23, 2010 Edition)
- A Simple Explanation Of The Federal Reserve Statement (March 16, 2010 Edition)
Home Values Within 12.5 Percent Of April 2007 Peak, Nationwide
According the Federal Home Finance Agency’s Home Price Index, home values are now just 12.5 percent off their April 2007 peak nationwide. This after a half-percent monthly increase in prices in May,on average.
Related posts:
- The Home Price Index Shows Home Values Lower Broadly, But Not Specifically
- The Flawed Home Price Index Shows Home Values Up 0.8 Percent
- Home Values Rose In November 2009 By Another 0.7 Percent
Nervous About Mortgage Rates Rising? Lock Thursday — Ahead Of Friday’s Jobs Report
Analysts expect that a net 65,000 jobs were lost in July. Wall Street — and Main Street — have a big interest in those results.
Friday’s July Jobs Report Could Spur Mortgage Rates Higher
Related posts:
- Tying Friday’s Jobs Report To Rising Mortgage Rates
- Good Friday + Jobs Report Data = Major Mortgage Rates Movement
- The January 2010 Jobs Report May Lead Mortgage Rates And Home Prices Higher
As The Pending Home Sales Index Falls, Home Buyers See Dollar Signs
June’s Pending Home Sales Index is weak by most measures, but if you’re a home buyer, the headlines aren’t so bad. Fewer home sales can push negotiation leverage to the buy-side of a transaction.
Related posts:
- How To Make Sense Of The Pending Home Sales Index
- Pending Home Sales Soar In February, As Expected. Buyers Are Everywhere.
- Higher Home Prices Ahead, Says The Pending Home Sales Index
WEEKLY HOT RATES for the week of 7/28/2010 as provided by Guarantee Mortgage
WEEKLY HOT RATES for the week of 7/28/2010 as provided by Guarantee Mortgage Wow! I’ve never seen rates this low. It’s nice to see jumbo loan rates have come down as well. Did you think rates would ever go below 5%? 30 Yr Fixed Conforming to $417K 4.125% 1.000″ POINTS APR = 4.225% 30…
Read MoreCase-Shiller Shows Home Price Improvement In 95% Of Cities
Standard & Poors released its Case-Shiller Index Tuesday. On a seasonally-adjusted basis, between April and May 2010, home prices rose in 19 of Case-Shiller’s 20 tracked markets. It’s the second straight month of strong Case-Shiller findings.
Related posts:
- Case-Shiller Shows Home Price Improvement In 90% Of Cities
- Case-Shiller Shows Home Price Improvement In A Majority Of Cities Nationwide
- Home Prices Show Improvement In 19 of the 20 Case-Shiller Markets
Summer 2010 Market Outlook for San Francisco’s Real Estate Market
Summer 2010 Market Outlook for San Francisco’s Real Estate Market July 23, 2010 Real Estate Report News and Updates for Homeowners In This Issue Summer Market Outlook Applications Now Being Accepted for GoSolarSF Tax Credit Extension is Welcome News Living With Nature in the City SFPL Now Offers Free Language Learning Tools How the…
Read MoreSOLD: Stoneyford Avenue, Excelsior District, San Francisco, CA
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