The Pending Home Sales Index surged 10 percent in October as low mortgage rates and low home prices spurred buyers into action. The market looks different today, however.
Entries from December 2010
Pending Home Sales Index Points To A Budding Seller’s Market
December 19th, 2010 · Comments Off on Pending Home Sales Index Points To A Budding Seller’s Market
Tags: Economy · New Jersey · Pending Home Sales · Pennsylvania · Real Estate
Why Builder Confidence Surveys Matter To Buyers Of New Homes
December 18th, 2010 · Comments Off on Why Builder Confidence Surveys Matter To Buyers Of New Homes
Despite an unfavorable HMI reading, home builders might still be less willing to “make a deal”; holding out for a better 2011.
Tags: Homebuilders
Simple Real Estate Definitions : Loan-Level Pricing Adjustments
December 16th, 2010 · Comments Off on Simple Real Estate Definitions : Loan-Level Pricing Adjustments
Loan-level pricing adjustments are mandatory loan fees based on a borrower’s specific default risk.
Tags: Mortgage Lending · New Jersey · Pennsylvania · Real Estate Definitions
A Simple Explanation Of The Federal Reserve Statement (December 14, 2010 Edition)
December 14th, 2010 · Comments Off on A Simple Explanation Of The Federal Reserve Statement (December 14, 2010 Edition)
Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged within in its target range of 0.000-0.250 percent.
Tags: Consumer Lending · Economy · FOMC · Mortgage Lending