• Although vacationing during the cold winter months is exciting, it’s important to take care of all the mundane details before leaving your home for a significant amount of time. Nobody wants to worry about the safety of their home while vacationing, and you won’t have to if you take these steps.

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  • Characterized by bright colors, woven fabrics and handcrafted pieces, southwestern-style decorating takes influences from Native American, Spanish and Mexican art. Whether you live out west and want your home to reflect your surroundings, or you simply want to incorporate colorful or handmade items into your existing decor, here are some tips to help you...

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  • A new phenomenon is affecting the mortgage and real estate industries. People who bought a home or refinanced in the last few years have such a ridiculously low mortgage rate that they don’t want to move and have to accept a new mortgage with a higher rate. But the reality is that these people...

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Market Update – S&P 500 Results Higher Than Estimates

Market Update – S&P 500 Results Higher Than Estimates

Yesterday, mortgage prices moved higher after a strong 5-year auction. Over 80 percent of companies in the S&P 500 have reported second-quarter results higher than analyst estimates, moving 10-year treasury prices lower while mortgage bonds have stayed relatively flat. Today, mortgages are slightly lower from yesterday’s close before the sale of $29 billion 7-year notes, the last of three note auctions this week.

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Market Update – Treasuries Up After News of Recovery Slowing

Market Update – Treasuries Up After News of Recovery Slowing

U.S. treasuries were up this morning on speculation that the Federal Reserve’s Beige Book report will show that the U.S. recovery is slowing, which is pushing expectations that rates will stay low fom some time. Durable goods orders came in a little worse than expected and this is the second consecutive monthly decrease. Also, we have a $37 billion 5-year auction today at 1 p.m.

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Market Update – New Home Sales Expected to Increase

Market Update – New Home Sales Expected to Increase

The market is slightly down this morning. Some of the key economic releases this week include today’s new home sales report which is expected increase. On Tuesday, another housing report will be released and the Treasury will begin their weekly auctions. They will be auctioning a total of $104 billion of securities this week. Also, there are a lot more earnings releases slated for the week including the GDP report.

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