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Tag Archives: Homeowners

Low Long-Term Rates Continue to Spur Refinancing

Mortgage refinance applications drop, however, homeowners are still taking advantage of historically low long-term rates. What does the future hold in terms of rates?

New Home Sales Up 6.5%

The U.S. Census Bureau and the Department of Housing and Urban Development reported that sales of new homes rose 6.5% in July. Find out what factors have continued to fuel growth in the housing market.

Renting vs. Buying: Which Is Right for You?

When deciding whether you should rent or buy a home, there are several things you need to consider. Find out what the advantages and disadvantages are to renting vs. buying and see which makes the most financial sense for you.

Job Growth Falls Short of Expectations In March

110,000 new jobs were created in March, well below the 225,000 that most had forecast. As a result, mortgage rates have fallen, giving people another chance to grab a low interest rate.