The summer housing market is heating up. According to data from the National Association of REALTORS®, the Pending Home Sales Index smashed analyst expectations, jumping 8 percent on a monthly basis in May. Wall Street calls were for an increase of just 0.5 percent. It was a surprise result tha
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06/30/2011
Wednesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent. The vote was 10-0 -- the fourth straight unanimous vote for the nation's Central Bank. In its press release, the FOMC said that the economy is recoverin
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06/23/2011
Despite rising new home sales and an increase in building permits nationwide, home builder confidence slipped to a 9-month low in June. The monthly Housing Market Index from the National Association of Homebuilders registered 13 this month -- three ticks lower than last month, and its lowest lev
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06/21/2011
It's a fact: It's more expensive to live in some cities than others. Beyond just the costs of buying a home, different cities also carry a different Cost of Living. For households relocating from Arizona and across state lines, the change in "life costs" can be jarring. Depending on where you li
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06/10/2011
Mortgage markets improved last week, carried by the same stories that have led markets better since April. Worries of a Eurozone sovereign debt default mounted, and the U.S. economy's revival showed itself to be slower than originally anticipated. In Greece, the nation readied itself for its seco
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06/06/2011
Pre-Qualify for This 3 Bedroom Country Place for Sale with Brian Gallegos Mortgage Banker with Primary Residential Mortgage Inc Arizona FHA Mortgage Expert at www.solveyourmortgageneeds.com or text 602-692-9933. This specific 3 Bedroom Country Place for Sale features 3 Bedrooms and 2 Bathrooms wi
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06/03/2011
The March Case-Shiller Index was released this week and it corroborates the findings of the government's most recent Home Price Index -- home values are slipping nationwide. According to the Case-Shiller Index's publisher, Standard & Poors, home values fell in March from the year prior. The Marc
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06/03/2011
Tomorrow morning, at 8:30 AM ET, the Bureau of Labor Statistics releases its Non-Farm Payrolls report for May. If you're floating a mortgage rate right now -- or are in the process of shopping for a loan -- consider locking your rate sooner rather than later. The Non-Farm Payrolls report can be
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06/02/2011
