Jeffrey Samuels's Blog

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Real Estate Broker/Owner - LifeStyle Homes of Hawaii - RB-17709
RECENT BLOG POSTS
As the weather turns warmer and the days grow longer, it's time to pack away your winter clothes to make room for spring and summer things -- just make sure to store your cold-weather clothes properly. They'll look better, wear longer, and will be ready to go when winter rolls around again next y...
03/19/2012
After a series of months during which foreclosure volume was low, total filings have started to rise again, says RealtyTrac.  In February, 21 states posted a year-over-year increase in monthly foreclosure filings, according to the national foreclosure-tracking firm. This is nearly twice as many ...
03/16/2012
The U.S. economy is expanding, fueled by a renewed consumer optimism and increased consumer spending. As reported by the Census Bureau, Retail Sales in February, excluding cars and auto parts, rose 1 percent to $335 billion as 11 of 13 retail sectors showed improvement last month. February market...
03/15/2012
Tuesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent. For the fourth consecutive month, the Fed Funds Rate vote was nearly unanimous. Just one FOMC member dissented in the 9-1 vote. The Fed Funds Rate has bee...
03/14/2012
The Federal Open Market Committee meets today, its second of 8 scheduled meetings this year. As a home buyer or would-be refinancing household , get ready for changing mortgage rates. The Federal Open Market Committee is the 12-person sub-committee within the Federal Reserve that votes on the nat...
03/13/2012
The FHA is making more changes to its flagship FHA Streamline Refinance program. Beginning mid-June 2012, certain current, FHA-backed homeowners will be able to refinance their existing FHA mortgage into a new one, without having to pay the government-backed group's new, costly mortgage insurance...
03/09/2012
With home affordability at an all-time high, buoyed by the lowest mortgage rates ever, it's been a terrific time to buy or refinance a home using a mortgage. The good times may not last, though, so today marks an ideal time to lock a mortgage rate. Friday brings risk. Here's why. Since 2010, weak...
03/08/2012
According to Freddie Mac's weekly mortgage rate survey, for 13 straight weeks, the average 30-year fixed rate mortgage has held below 4.000% for mortgage applicants willing to pay up to 0.8 discount points plus a full set of closing costs. These are the lowest mortgage rates in history and now --...
03/07/2012
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