Monthly Archives: 2010年June

Case-Shiller Shows Home Price Improvement In 90% Of Cities

Standard & Poors released its Case-Shiller Index Tuesday.  The index is a monthly home valuation report from select cities and among the private sector’s most popular home pric......

The 1 Force That Can Really Change A Mortgage Rate

All day, every day, conforming and FHA mortgage rates in IL are in flux.  Rates move in response to hundreds of factors which exact varying levels of influence. Among the biggest influenc......

What’s Ahead For Mortgage Rates This Week : June 28, 2010

Mortgage markets improved last week in response to mostly negative data about the U.S. economy, and the Federal Reserve’s acknowledgement that Eurozone financial ills could cross the Atl......

Seen at the cemetery… #Chicago #Blackhawks #pic

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Buyers Take The May 2010 New Home Sales Data All The Way To The Bank

One month after the federal homebuyer tax credit’s official expiration, the New Home Sales report turned in its worst showing ever. In May 2010, for the first time in 11 months, the inv......

A Simple Explanation Of The Federal Reserve Statement (June 23, 2010 Edition)

Today, in its first meeting in 5 weeks, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged.  The Fed Fund Rate remains within its target range of 0.000-0......

May 2010 Existing Home Sales Is Better Than The Headline Data Suggests

Existing Home Sales dropped in May for the first time in 3 months but still managed to post its second-highest since November 2009, buoyed by the expiring federal tax credit program. An “......

Making A Mortgage Rate Strategy Ahead Of The Fed’s Meeting This Week

The Federal Open Market Committee begins a 2-day meeting today, its fourth scheduled meeting of the year, and fifth overall. The FOMC is the monetary policy-setting part of the government and ......

What’s Ahead For Mortgage Rates This Week : June 21, 2010

Mortgage markets improved last week on weaker-than-expected jobless figures, ongoing troubles in Europe, and a tame reading on domestic inflation. As a result, conforming mortgage rates for IL......

The Home Buyer Tax Credit Extension Has Not Been Passed Into Law (Yet)

As its June 30, 2010 closing deadline approaches, the federal home buyer tax credit is back in the news. Unfortunately, the headlines are misleading. Contrary to what you may have read (or hea......

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