Monthly Archives: 2010年November

New Home Sales Slip In October

After posting a strong September, the number of newly-built homes sold nationwide slipped in October. Total units sold on an annual basis dropped by 25,000 from September; supplies of new home......

What’s Ahead For Mortgage Rates This Week : November 29, 2010

In a holiday-shortened week on Wall Street, mortgage markets improved on 3 of 4 days, but still posted its fourth consecutive losing week. Unfortunately for rate shoppers and home buyers in IL......

Fed Minutes Help Push Mortgage Rates To 4-Month High

The Federal Reserve released its November 2-3, 2010 meeting minutes Tuesday afternoon. Mortgage rates in IL have been on the move since. The Fed Minutes is a comprehensive review of Federal Op......

October Existing Home Sales : Buyers And Sellers In Balance

After two months of surging sales, home resales fell by 100,000 units last month to 4.4 million homes nationwide. October’s Existing Home Sales tally is slightly below the report’s......

Applying For A Mortgage Soon? Don’t Open New Credit Cards On Black Friday.

Black Friday is 3 days away. It’s the official start of the 2010 Holiday Shopping Season. Sales are expected to top $111 billion this year and, already, businesses are vying for shoppers......

What’s Ahead For Mortgage Rates This Week : November 22, 2010

Mortgage markets worsened last week as the U.S. dollar gave up ground in currency markets, and inflation concerns mounted. In response to the events, conforming mortgage rates in IL rose for t......

Mortgage Rates Still Rising. Is This The End Of The Refi Boom?

Rock-bottom mortgage rates may be gone for good.  This week’s Freddie Mac Primary Mortgage Market Survey shows in numbers what IL rate shoppers have learned the hard way — mo......

Housing Starts Data Much Better Than The Headlines Would Have You Believe

Newspaper stories can be misleading sometimes — especially with respect to real estate. We saw a terrific example of this Wednesday. A “Housing Start” is a privately-owned ho......

Homebuilders Expect A Surge In New Home Sales

Homebuilder confidence is higher for the third straight month this month. According to the National Association of Home Builders/Wells Fargo Housing Market Index, a combination of shrinking ne......

Mortgage Rates Spike On Strong Retail Sales Data. Could 4 Percent Rates Be Done?

If consumer spending is a key to economic recovery, the nation is on its way. Monday, the Census Bureau released national Retail Sales figures for October and, for the second straight month, ......

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