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Housing Market Update: Home Prices Increased a Record 17%, Pending Sales Up 19% From a Year Earlier

The average sale-to-list price ratio passed 100% for the first time as home prices surge….(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Around The Web

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Pending Home Sales Retreat 2.8% in January, but Climb From Last Year

Pending Home Sales Retreat 2.8% in January Pending home sales took a step backward in January as inventory constraints continue to hold back prospective buyers. Media Contact:  Quintin Simmons 202-383-1178

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Five key takeaways from Janet Yellen’s Treasury confirmation hearing

An audience of mostly friendly legislators questioned Yellen across a variety of topics….(read more) Forward this article via email:  Send a copy of this story to someone you know that may want to read it. Around The Web

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Mortgage Rates Edge Higher From Long-Term Lows

Mortgage rates hit another all-time low on Friday for most lenders. Other lenders had slightly lower rates yesterday morning. Since then however, almost every lender has moved up from those lows, even if only by microscopically small amounts in the bigger picture. Purchases and refinances continue to be offered at vastly different rates. The gap […]

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Mortgage Rates Well-Protected From Jobs Report Volatility

Posted To: Mortgage Rate Watch Tomorrow brings the month’s most important economic report: the Employment Situation, often referred to simply as “the jobs report.” No other piece of economic data has remotely the same track record of inspiring movement in the bond market (which, in turn, inspires movement in interest rates). But not all interest […]

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Landlord Statistics from the 2018 Rental Housing Finance Survey

Understanding the profile of landlords is important because any policy pertaining to renters also impacts landlords and their ability to provide rental housing supply. www.nar.realtor – Research

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Top 1% Work from Home Counties

The coronavirus pandemic period has shown that workers can work at home productively given the state of technology that enables workers to access their work files from anywhere, collaborate, and stay connected. This means that working from home or remotely is likely to become part of the workforce culture. www.nar.realtor – Research

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Still Reeling From Last Week, Mortgage Rates Tiptoe Lower

Mortgage rates managed to improve modestly for the average lender today, but they remain significantly higher than they were before last week’s regulatory drama . By the time we consider the size, scope, and the precipitous imposition of the new refi fee, we’ve never seen anything remotely similar. Lenders were definitely taken by surprise and […]

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