by Coos Bay Properties American unemployment benefit claims increased marginally last week, but experts say that the labor market is continuing to improve. According to the Labor Department, initial state claims slightly increased to a seasonally adjusted rate of 326,000. The claims report cover
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01/24/2014
by Coos Bay Properties According to RealtyTrac, foreclosures in the U.S. last year fell 26% from 2012. 2013 saw the lowest level of foreclosures in six years. The total number of foreclosures, scheduled auctions, notices of default and bank repossessions fell to 1.36 million last year, helping th
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01/18/2014
by Coos Bay Properties New data from Freddie Mac states that mortgage rates stayed around the same this week. The 30-year, fixed-rate mortgage for last week averaged 4.51%, up from 3.40% last year, and down 0.2% from the week prior, while the average 15-year, fixed-rate mortgage came in at 3.56%
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01/12/2014
by Coos Bay Properties According to Freddie Mac’s mortgage survey, the average fixed-rate mortgage is continuing to see a slight increase. Pending home sales jumped 0.2% last month, and consumer confidence also experienced additional growth as 2013 came to a close. 30-year fixed-rate mortgages av
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01/04/2014