The Home Price Index Shows Home Values Lower Broadly, But Not Specifically Home values fell again in January, according to the Federal Home Finance Agency's Home Price Index. Values were reported down 0.6 percent, on average. We say "on average" because the Home Price Index is a national repor
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03/26/2010
The Average Household Will Get $2,800 In Tax Refunds. Will You? April 15 is Tax Day and the IRS estimates that the average U.S. household will receive a $2,800 tax refund this year. If you're among the Americans expecting a refund, this 4-minute piece from NBC's The Today Show may be helpful.
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03/25/2010
Existing Home Sales Flatten And Point To A Much Better Spring As expected, Existing Home Sales fell in February, slipping 30,000 units versus January's numbers. It's the 4th straight month in which Existing Home Sales were lower, month-over-month. An "existing" home is one that is previously own
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03/24/2010
CNNMoney.com Predicts The Best And Worst Real Estate Markets For 2010 CNNMoney.com recently published its 2010 forecast and projections for home prices in the country's largest metro markets. Listed as "Top 25" and also comprehensively by state, CNNMoney.com's home price forecasts puts Santa
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03/23/2010
Homes are more affordable across the nation as the housing market emerges from a slow winter season with mortgage rates still near 5 percent. Soft housing and low rates are an excellent combination for home buyers but whereas home values rise with a gradual pace, mortgage rates change in an ins
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03/19/2010
For Clues About The Future Of Mortgage Rates, Watch For Inflation Homes are more affordable across the nation as the housing market emerges from a slow winter season with mortgage rates still near 5 percent. Soft housing and low rates are an excellent combination for home buyers but whereas hom
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03/19/2010
Single-Family Housing Starts Hold Steady For The 8th Straight Month Single-family Housing Starts idled last month, dropping just 3,000 units from the month prior, or 0.2%. According to the Commerce Department's report, February marked the 8th straight month in which Housing Starts straddled the
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03/18/2010
A Simple Explanation Of The Federal Reserve Statement (March 16, 2010 Edition) Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged, in its target range of 0.000-0.250 percent. In its press release, the FOMC noted that the U.S. economy "has continued to str
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03/17/2010
Today, the Federal Open Market Committee voted 9-to-1 to leave the Fed Funds Rate unchanged, in its target range of 0.000-0.250 percent. In its press release, the FOMC noted that the U.S. economy "has continued to strengthen" and that the jobs markets "is stabilizing". It also said that busine
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03/16/2010
A Rate-Locking Strategy For Today's Fed Meeting The Federal Open Market Committee adjourns from a scheduled 1-day meeting today, its second of the year. The FOMC has held the Fed Funds Rate in a target range of 0.000-0.250 percent since December 16, 2008, and the voting members of the Fed are
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03/16/2010