Friday, February 23, 2007
"Thirty year fixed-rate mortgages declined this week to an average of 6.22 percent, down from 6.30 percent last week and 6.26 percent a year earlier" quoted from Realtor Magazine Online based on Freddie Mac reports. For the end of this week a 15-year fixed-rate mortgage averaged 5.97 percent. Last week it was 6.03 and a year ago it was 5.97 percent. 5 and 1-year ARMs also dropped. Next week reports will indicate the strength of the housing industry and how it's affecting the economy. Realtor Magazine Online ArticleFreddie Mac
| Posted by maricela at 12:25 PM |
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Tuesday, February 13, 2007
This article is a report conducted by nightly business correspondent, Erika Miller as she interviews Economist, Societe Generale, Stephen Gallagher and Chief Economist, Fact and Opinion Economics, Stephen Gallagher, and Chief US Economist, Deutsche Bank, Joseph Lavorgna. They reviewed what will effect 2007's economy and how the housing market will play a role in the economy's future.
PBS Article
| Posted by maricela at 11:19 AM |
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Monday, February 12, 2007
Are you debating if you should cash in or double down before the next boom. Experts suggest that both options are strategies that can be used in today's market. This article reflects on different strategies that you can use in the real-estate market.
CNN Money Article
| Posted by maricela at 10:01 AM |
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