Fixed-Rate Mortgages Continue To Advance

Thirty-year, fixed-rate mortgages reached 3.35%, jumping .11% from last week. Additionally, fifteen-year fixed-rate mortgages increased to 2.8% from the previous week, ending January with a .10% elevation. Frank Nothaft, Freddie Mac’s vice president and chief...

Housing Starts And Completions Flourish

The housing market maintains a promising future as monthly, and annual growth continues. Housing starts in 2012 were 28.1% higher than housing starts in 2011. Analysts found that as 2012 came to an end, housing starts gained strength. The majority of housing starts...

Foreclosure Crisis May Be At An End

The foreclosure crisis has come to an end according to Daren Blomquist, vice president of RealtyTrac and speaker at the 2013 REOCON Summit and Expo held in Dallas, Texas. Blomquist commented on REO starts and completions saying that approximately 10 million REO starts...

Job Market Gains Momentum

According to the 2013 Alumni Perspectives Survey from the Graduate Management Admission Council, 92% of 2012 business and management graduates became employed soon after graduation, a number that has increased 6% from the previous year. Jonathan Masland, co-director...

Housing Market Helps Build Stable Economy

The U.S housing market is helping to build a more stable economy according to Fannie Mae. Chief Economist Doug Duncan at Fannie Mae said, “as fiscal policy debates subside later in the spring, we expect to see some upward trend in economic activity, with...