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About Maxsell Real Estate
Banks Start To Loosen Up In Underwriting
After a half-decade of tightening mortgage guidelines, banks are starting to “loosen up”.
Home Affordability Threatened By Friday’s Jobs Report
It’s a risky time to be without a locked mortgage rate — especially with the pending release of January’s Non-Farm Payrolls report.
Case-Shiller Index Says Detroit And Washington DC Lead The Market
According to the Case-Shiller Index, home values fell in 19 of 20 tracked markets in November 2011.
Supply Of New Homes At 6.1 Months Nationwide
According to the Census Bureau, the number of new homes sold in December 2011 slipped 2 percent to 307,000 units on a seasonally-adjusted, annualized basis nationwide.
Pending Home Sales Index Posts Second Best Month Since April 2010
The housing market continues to show signs of improvement, propelled by low home prices and the cheapest mortgage rates of all-time.
A Simple Explanation Of The Federal Reserve Statement (January 25, 2012)
Wednesday, the Federal Reserve’s Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent.
The Federal Reserve Meets Today : Mortgage Rates Expected To Move
The Federal Open Market Committee adjourns from a scheduled 2-day meeting today, its first of 8 scheduled meetings this year.
Existing Home Sales Approach Bull Market Territory
According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, December’s Existing Home Sales climbed by 120,00 units overall from the month prior on its way to an 11-month high.