REFINANCED BORROWERS EXPECTED TO SAVE NEARLY $5B IN INTEREST PAYMENTS Freddie Mac recently released the results of its fourth quarter 2014 quarterly refinance analysis, showing that borrowers are continuing to take advantage of near record low mortgage rates to lower … Continue reading
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Existing-home sales are forecasted to rise about 7% in 2015 behind a strengthening economy, solid job gains, and a healthy increase in home prices, according to NAR’s Chief Economist Lawrence Yun. Despite his forecasted increase in sales, Yun cites the … Continue reading
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Seven months ago the city of Santa Cruz put into place mandatory water rationing for all households. Over the past two years California has gone through one of the driest periods in its history, with 2013 bringing in a mere … Continue reading
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Realtor.com’s chief economist Jonathan Smoke launched his 1st annual forecast, and in an industry crowded with analysis and economists throwing around numbers, he’s determined to stand out. What we’re doing is perfectly in line with the feedback from the industry … Continue reading
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