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July 2010 - Posts

Mortgage Rates hit another Historic Low
According to Freddie Mac's latest Primary Mortgage Market Survey (PMMS), the 30-year fixed-rate mortgages reached new record lows this week, again. This week's rate is the lowest since Freddit Mac began recording rates in 1971. Frank Nothaft, Read More...
Home Sales Nationwide Fall in June
The National Association of Realtors reported that existing home sales fell last month to a seasonally adjusted annual rate of 5.37 million units, down from 5.66 million in May. Sales year-over-year were up 9.8% but down 5.1% in June. "The housing Read More...
Florida May Real Estate Sales
Sales of existing homes in Florida rose 18 percent in May, marking 21 months that sales activity has increased in the year-to-year comparison, according to the latest housing data released by Florida Realtors®. A total of 16,745 single-family existing Read More...
Home Prices Up in US
According to Clear Capital's latest Home Data Index (HDI), federal homebuyer tax credits helped springtime price gains, as national quarter-over-quarter price increases reached 5.2%; year-over-year prices were up 8.8%. "Price trends nationwide Read More...
Mortgage Rates Hit another Record Low this week
According to Freddie Mac's latest Primary Mortgage Market Survey (PMMS), the 30-year fixed-rate mortgage (FRM) averaged 4.58$ with an average 0.7 point for the week ending July 1, 2010. This is down from last week when it averaged 4.69%. Last year Read More...