The 30-year fixed-rate mortgage has risen nearly half a percentage point just since the beginning of this month, Freddie Mac reports.
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The Treasury Department has announced it will extend HAMP, a mortgage relief program that has helped home owners trim their mortgage payments, on average, by $546 a month.
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The millennial generation is showing differing housing tastes than their parents, and the housing market is taking note.
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Skyrocketing home prices in a few markets have some analysts concerned that prices are on the rise too fast and could ultimately hamper the housing recovery.
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One of the nation’s largest homebuilders is on the move.
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Although home warranties can reassure nervous buyers, in some cases buyers will come out ahead putting their money into interest-bearing savings accounts dedicated to home maintenance.
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