If home buyers or home owners are waiting for the housing market to hit bottom before acting, they may have already missed it.

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Fed Renews Vow to Keep Interest Rates Low

The Fed voted this week to continue its near-zero interest rate policy for the next quarter and likely much longer. The move will keep mortgage rates low in the coming months, if not years.
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Housing analysts have warned that a foreclosure wave is coming, and the signs are starting to show. After several months of declining numbers in foreclosures nationwide, more U.S. metros are seeing a reversal as foreclosure activity begins to increase.
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Add to your shopping list: Get a mortgage.
Costco shoppers will now find that they not only can buy their groceries in bulk at the warehouse retailer, but they can also shop for a mortgage too.
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A breath of fresh air is what you can expect in these five U.S. cities. The American Lung Association recently released its 2012 State of the Air rankings, which rates metro areas based on ozone and smog levels.
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Pending home sales increased in March and are well above a year ago, another signal the housing market is recovering, according to the National Association of REALTORS®.
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