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02/28/2007 Alan Greenspan and the "R" Word
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He may not be the Fed Chief anymore, but folks still listen to him. On February 26th, Alan Greenspan warned that the U.S. Economy could slip into recession by the end of this year.
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02/27/2007 Stats, lies and real estate
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Real estate can be a numbers game, whether you are setting a
listing price, making a purchase offer, choosing a mortgage product and down
payment, locking in an interest rate, or negotiating the cost of a real estate
agent's services.
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02/27/2007 Freddie Mac issues new restrictions on subprime hybrid ARMs
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Government-sponsored mortgage repurchaser Freddie Mac says that beginning Sept. 1 it will buy subprime adjustable-rate mortgages only if buyers are qualified at the fully indexed and fully amortizing rate.
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02/27/2007 Home-price growth continues dive in latest S&P indices
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A national home-price index fell 0.7 percent in the fourth quarter and ended 2006 at 0.4 percent annual growth.
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02/27/2007 Median existing-home price falls 3%
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The seasonally adjusted annual rate of existing-home sales
fell 4.3 percent in January compared to the same month in 2006, while the U.S.
median home price dropped 3.1 percent, the National
Association of Realtors trade group reported
today.
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02/27/2007 Consumer confidence highest since 2001
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Better economic conditions in February boosted consumer
confidence to its highest level since August 2001, The Conference Board
reported today.
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02/27/2007 Bring the Blog offers content for business Weblogs
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Mortgage planner and blogger Dan Green has launched Bring the Blog, a service that offers syndicated content for real estate and mortgage bloggers.
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02/27/2007 Another drop in overnight real estate rates
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Long-term mortgage interest rates fell further Monday, and the benchmark 10-year Treasury bond yield sank to 4.63 percent.
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02/27/2007 Bloggers crunch real estate numbers
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Editor's note: In this in-depth four-part series, Inman News tackles the exploding trend in real estate blogs. We chat with some of the most well-known and prolific bloggers in the real estate brokerage, mortgage and title insurance industries to see what makes these blogs tick. (Read Part 1 and Part 3.)
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02/27/2007 New Mortgage Form Could Save Consumers $1 Billion or More
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Fannie Mae and Freddie Mac have come up with a new idea that may cut consumer settlement costs by a billion dollars annually and maybe a lot more. This is good news for buyers and sellers, but in an odd way it's likely to make some folks unhappy.
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