Causes For Optimism in the Nation’s Housing Market (via Total Mortgage Services)
A recent article in the Wall Street Journal begins on a downward note. Says the WSJ: economists project U.S. gross domestic product growth will slow in the final three months of the year from the sluggish 2% annual rate in the third quarter. Businesses, unnerved by the prospect of federal tax increases…
Fannie, Freddie Halt Foreclosures for the Holidays (via Credit.com)
The holiday season is stressful enough for millions of consumers across the country who are struggling with their finances, so two of the nation’s government-sponsored mortgage backers have made the decision not to take any negative actions that might dampen their moods further. Both Fannie Mae…
Housing Market’s Recovery Picking Up Steam
The housing recovery has surged in the past three or four months and through the end of October stands significantly closer to pre-meltdown levels than it did just a year prior, according to new data from the real estate tracking firm Trulia. Based on a number of factors, the housing market now stands…
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