Monday, June 13, 2005

Quicken Loans - Mortgage News
Should You Pay Points on a Mortgage?
What are points and when does it make sense for you to pay them? How do points affect your mortgage rate? Find out if paying points on your mortgage makes sense for your situation.
Dis-ARM to a Low Fixed-Rate
An unexpected drop in long-term mortgage rates is creating tremendous opportunities for homeowners. Find out why now is the time to refinance your ARM to a fixed-rate mortgage.
Mortgage Applications Rise 6.5%
The Mortgage Bankers Association reports that refinance applications surged last week, rising to a 42.9% share of mortgage applications. Find out how the unanticipated drop in mortgage rates is fueling a new wave of refinancing.
Rates Slide as Employment Report is Released
The U.S. Department of Labor released lower than expected May employment figures this morning. As a result, the 10 year Treasury yield is nearing 40 year lows and mortgage rates are following.
Mortgage Rates Drop To Refinancing Boom Lows
Long term mortgage rates hit the mid 5% range on weaker than expected manufacturing activity in April. Mortgage rates are at historic lows right now, creating a unique opportunity for anyone considering refinancing or buying a home.
Three Days to Increasing Your Home�s Value
Cosmetic repairs and improvements can go a long way, even if you�re not thinking of selling your home. Take advantage of the long holiday weekend to increase the value and look of your home. Read more for some great project ideas.
Mortgage Applications Rise In Latest Survey
The Mortgage Bankers Association reported that mortgage applications increased 4.3% last week, a significant turnaround from the 10.5% drop two weeks ago. Read more about what's happening with mortgage applications.
Existing Home Sales Hit Record Pace in April
The National Association of Realtors reported today that existing home sales rose 4.5% in April coming in at a 7.18 million annual rate. Read more about today's report and the outlook for housing in 2005.
Home Improvements That Pay Off
In the real estate market, some home improvements pay off by increasing your home's value, while others will do little to improve resale Find out which home improvements pay off and which you should avoid.
Housing Starts Jump in April, Construction On Pace for Banner Year
Housing starts rose 11% in April beating out expectations and putting starts on track for another great year. Learn more about today's housing starts report and the reasons for the increase.

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