The reduction on 30-year mortgage rates this year translates into an interest payment savings of nearly $98,600 over the life of a $200,000 loan, Freddie Mac reports.
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What are some of the top forecasts for the housing market in 2013? The Wall Street Journal offers some predictions.
Don't make potential buyers play a guessing game. If you leave these three pieces of information out of the property ad, you'll never get a call on your listing.
U.S. home prices in October were up 4.3 percent from a year ago, according to the Standard & Poor's/Case-Shiller index.
NAR is working on developing a national index to measure the number of visits to houses for sale from prospective buyers.
"Buyers shouldn't expect that getting a loan will get easier anytime soon, even though rates probably can't get much more attractive," The Wall Street Journal reports.
Homeowners associations in some areas are turning the tables and foreclosing on the banks, CNNMoney reports.
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Home buyers are feeling more confident that the housing market is in recovery mode and realizing they'd better act soon if they want to take advantage of it.