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NAR: Current Confidence Index for Single-Family Homes Steady
Posted to: Around The Web
Thursday, January 03, 2013 8:28 AM

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The majority of REALTORS® continued to report rising home prices and improving days on the market. However, REALTORS® reported that the market remains hampered by a "demanding and rigid loan qualification process" that has made mortgage underwriting "a nightmare" and "the toughest hurdle." This has led to cash buyers and investors easing out first time [...]

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Mortgage Rates:
  • 30 Yr FRM 3.81%
  • |
  • 15 Yr FRM 2.97%
  • |
  • Jumbo 30 Year Fixed 3.93%
MBS Prices:
  • 30YR FNMA 4.5 107-05 (-0-01)
  • |
  • 30YR FNMA 5.0 108-02 (-0-01)
  • |
  • 30YR FNMA 5.5 108-14 (0-00)
Recent Housing Data:
  • Mortgage Apps -9.77%
  • |
  • Refinance Index -11.66%
  • |
  • NAHB Builder Confidence 4.76%
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