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Federal Reserve : New Economic Stimulus May Be Warranted

The Federal Reserve released its October Federal Open Market Committee (FOMC) meeting minutes last week.

Posted in: Federal Reserve Tagged: Fed Minutes, FOMC, Purchasing Power

What’s Ahead For Mortgage Rates This Week : October 22, 2012

Mortgage markets worsened last week, taking mortgage rates higher. The Federal Open Market Committee meets this week.

Posted in: Budgeting, Coconut Creek, Coral Springs, Coral Springs FL, Coral Springs Homes, Coral Springs Real Estate, Existing Home Sales, FL, Florida, Heron Bay, Home Values, Homebuilders, Margate, Mortgage Rates, New Home Sales, Parkland, Parkland FL, Parkland Florida, Parkland Golf & Country Club, Parkland Golf and Country Club, Parkland Homes, Parkland Homes for Sale, Parkland Isles, Parkland Real Estate, Parkland Reserve, South Florida Tagged: FOMC, Freddie Mac, Purchasing Power

Single-Family Housing Starts Rise To 4-Year High

According to the U.S. Census Bureau, on a seasonally-adjusted, annualized basis, Single-Family Housing Starts rose to 603,000 last month, an 11 percent increase from the month prior and the highest reading in more than 4 years.

Posted in: Coral Springs, Coral Springs FL, Coral Springs Homes, Coral Springs Real Estate, FL, Florida, Heron Bay, Home Values, Homebuilders, Housing Analysis, New Home Sales, Parkland, Parkland FL, Parkland Florida, Parkland Golf & Country Club, Parkland Golf and Country Club, Parkland Homes, Parkland Homes for Sale, Parkland Isles, Parkland Real Estate, Parkland Reserve, South Florida Tagged: Census Bureau, Housing Starts, Purchasing Power

Buyers Win 6.6 Percent Increase In Purchasing Power

Home purchasing power is up 6.6% since the start of the year.

Posted in: Coral Springs, Coral Springs FL, Coral Springs Homes, Coral Springs Real Estate, FL, Florida, Heron Bay, Home Values, Mortgage Rates, New Home Sales, Parkland, Parkland FL, Parkland Florida, Parkland Golf & Country Club, Parkland Golf and Country Club, Parkland Homes, Parkland Homes for Sale, Parkland Isles, Parkland Real Estate, Parkland Reserve, Personal Finance, South Florida Tagged: Freddie Mac, Mortgage Rates, Purchasing Power

Mortgage Rates Bounce Off All-Time Lows; The Start Of A Trend?

One week after posting its lowest mortgage rate in 50 years, Freddie Mac reports that the 30-year fixed rate mortgage rose by an average of 7 basis points nationwide this week to 4.22 percent.

Posted in: Mortgage Rates Tagged: Freddie Mac, Market Timing, Purchasing Power

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Parkland FL REALTOR®Jon Klein, REALTOR®, P.A.,GRI

954-415-5595 Direct

954-449-9325 Office

954-827-0464 Fax

jon@jonklein.com

5691 Coral Ridge Drive
Coral Springs, FL 33076

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