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Pending Home Sales Reach Highest Level in One and a Half Years

The NAR’s Pending Home Sales Index (PHSI) is showing yet another sign of strength in the housing market. Recent data is showing that pending sales (home sales with a signed contract but have not...

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Mortgage Wrap Up for the Week Ending July 27, 2012

We began the week with mortgage rates at hear historic lows, continuing the trend we’ve seen for months where rates always seem to be at historic lows or making new historic lows. The middle of the...

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