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What’s Ahead For Mortgage Rates This Week – April 7, 2014

Last week's economic news included readings on February construction spending and multiple reports on employment data. Private sector employment was higher in March, but The Bureau of Labor Statistics reported that Non-Farm Payrolls for March fell short of expectations. According to Freddie Mac, mortgage rates ticked upward. Employment And Unemployment News ADP's payrolls report for March was higher than February's reading, with 191,000 new private sector jobs added. In February, 178,000 jobs were added. February's reading originally showed 138,000 new jobs added. While analysts were confident that private-sector employment was showing signs of stability, the U.S. Bureau of Labor Statistics…
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Give Your Home An Instant Facelift, Wallpaper Is Back!

Though it can be an entirely different story for a trend shift in the opposite direction, which then requires you to get out the soaking bucket and scraping tool, wallpaper coming back into style is a home décor blessing for many. Wallpaper is back in - in a big way! - and it's making your dreams of accomplishing a fashionable living space come true much faster and easier than you could have imagined. Quite frankly, wallpaper can do the "fashionable home" trick to virtually any room in your house, adding that touch of warmth and personality you've so far only…
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Millenials Have Great Homebuying Tools Available To Them

The economy seems to be finally turning, and home loan interest rates are still historically low. Real estate values are starting to climb as well, all of which makes for a growing opportunity for new homeowners to get into the market before it gets too expensive again. Millennials Don't Seem To Be On Board They represent the next generation of homebuyers, but a number of barriers can seem to be smack in the way, discouraging many. Yet there are ways around these issues. According to the Boston Globe, only 32 percent of Millennials are homeowners in 2014, either with a…
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Are Interest Rates On The Rise – What’s The Next Move?

As the federal reserve continues to taper quantitative easing measures, financial experts project mortgage interest rates will climb in the next two years. Could this be the much awaited ray of light at the end of the proverbial tunnel for builders and investors or will it drive hesitant home buyers to dig in and shelter in place? Homeowners who are vacillating between refinancing for a lower interest rate and staying the course may find the time has come to make a decision. Shrinking unemployment numbers and rising retail sales figures signal that the economy is improving. Even if no one…
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