Daily Mortgage Market Snapshot Friday, August 1, 2008
By: Liz Freeman
July 31, 2008
Here is a look at 30-year Fixed Conforming Mortgage Rate averages, with zero points for Friday, August 1, 2008: Rates are down 0.024 from Thursday. Today (8/1/08) - 6.398%Yesterday (7/31/08) - 6.411%One Week Ago (7/25/08) - 6.401%One Month Ago (7/1/08) - 6.323%One Year Ago (8/1/07) - 6.604%Five Years Ago (8/1/03) - 6.161%Ten Years Ago (8/1/98) - 7.178% www.shoprate.com...
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The Lure of Canadian Vacation Properties
By: Liz Freeman
July 31, 2008
In the last five or so years, I have had a number of close friends purchase property in Canada to be used as their vacation homes. These purchases range from buying an entire island with multiple existing residences to basically purchasing a dock and a shed complete with an outhouse to use for a masterbathroom. This has lead me to wonder why this new trend? I know that certain things are happe...
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Daily Mortgage Market Snapshot Thursday, July 31, 2008
By: Liz Freeman
July 30, 2008
Here is a look at 30-year Fixed Conforming Mortgage Rate averages, with zero points for Thursday, July 31, 2008: Rates are down 0.024 from Wednesday. Today (7/31/08) - 6.411%Yesterday (7/30/08) - 6.435%One Week Ago (7/24/08) - 6.349%One Month Ago (6/31/08) - 6.344%One Year Ago (7/31/07) - 6.607%Five Years Ago (7/31/03) - 6.161%Ten Years Ago (7/31/98) - 7.204% www.shoprate.com...
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Daily Mortgage Market Snapshot Wednesday, July 30, 2008
By: Liz Freeman
July 29, 2008
Here is a look at 30-year Fixed Conforming Mortgage Rate averages, with zero points for Wednesday, July 30, 2008: Rates are up 0.021 from Tuesday. Today (7/30/08) - 6.435%Yesterday (7/29/08) - 6.414%One Week Ago (7/23/08) - 6.359%One Month Ago (6/30/08) - 6.344%One Year Ago (7/30/07) - 6.598%Five Years Ago (7/30/03) - 6.114%Ten Years Ago (7/30/98) - 7.211% www.shoprate.com...
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Daily Mortgage Market Snapshot Tuesday, July 29, 2008
By: Liz Freeman
July 28, 2008
Here is a look at 30-year Fixed Conforming Mortgage Rate averages, with zero points for Tuesday, July 29, 2008: Rates are up 0.016 from Monday. Today (7/29/08) - 6.414%Yesterday (7/28/08) - 6.398%One Week Ago (7/22/08) - 6.362%One Month Ago (6/29/08) - 6.344%One Year Ago (7/29/07) - 6.598%Five Years Ago (7/29/03) - 6.085%Ten Years Ago (7/29/98) - 7.195% www.shoprate.com...
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Foreclosures on the Rise
By: Liz Freeman
July 28, 2008
Foreclosure filings were reported on 739,714 U.S. properties during the second quarter 2008, a nearly 14 percent increase from the previous quarter and a 121 percent increase from the second quarter of 2007. One in every 171 U.S. households received a foreclosure filing during the quarter. Nevada, California and Arizona reported the highest foreclosure rates in the nation but other states such as ...
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Daily Mortgage Market Snapshot Monday, July 28, 2008
By: Liz Freeman
July 27, 2008
Here is a look at 30-year Fixed Conforming Mortgage Rate averages, with zero points for Monday, July 28, 2008: Rates are down 0.003 from Friday. Today (7/28/08) - 6.398%Yesterday (7/25/08) - 6.401%One Week Ago (7/21/08) - 6.362%One Month Ago (6/28/08) - 6.344%One Year Ago (7/28/07) - 6.598%Five Years Ago (7/28/03) - 5.983%Ten Years Ago (7/28/98) - 7.171% www.shoprate.com...
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How Cool is Cuil?
By: Liz Freeman
July 27, 2008
As many of you know, Cuil was launched this morning. So what is it? Cuil (pronounced "cool?) is your basic search engine that boasts 121,617,892,992 web pages. Cuil was developed by a group of ex-Google ??? employees, which makes me wonder, are these disgruntled employees looking to sabotage Google? Is that even possible? I like the "look? of their site opposed to the all-white backdrop that Goog...
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New Search Engine CUIL.com and what it means to Shoprate.com
By: Liz Freeman
July 27, 2008
The latest Google challenger is Cuil.com a search engine that makes the claim of having an index of 120 billion Web pages. What makes Cuil different is the fact that Cuil displays its' search results in columns across the page, instead of links as most search engines currently do, with information and text directly from the website along with a thumbnail from the website. Cuil looks only at the...
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Daily Mortgage Market Snapshot Friday, July 25, 2008
By: Liz Freeman
July 24, 2008
Here is a look at 30-year Fixed Conforming Mortgage Rate averages, with zero points for Friday, July 25, 2008: Rates are up 0.052 from Thursday. Today (7/25/08) - 6.401%Yesterday (7/24/08) - 6.349%One Week Ago (7/18/08) - 6.331%One Month Ago (6/25/08) - 6.325%One Year Ago (7/25/07) - 6.635%Five Years Ago (7/25/03) - 5.983%Ten Years Ago (7/25/98) - 7.152% www.shoprate.com...
