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Economic News • Home improvement • Home ownership • Real Estate News • March 16, 2015

Spring Real Estate Roundup

by Shelia Simmons

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Economic News A Snapshot of Homebuyers

Economic News Where will Mortgage Rates be Headed in 2015? by The KCM Crew on January 6, 2015 in Interest Rates We finished 2014 with the 30 year fixed mortgage rate at 3.87% as per Freddie Mac. This is very close to the historic lows in the spring of 2013. However, the Mortgage Bankers Association projects mortgage rates to be about 5% by the end of 2015. The website Investopedia agrees and gives some perspective […]

Economic News Home Sales Generate $52,205 Impact on Economy by The KCM Crew on September 18, 2014 in For Buyers The National Association of Realtors (NAR) compiled data from research conducted by the Bureau of Economic Analysis & Macroeconomic Advisors on the economic impact of a home purchase. After reviewing the data, they concluded that the total economic impact of a typical home sale in the United States is an astonishing $52,205. […]

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