The Flawed Home Price Index Shows Home Values Up 0.8 Percent

Last week, the Case-Shiller Index reported home values up 0.8 percent across 20 tracked markets. The public-sector Federal Housing Finance Agency has reached a similar conclusion. Reporting on a two-month lag, the government’s Home Price Index shows home values up 0.8 percent in April, buoyed by the...

Household Finances : Which Bills Should I Pay First?

Morning television can be “light”, but as far as personal finance interviews go, this Suze Orman segment from The Today Show is loaded with practical financial planning advice. Titled “What Should You Do First?”, Ms. Orman addressed the real-life, money management conundrums...

June’s Jobs Report Wasn’t As Bad As The Headlines (And How You Can Take Advantage)

In June, for the first time since December 2009, the U.S. workforce shrank. According to the Bureau of Labor Statistics, the economy shed 125,000 jobs last month even as the Unemployment Rate dropped to 9.5 percent. The drop in the Unemployment Rate is being attributed to fewer Americans looking for...

What’s Ahead For Mortgage Rates This Week : July 6, 2010

Mortgage markets improved last week as economic data revealed a slowing U.S. economy. Major stock indices fell to 2010 lows in response to a weak jobs report among other data points, forcing worldwide investors into the relative safety of U.S. government-backed bonds.  This category includes...

Was The Pending Home Sales Report Really That Bad? It Depends Who You Ask — Buyer Or Seller.

The Pending Home Sales Index plunged in May 2010, just one month after the expiration of the federal home buyer tax credit program. The Pending Home Sales Index is now at a record-low level. A “pending home sale” is an existing home under contract to sell, but not yet closed. According to the...

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