Mortgage markets worsened last week as the investors moved back into risk-taking mode. Better-than-expected economic data in the U.S. plus a general feeling that the ongoing Eurozone issues will be soon be resolved (or lessened) contributed to a second straight week of rising mortgage rates. One suc...
Mortgage markets improved in a holiday-shortened week last week, drawing mortgage rates lower throughout Midlothian and nationwide. Few new economic releases reached the markets, but those that did suggested recovery -- especially with respect to housing and employment, two key drivers of the U.S. e...
Economists believe the strength of the 2012 housing market will be closely tied to jobs. If they're right, the housing market is ripe for a boost. It spells good news for Henrico home sellers and may mean the end of bargain-basement prices for buyers.
Since peaking in mid-2009, the number of U.S. wor...
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