On Sunday, November 6, at 2:00 a.m., Daylight Saving Time ends, which means it’s time to change the clocks back and enjoy an extra hour of sleep! This is also a great time to change the batteries in your smoke detectors to ensure they are working properly. If you don’t want to wait up all night, just set your clocks back before going to bed on Saturday night and soak up that extra hour of sleep, uninterrupted.
Key dates and fun facts about the month of November
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Mortgage rates ended the week slightly higher, and neither central bankers nor recent data caused much market reaction in the U.S. Bond purchases by central banks around the world have helped mortgage rates decline in recent years. As a result, comments from global central bankers often have a significant affect on U.S. mortgage rates. This was not the case for the October.
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Small caps and foreign stocks were the place to be in the third quarter. That's the conclusion to be drawn from The Associated Press's analysis of nine types of investments, which shows investors pocketed the largest gains from their holdings of small cap stocks, emerging market stocks, and large foreign stocks in the third quarter. As the Fed weighs increasing interest rates, average rates on home loans obtained by millennials fell to 3.763 percent in August, according to the latest Ellie Mae Millennial Tracker™. This demonstrates a steady decrease from a high of 4.124 percent in February.
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Several of the best-known names in travel are now united in one hotel company. Marriott International closed on its $13 billion acquisition of Starwood Hotels. Imagine stepping into a bathtub, and instead of bathroom tiles lining the wall next to you, there's a fresh vertical garden, lush with bright green ferns, lavender, baby's tears, mint, and other fragrant plants.
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Confidence among U.S. homebuilders has surged to the highest level in nearly a year, reflecting a brighter outlook for sales now and into 2017.More Americans are buying houses and taking on mortgage debt at a time when higher home prices are also boosting their ownership stakes
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Over the past week, comments from the European Central Bank (ECB) and stronger than expected U.S. economic data were negative for mortgage rates. As a result, mortgage rates ended the week higher.
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There's something for everyone in movie theaters this fall. The calendar is jam-packed with romance, spectacle, and jaw-dropping true life stories.
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More Americans signed contracts to purchase homes in July, a sign that demand for home ownership remains strong despite a shortage of listings on the market. The nation's top housing official is proposing lowering the level of lead that must be detected in children's blood before triggering federal action to clean up the homes where they live.
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Comments from central bankers were the main influence on mortgage rates over the past week. The economic data had little impact. Mortgage rates ended the week higher.
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Making Extra Mortgage Payments Can Pay Off, but Should You? Also Home Depot Rides Housing Boom to Record Sales
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Americans stepped up their purchases of new homes in July to the fastest pace in nearly nine years. Apartment construction in the Northeast fueled a jump in home building in July as the pace of housing starts nationwide reached the strongest pace in six months
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There has been very little change in mortgage rates over the past week. Investors are waiting for a highly anticipated speech from Fed Chair Yellen on Friday. The economic data released over the past week had little impact.
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A South Florida property once owned by Cher has sold for more than $23 million. HBO has confirmed what "Game of Thrones" fans never wanted to hear: The fantasy-thriller phenomenon will be coming to an end after Season 8. The creators of "Pokemon Go" say they're working to remove real-world locations that don't wish to be included in the mobile gaming sensation
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Construction of new homes posted a solid increase in June, led by a surge of building in the Northeast and the West. Also Mortgage giant Freddie Mac reported net income of $993 million for the second quarter, down sharply from the same period of 2015. Falling interest rates during the period caused the company to post an estimated $400 million loss on the investments it uses to hedge against swings in rates.
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Low Mortgage Rates Boost Refinance Applications, also Understanding Travel Insurance Cancellation Policies
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A relatively bond friendly Fed statement and weaker than expected GDP data helped mortgage rates improve late last week. However, comments from the Bank of Japan had the opposite effect early this week. The influences were offsetting, and mortgage rates ended the week with little change.
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At the link below you will find the June MLS statistics for the Coachella Valley. This is a MUST READ, it focuses 100% on just the Coachella Valley real estate market
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Markets Take Stock Following British Vote, Investor Derby: Gold Leads The Market in 2nd Quarter, Consumer Confidence Rises to Highest Level Since October, 37 Percent of Millennial Loans Closed in May Were FHA Loans
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Following the British vote on June 23 to exit the European Union, mortgage rates have declined significantly. Over the past couple of days, however, there has been a small reversal, and mortgage rates ended the week a little higher.
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