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American Family Funding Recent Articles:

  • Market Update July 20th

    It seems for the moment that stability is returning to the markets: Now that Greece has verbally accepted the terms under which additional money will be lent to the country. There still remains the possibility that plan could go up in smoke as there is staunch opposition to the austerity…

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  • Mortgage Minded Millennials

    Millennial is a term loosely used to describe people born between the early 1980s and the early 2000s. By 2025, Millennials will make up 75% of the workforce. What is the perception of the millennials of our mortgage industry? It seems that every magazine related to real estate (many non-real…

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  • Market Update June 29th

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  • Market Update June 22nd

    The new home market is starting to take the lead in the economic indicators. The recent jump in new home sales, the large increase in housing starts & permits, and now the 5-point spike in the housing market index for June, solidifies that housing is definitely headed in a positive…

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  • Market Update June 15th

    Please enjoy this quick update on what happened this week in the housing and financial markets. In a relatively light week for economic data, the biggest market moving news seemed to come from international events. Greece, which has long been struggling financially and has been making plans to remove itself…

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  • Market Update June 8th

    Application activity is sputtering based upon the Mortgage Bankers Association’s most recent application index for the week ending May 29th. It is not surprising that mortgage applications have slowed given the recent rise in mortgage rates. Applications for purchase loans declined 3.0 percent. Refinances, which are far more interest rate…

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  • Market Update June 1

    Housing reports dominated the market this week with the Federal Housing Finance Agency Report kicking things off. The FHFA house price index rose a lower-than-expected 0.3 percent in March. The gain for FHFA is below most analysts’ expectations however the year-on-year rate in at a moderate 5.2 percent higher. This…

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  • Market Update Week of May 25th

    Spring is typically when sales for existing homes take off. The current spring market is not living up to expectations as much as we would like. Sales of existing homes are down 3.3 percent for the month of April compared to March. Three of the nation’s four regions showed declines…

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  • 4th Quarter Report for 2014

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  • Market Update May 11th

    Despite the fact that mortgage rates have been rising, purchase applications for mortgage loans increased 1.0 percent in the week ending May 1st according to the Mortgage Bankers Association. As much as the increase in rates impacted applications for refinances, which dropped by 8.0 percent, housing experts do not feel…

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