After a half-decade of tightening mortgage guidelines, banks are starting to "loosen up".
It's a risky time to be without a locked mortgage rate -- especially with the pending release of January's Non-Farm Payrolls report.
According to the Case-Shiller Index, home values fell in 19 of 20 tracked markets in November 2011.
According to the Census Bureau, the number of new homes sold in December 2011 slipped 2 percent to 307,000 units on a seasonally-adjusted, annualized basis nationwide.
When a home is listed for sale, its "clutter" can be the difference between a rapid sale and no sale at all.
The housing market continues to show signs of improvement, propelled by low home prices and the cheapest mortgage rates of all-time.
Wednesday, the Federal Reserve's Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent.
The Federal Open Market Committee adjourns from a scheduled 2-day meeting today, its first of 8 scheduled meetings this year.
According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, December's Existing Home Sales climbed by 120,00 units overall from the month prior on its way to an 11-month high.