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Housing: Where Are We Now

Wednesday, May 26

With house prices expected to slid and unemployment to rise substantially further, this third foreclosure wave will grow larger. If house prices fallanother 10% over the coming year,as Moody’s Economy.com currently forecasts, an estimated 18.6 million homeowners could be underwater.More to Co...


Mortgage Bankers Weekly Update: Purchase Applications Plummet

Saturday, May 22

Mortgage Bankers Associati...


Freddie Mac Weekly Mortgage Update: Mortgage Rates Fall Again

Saturday, May 22

30-year fixed-rate mortgage: Averaged 4.84 percent with an average 0.7 point for the week ending May 20, 2010, down from last week when it averaged 4.93 percent. Last year at th...


Freddie Mac Weekly Update: Rates At Lowest Level Of The Year

Thursday, May 13

30-year fixed-rate mortgage: Averaged 4.93 percent with an average 0.7 point for the week ending May 13, 2010, down from last week when it averaged 5.00 percent. Last year at this time, the 30-year FRM averaged 4.86 percent. The 30-year FRM has not been lower since the week ending De...


Mortgage Bankers Association: Mortgage Applications Drop

Thursday, May 13

Mortgage Bankers Association for the week of  5/12/2010 Market Composite Index: (loan application volume)   increased 3.9 percent on a seasonally adjusted basis from one week earlier Refinance Index: increased 14.8 percent from the previous week a...


Freddie Mac Weekly Update: Rates Remain Flat

Thursday, April 29

Rates Mostly Unchanged This Week  30-...