Is Search An Early Market Indicator
Wednesday, February 23
Real Estate PornThe search bunny keeps on goingIts interesting that online search for real estate is as strong as ever. Sales are miserable, people are afraid to buy. They no longer know what value and they have no job security. So, why is search so strong. Realtor.com President, Errol Samuelson...
Mortgage Bankers Weekly Update: Mortgage Applications Decrease as Rates Jump
Thursday, February 17
Mortgage Bankers Association for the week of 2/16/2010 Market Composite Index: (loan application volume) a measure of mortgage loan application volume, decreased ...
Freddie Mac Weekly Update: 30-Year Fixed-Rate Mortgage Drops to 5 Percent (
Thursday, February 17
30-year fixed-rate mortgage: Averaged 5.0 percent with an average 0.7 point for the week ending February 17, 2011, down from last week when it averaged 5.05 percent. Last year at this time, the 30-year FRM averaged 4.93 percent. The 15-year fixed-rate mortgage: Averaged 4.27 perce...
Mortgage Bankers Weekly Update: Mortgage Applications Decrease as Rates Jump
Thursday, February 10
Mortgage Bankers Association for the week of 02/09/2010 Market Composite Index: (loan application volume) a measure of mortgage loan application volume, decreased 5.5 percent on a s...
Freddie Mac Update: 30-Year Mortgages Rise tHighest Level Since April 2010
Thursday, February 10
30-year fixed-rate mortgage: Averaged 5.05 percent with an average 0.7 point for the week ending February 10, 2011, up from last week when it averaged 4.81 percent. Last year at this time, the 30-year FRM averaged 4.97 percent. The 15-year fixed-rate mortgage: Averaged 4.29 percent w...
Fannie Mae Raises Borrowers Costs
Wednesday, February 09
Costs Will Increase For Buyers Regardless Of Credit WorthynessBeginning April 1, 2011 Fannie Mae will implement a higher interest rate to borrowers even if they have a perfect credit score for all loans term over 15 years. Freddie Mac will change its fee structure changes on of March 1st.Lo...