Case Shiller Real Estate Trends And More
Wednesday, September 30
This report released yesterday, confirms that the housing markets are in a firming process. Hardly a recovery at this point. We are still in the numbers are bad, but not as bad stage. Typical of the early and therefore fragile stages of a housing recovery. Ca...
Freddie Mac weekly Update
Sunday, September 27
30-year fixed-rate mortgage: Averaged 5.04 percent with an average 0.6 point for the week ending September 24, 2009, unchanged from last week when it averaged 5.04 percent. Last year at this time, the 30-year FRM averaged 6.09 percent. The 15-year fixed-rate mortgage: Averaged 4.46 perce...
Mortgage Bankers Weekly Update
Friday, September 25
Weekly Mortgage Market Update; Mortgage Bankers Association for the week of September 23, 2009 Market Composite Index: (loan application volume) On an unadjusted basis, the Index increased 12.8 percent on a seasonally adjusted basis from one week earlier, which was a holiday short...
FHA Has New Rules
Tuesday, September 22
The FHA has often been the lender of last resort. It doesnt have the same stringent lending requirements that other lenders have and it only required 3% down and light on junk fees as well.If you didnt have a 20% down then the FHA was likely on your short list of lenders. FHA as well as Fr...
Freddie Mac Weekly Mortgage Rate: Bond Yields Push Mortgage Rates Down
Saturday, September 19
Long Term Rates Down for Third Consecutive Week 30-year fixed-rate mortgage: Averaged 5.04 percent with an average 0.7 point for the week ending September 17, 2009, down from last week when it averaged 5.07 p...
Weekly Mortgage Market Update; Mortgage Bankers Association
Saturday, September 19
Market Composite Index: (loan application volume) On an unadjusted basis, the Index increased 95.7 percent compared with the previous week and was up 52.4 percent compared with the same week one year earlier. Refi...