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Caes Shiller: Will WEe Double Dip

Wednesday, February 02

Case Shiller report shows a deceleration in the annual growth rates in 17 of the 20 MSAs. Housing generally leads the economy out of a recession. This time its not, housing is simply suffering. Not only is money tight but job creation is still a big hurt. In...


remodel: Is It An Investment

Tuesday, January 25

People remodel because of immediate needs for the owner. Either its time for more space or just a desire to upgrade and modernize. Curb appeal and adding value is an important consideration, But resale value is hard to pin down. Home evaluation is hostage to market forces and individual tast...


Mortgage Bankers Weekly Update: Applications Increase

Thursday, January 20

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Freddie Mac Weekly Update: Mortgage Rates Down for Second Week

Thursday, January 20

30-year fixed-rate mortgage: Averaged 4.71 percent with an average 0.8 point for the week ending January 13, 2011, down from last week when it averaged 4.77 percent. Last year at this time, the 30-year FRM averaged 5.06 percent. The 15-year fixed-rate mortgage: Averaged 4.08 percent with an a...


Freddie Mac Weekly Update: Long and Short- Term Mortgages Drop This Week

Thursday, January 13

30-year fixed-rate mortgage: Averaged 4.77 percent with an average 0.8 point for the week ending January 6, 2011, down from last week when it averaged 4.86 percent. Last year at this time, the 30-year FRM averaged 5.09 percent. The 15-year fixed-rate mortgage: Averaged 4.13 percent with a...


Mortgage Bankers Weekly Update: Mortgage Refinance Applications Increase

Thursday, January 13

Mortgage Bankers Association for the week of  01/12/2010 Market Composite Index: (loan application volume)      increased 2.2 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index increased 47.5 percent compared with the previous week ...