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Mortgage Bankers Weekly Update: Mortgage Apps Decrease

Thursday, June 24

Mortgage Bankers Association for the week of  6/23/2010 Market Composite Index: (loan application volume)   decreased 5.9 percent on a seasonally adjusted basis from one week...


Jobs Recovery and Rent

Wednesday, June 16

If history is a guide, what happens with jobs will matter the most to the strength of the housing rebound," said Eric S. Belsky, executive director of Harvard's Joint Center for Housing Studies. Jobs keep homeowners out of foreclosure and help others feel confident enough to buy. see ...


Freddie Mac Weekly Mortgage Update: Mortgage Rates Remain Historically Low

Thursday, June 10

30-year fixed-rate mortgage: Averaged 4.72 percent with an average 0.7 point for the week ending June 10, 2010, down from last week when it averaged 4.79 percent. Last year at this time, the 30-year FRM averaged 5.59 percent.The 15-year fixed-rate mortgage: Averaged 4.17 percent with an ave...


Mortgage Bankers Weekly Update: Purchase Applications 35% Below Last Month

Thursday, June 10

Mortgage Bankers Association for the week of  6/9/2010 Market Composite Index: (loan application volume)   decreased 12.2 percent on a seasonally adjusted basis from one week earlier. This week's resu...


Freddie Mac Weekly Mortgage Update: Mortgage Rates Remain Unchanged

Thursday, June 03

Mortgage Rates Nearly Unchanged 30-year fixed-rate mortgage: Averaged 4.79 percent with an average 0.8 point for the week ending June 3, 2010, up slightly from last week when it averaged 4.78 percent. Last year at this time, the 30-year FRM averaged 5.29 percent. The 15-...


Stock Market Insights For The Housing Markets

Tuesday, June 01

Existing-home sales, which are completed transactions that include single-family, townhomes, condominiums and co-ops, increased 7.6 percent to a seasonally adjusted annual rate of 5.77 million units in April from an upwardly revised 5.36 million in March, and are 22.8 percent higher than ...