October 3, 2011 (Chris Moore) Consumer confidence improved slightly in September as consumer’s shifted from anticipating a worsening economy in the future to one that is stagnated at its current depressed levels according to the latest Surveys of Consumers by Reuters/University of Michigan. […]
October 3, 2011 (Shirley Allen) Buyers in Phoenix took advantage of the lowest interest rates in 50 years and the lowest housing prices since 1998 to push the sales of new and resale homes to their highest levels in five years according to the latest data released from DataQuick. […]
October 3, 2011 (Jeff Alan) Fannie Mae completed 23,779 loan modifications under the federal government’s Home Affordable Modification Program (HAMP) in August, an increase of 35.6 percent over July according to its Monthly Summary for August 2011. […]
October 3, 2011 (Jeff Alan) Wells Fargo is holding another Home Preservation Workshop in Philadelphia, Pennsylvania, on October 5th and 6th, 2011. The event is being held at the Philadelphia Convention Center and will be open from 9:00 a.m. until 7:00 p.m. The last day to register for this event is today, October 3, 2011!!! [...]
September 30, 2011 (Jeff Alan) Mortgage loan performance by the nation’s largest banks and federal savings associations declined in the second quarter of 2011 as mortgage delinquencies increased slightly for the first time in six quarters according to the Office of the Comptroller of the Currency (OCC). […]
September 30, 2011 (Shirley Allen) Monthly sales of new and resale homes in Las Vegas were at their highest levels in five years in August according to the latest data released from DataQuick as buyers looked to take advantage of the lowest interest rates in 50 years and the lowest housing prices in 16 years. [...]
September 29, 2011 (Shirley Allen) Fannie Mae announced the opening of its eleventh help center in St. Louis, Missouri. The new St. Louis Mortgage Help Center will provide free education and counseling services to struggling homeowners in the St. Louis area. The Center was developed in partnership with the Urban Development League of Metropolitan St. [...]
September 29, 2011 (Shirley Allen) Fifteen year and 30 year fixed rate mortgages hit record lows this week following the announcement of Federal Reserve’s new economic easing program according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) […]
September 29, 2011 (Chris Moore) The Pending Home Sales Index (PHSI) declined by 1.2 percent to 88.6 in August according to the National Association of Realtors (NAR). This was the second consecutive monthly decline for the PHSI, but is still higher than August of last year. […]
