June 1, 2012 (Jeff Alan) Fannie Mae completed 12,552 loan modifications under the federal government’s Home Affordable Modification Program (HAMP) in April, a decline of 32.9 percent over March according to its Monthly Summary for April 2012. […]
June 1, 2012 (Shirley Allen) Home sales were a bad bet in Las Vegas during April as purchases of new and existing single-family homes and condominiums fell by over twice as much as their historical norm for the month according to the latest data released from DataQuick. […]
May 31, 2012 (Shirley Allen) (Revised) Turmoil in the Eurozone pushed Treasury bonds to 66-year lows this week resulting in another round of record low rates for fixed rate mortgages according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending May 31st. […]
May 31, 2012 (Jeff Alan) American’s who refinanced their first lien mortgage in the first quarter of 2012 continued to take advantage of historically low interest rates and strengthen their financial balance sheets according Freddie Mac’s First Quarter Refinance Analysis. […]
May 31, 2012 (Chris Moore) Contract signings for home purchases declined for the first time in three months in April, falling 5.5 percent to 95.5 from a downwardly revised 101.1 in March according to the National Association of Realtors® (NAR) Pending Home Sales Index (PHSI). […]
May 31, 2012 (Chris Moore) Monthly sales of existing single-family homes and condominiums remained strong in Massachusetts during April with double digit gains recorded in both monthly and yearly sales according to the latest data from the Massachusetts Association of Realtors® (MAR). […]
May 30, 2012 (Chris Moore) Another round of record low mortgage rates wasn’t enough to boost mortgage activity last week as applications for both purchases and refinances declined according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 25th, 2012. […]
May 30, 2012 (Jeff Alan) Monthly sales of existing single-family homes and condominiums in the San Francisco Bay area remained virtually unchanged from March to April while home prices record their first annual increase in 19 months according to real estate information provider DataQuick.. […]
May 30, 2012 (Jeff Alan) The average interest rates for conventional 30-year fixed rate single-family, fully amortized, purchase-money mortgages increased from 4.12 percent in March to 4.21 percent in April according to the Federal Housing Finance Agency’s (FHFA) Monthly Interest Rate Survey. […]
