April 30, 2012 (Chris Moore) Las Vegas has been chosen by Wells Fargo & Company to become the fourth market in the nation to join the bank’s NeighborhoodLift pilot program designed to help communities attract qualified, prospective homebuyers to neighborhoods struggling with high inventories of unsold homes. […]
April 30, 2012 (Chris Moore) Home sales over the last month were at their highest level since mid-October while home prices continued their upward march for the seventh consecutive week according to the weekly National Home Sales Snapshot released by DataQuick. […]
March 26, 2012 (Shirley Allen) The spring selling season got off to a strong start in Illinois as monthly sales of existing homes and condominiums surged to their highest levels since 2008 while home prices also made a strong showing according to the latest data from the Illinois Association of REALTORS® (IAR). […]
April 27, 2012 (Jeff Alan) The average interest rates for conventional 30-year fixed rate single-family, fully amortized, purchase-money mortgages fell from 4.36 percent in February to 4.12 percent in March according to the Federal Housing Finance Agency’s (FHFA) Monthly Interest Rate Survey. […]
April 27, 2012 (Chris Moore) Contract signings for home purchases improved in March, rising 4.1 percent to 101.4 from 97.4 in February according to the National Association of Realtors® (NAR) Pending Home Sales Index (PHSI). […]
Interest rates for both 30-year and 15-year fixed mortgages fell to near record lows this week according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending April 26th. […]
April 26, 2012 (Jeff Alan) The delinquency rate for single-family homes in Freddie Mac’s mortgage portfolio fell for the second consecutive month, dipping to 3.51 percent in March from 3.59 percent in February according to the recently released Monthly Volume Summary. […]
April 25, 2012 (Chris Moore) Mortgage application volume fell last week as refinance applications fell for the ninth time in the last ten weeks despite record low rates for 30-year and 15-year fixed rate mortgages according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 20, 2012. […]
April 25, 2012 (Shirley Allen) Mortgage delinquencies continued to decline in March, falling 6.3 percent from February, while the much anticipated flood of foreclosures has yet to show any signs of appearing according to the latest “First Look” Mortgage Report released by Lender Processing Services (LPS). […]
