January 12, 2012 (Shirley Allen) Mortgage interest rates fell this week to new all-time record lows for both fixed rate mortgages and adjustable rate mortgages according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending January 12th. […]
January 12, 2012 (Jeff Alan) New foreclosures increased by 21.1 percent in the third quarter of 2011 according to the Office of the Comptroller of the Currency (OCC) as a result of mortgage servicers lifting voluntary moratoria implemented in late 2010 caused by the “robo-signing” controversy. […]
January 12, 2012 (Shirley Allen) Monthly sales of existing single-family homes in New York declined in November but remained slightly above year ago levels while home prices remained unchanged from the previous month and were slightly less than a year earlier according to the latest housing data from the New York State Association of Realtors® [...]
January 12, 2012 (Chris Moore) Home buyers who have been waiting on the sidelines watching mortgage rates fall to record lows and housing prices sinking to their lowest levels in almost a decade may finally be jumping into the market as contract signings for home purchases increased for the second consecutive month according to the [...]
January 11, 2012 (Chris Moore) Mortgage applications started the New Year on a positive note as both applications for home purchases and refinances increased from the previous week according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 6, 2012. […]
January 11, 2012 (Jeff Alan) The housing market showed further signs of stability as the list of improving metropolitan areas expanded again this month, increasing by 35 additional metro areas to 76, according to the NAHB/First American Improving Market Index (IMI). […]
January 11, 2012 (Jeff Alan) Wells Fargo reports that 3,594 active trial or completed loan mortgage modifications were started in November bringing the total amount of trial and completed modifications to 724,710 since its mortgage relief efforts began in January 2009. […]
January 10, 2012 (Shirley Allen) Monthly home sales in the Phoenix area followed seasonal trends and declined in November, but beat the previous year’s sales for the 12th consecutive month according to the latest housing data released from DataQuick. Home prices showed improvement, pushing the year-over-year difference in home prices to its lowest level in [...]
January 10, 2012 (Chris Moore) Weekly existing home sales volume improved for the third consecutive week while home prices continued to hold steady during the same time span according to the National Home Sales Snapshot released by DataQuick. […]
