November 3, 2011 (Shirley Allen) Uncertainty over the European debt crisis benefitted those who were seeking to secure a mortgage or refinance this week as mortgage rates dropped sharply in reaction to the turmoil according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending November 2nd. […]
November 3, 2011 (Shirley Allen) Monthly home sales declined as expected from August to September but were still at a five year high, outperforming last year’s sales pace by 15 percent according to the latest data released from DataQuick. […]
November 2, 2011 (Shirley Allen) Uncertainty over the European debt crisis resulted in a large drop in Treasury yields yesterday and mortgage rates followed the yields down by an average of 20 basis points according to the data collected by LendingTree’s Weekly Mortgage Rate Pulse. […]
November 2, 2011 (Chris Moore) Mortgage applications held steady last week while mortgage interest rates remained virtually unchanged for the second consecutive week according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 28, 2011. […]
November 2, 2011 (Chris Moore) Monthly foreclosure starts declined in September but foreclosure timelines continue to grow especially in states that utilize the judicial foreclosure process according to the Mortgage Monitor Report for September by Lender Processing Services (LPS). […]
November 2, 2011 (Shirley Allen) Private residential construction spending increased 0.9 percent to a seasonally adjusted annual rate of $228.3 billion in September from a revised estimate of $226.3 billion in August according to the U.S. Census Bureau. […]
November 1, 2011 (Jeff Alan) Fannie Mae completed 18,706 loan modifications under the federal government’s Home Affordable Modification Program (HAMP) in September, a decline of 24.4 percent over August according to its Monthly Summary for September 2011. […]
November 1, 2011 (Chris Moore) Weekly home sales volume dropped to four month lows last week while home prices remained unchanged from the previous week according to the National Home Sales Snapshot released by DataQuick. […]
October 31, 2011 (Chris Moore) Consumer confidence improved slightly in October but consumer confidence in the governments economic policies were at an all-time low according to the latest Surveys of Consumers by Reuters/University of Michigan. […]
