August 31, 2011 (Shirley Allen) Average weekly interest rates for fixed rate mortgages remained at about the same levels as the previous two weeks with some lenders now offering 15-year fixed rate loans for less than three percent according to the data collected by LendingTree’s Weekly Mortgage Rate Pulse. […]
August 31, 2011 (Chris Moore) National monthly home prices increased by a modest 0.8 percent for the second consecutive month in July according to CoreLogic’s July Home Price Index (HPI), but prices were still 5.2 percent lower than a year ago. […]
August 31, 2011 (Chris Moore) Applications for mortgage loans tumbled again last week as refinancing demand sagged for the second consecutive week and mortgage applications for home purchases remained near 15-year lows according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 26, 2011. […]
August 31, 2011 (Jeff Alan) Mortgage interest rates for conventional 30-year fixed rate loans declined from 4.79 percent in June to 4.69 percent in July according to the Federal Housing Finance Agency’s (FHFA) Monthly Interest Rate Survey. […]
August 31, 2011 (Shirley Allen) Foreclosure timelines got even longer in July with the average loan in foreclosure now being delinquent for a record 599 days, up from 587 days in June according to the July Mortgage Monitor Report by Lender Processing Services (LPS). […]
August 31, 2011 (Shirley Allen) American consumers continued to pay-off their outstanding debts and delinquency levels continued to improve in the second quarter of 2011 according to the Credit Risk Index (CRI) released by credit monitoring giant TransUnion. […]
August 30, 2011 (Jeff Alan) The struggling housing market is forcing investors to change their business model from buying homes and flipping them for profit to buying homes and renting them out according to the latest Campbell/Inside Mortgage Finance HousingPulse Market Survey. […]
August 30, 2011 (Chris Moore) Consumer’s concerns about a renewed recession and the fear of worsening finances caused consumer confidence to plunge in August according to the latest Surveys of Consumers by Reuters/University of Michigan. […]
August 29, 2011 (Chris Moore) The Pending Home Sales Index (PHSI) declined by 1.3 percent to 89.7 in July according to the National Association of Realtors (NAR). This was the first decline for the PHSI after two months of gains, but still remains above the level of last year’s Index. […]
