Housing Starts Increase in March
Housing starts for new residential homes increased in March spurred by a jump in multi-family consruction according to the latest data released by the Census Bureau. […]
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Mortgage News
The Easy Way to Shop For a Mortgage Loan
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Mortgage News
FHFA Extends HARP Assistance Until the End of 2015
The Federal Housing Finance Agency announced that it will extend the Home Affordable Refinance Program (HARP) until December 31, 2015. HARP has helped more than two million homeowners seek relief with an estimated ten million home owners still underwater. […]
Home Sales Jump for a Second Week
Existing home sales over the last thirty days jumped by more than four percent compared to last week according to the National Home Sales Snapshot released by DataQuick while home values increased by $4,000 for a second consecutive week. […]
Mortgage Rates Head South Again
Mortgage interest rates fell for the third time in the last four weeks after rising to their highest levels since last summer in mid-March according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending April 11th, 2013. […]
Mortgage Applications Increase as Refinancing Demand Rises
Higher demand for mortgage refinancing helped push overall mortgage application activity up last week while the increase in FHA fees led to a decline in purchase applications according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 5th, 2013. […]
Fannie Mae Loan Modification Activity Remains Robust in February
Fannie Mae’s loan modification activity was down slightly from the previous month but remained above last year’s monthly average while the delinquency rate fell to a four-year low according to the agency’s Monthly Summary report for February 2012. […]
Spring Selling Season Begins to Show a Pulse
The spring selling season may have finally began to show a pulse as existing home sales over the past thirty days jumped by over five thousand transactions from last week according to the National Home Sales Snapshot released by DataQuick while home values jumped $4,000 from the previous week. […]
Mortgage Rates Down Slightly from Last Week
Mortgage interest rates were generally lower this week with only the one-year adjustable rate mortgage posting a slight increase over the previous week according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending April 4th, 2013. […]
Mortgage Applications Slide as Refinance Requests Drop
Mortgage applications fell for the third time in four weeks as a decline in refinance applications overshadowed an increase in purchase applications according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 29th, 2013. […]
