July 9, 2012 (Chris Moore) Summer home sales continued to improve over the previous week, but at a slower pace, while home prices suffered their first decline in 18 weeks according to the weekly National Home Sales Snapshot released by DataQuick. […]
July 9, 2012 (Shirley Allen) Monthly sales of existing single-family homes in the state of New York rebounded strongly in May following a small loss in April while home prices recorded a modest increase but were still down from the previous year according to the latest housing data from the New York State Association of [...]
July 6, 2012 (Chris Moore) Another round of record low mortgage rates couldn’t help boost mortgage applications as volume fell due to a drop in applications for mortgage refinances while purchase applications edged up slightly according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 29th, 2012. […]
July 6, 2012 (Shirley Allen) Just when you think mortgage rates can’t get any lower…they do. Fixed rate mortgages fell to new all-time lows again this week as dismal economic news pushed Treasury Bonds lower this week sending rates to their newest lows according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week [...]
July 5, 2012 (Shirley Allen) Home sales improved in the Las Vegas area in May following April’s larger than expected decline while home prices began to show signs of recovery, improving year-over-year for the second consecutive month according to the latest data released from DataQuick. […]
July 5, 2011 (Shirley Allen) The Department of Housing and Urban Development (HUD) has announced they will provide disaster relief, including mortgage assistance, to homeowners and low-income renters in Colorado forced from their homes due to the recent wildfires. […]
July 3, 2012 (Chris Moore) National monthly home prices improved for a third consecutive month in May with seventy-one out of the top one hundred statistical areas reporting year-over-year increases led by a 12 percent increase in Arizona according to CoreLogic’s May Home Price Index (HPI). […]
July 3, 2012 (Shirley Allen) Spending on private residential construction increased for the second consecutive month in May as spending on both single-family and multifamily construction edged higher during month resulting in double digit gains for both compared to a year ago according to the U.S. Census Bureau. […]
July 3, 2012 (Jeff Alan) Fannie Mae completed 11,611 loan modifications under the federal government’s Home Affordable Modification Program (HAMP) in May, a decline of 7.3 percent over April according to its Monthly Summary for May 2012. […]
