May 18, 2012 (Jeff Alan) Default rates on first and second mortgages declined for a fourth consecutive month in April, helping to push the S&P/Experian Consumer Credit Default Indices national composite from 1.96 percent in March to 1.86 percent in April. […]
May 18, 2012 (Jeff Alan) Home purchases were primarily flat from March to April, but still beat the previous year’s tally for the tenth consecutive month, while home prices continued to gain strength, exceeding the previous year’s prices for the third consecutive month according to RE/MAX’s National Housing Report (NHR). […]
May 17, 2012 (Shirley Allen) Interest rates on fixed rate mortgages broke new ground again this week as Treasury bond yields fell on fears of a rekindling European debt crisis according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending May 10th. […]
May 17, 2012 (Shirley Allen) Home sales in the Miami area followed seasonal trends and increased substantially from February to March but still couldn’t match last year’s tally, while year-over-year home prices improved for the third consecutive month, according to the latest housing data released by DataQuick. […]
May 17, 2012 (Chris Moore) Housing starts rebounded in April after two months of declines as both single-family and multi-family housing starts enjoyed solid increases for the month and were substantially higher than the same month last year according to the latest data released by the Census Bureau. […]
May 17, 2012 (Chris Moore) Mortgage application volume picked up last week as record low fixed rate mortgage rates sparked a surge in refinance applications according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 11th, 2012. […]
May 16, 2012 (Chris Moore) Housing affordability has reached its highest level since 1970 according to the National Association of Realtors® (NAR) and with mortgage interest rates expected to remain low and home prices stabilizing, this year may be the most affordable housing market in over 40 years. […]
May 16, 2012 (Shirley Allen) Monthly sales of new and resale homes in the Phoenix area increased in March, though they still weren’t strong enough to beat last year’s tally, while home prices continued to recover, increasing by almost 15 percent since last August, according to the latest housing data released from DataQuick. […]
May 16, 2012 (Jeff Alan) Confidence by the nation’s new home builders rebounded in April after falling in March leaving the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) at its highest level since May 2007. […]
