May 11, 2012 (Jeff Alan) Wells Fargo reports that 9,447 active trial or completed loan modifications were started in March bringing the total amount of trial and completed modifications to 749,806 since its mortgage relief efforts began in March 2009. […]
May 11, 2012 (Shirley Allen) Monthly sales of new and resale homes in the Seattle area followed seasonal spring trends in March, jumping over 33 percent from the previous month, while home prices continued to lag behind last year’s levels according to real estate information provider DataQuick. […]
Mortgage Rates at Record Lows for a Second Week May 10, 2012 (Shirley Allen) Interest rates for both 30-year and 15-year fixed mortgages, and the 1-year ARM were at record lows for a second consecutive week according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending May 3rd. […]
May 10, 2012 (Shirley Allen) Proprietary loan modifications increased slightly in March, but a decline in HAMP modifications left the total amount of completed modifications almost unchanged from the previous month according to HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors. […]
May 10, 2012 (Shirley Allen) Monthly sales of existing single-family homes and condominiums jumped over 20 percent from February to March in Michigan while home prices edged up from both the previous month and the previous year according to the latest housing data from the Michigan Association of Realtors® (MAR). […]
May 10, 2012 (Chris Moore) The overall outlook for the housing market continued to show signs of stability according to the April release of the Obama Administration’s Housing Scorecard as home prices and sales remained at aboutthe same levels they have been at for most of the winter while Americans continued to show an increased [...]
May 9, 2012 (Chris Moore) Mortgage application volume edged slightly higher last week as both purchase and refinance applications recorded modest increases from the previous week according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 4th, 2012. […]
May 9, 2012 (Shirley Allen) Spring home buying fever hit the state of Indiana in March as monthly and yearly sales of existing single-family homes and condominiums surged during the month, reaching their highest level since 2008 according to the latest housing data from the Indiana Association of Realtors® (IAR). […]
May 9, 2012 (Chris Moore) National monthly home prices increased for the first time since July of 2011 during March according to CoreLogic’s March Home Price Index (HPI), but still couldn’t climb above the previous year’s levels. […]
