November 17, 2011 (Jeff Alan) Confidence among the nation’s new single-family home builders jumped another three points in November according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), bringing the index to the highest level since May 2010. […]
November 16, 2011 (Shirley Allen) The near record low mortgage rates that resulted from the uncertainty over the European debt crisis appears to have run its course as interest rates on fixed rate and adjustable rate mortgages jumped back up by as much as 25 basis points this week according to the data collected by [...]
November 16, 2011 (Chris Moore) Refinance applications tumbled last week even though mortgage rates remained virtually unchanged from the previous week according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 11, 2011. […]
November 16, 2011 (Chris Moore) Over ninety-five percent of borrowers who refinanced their home loans in the third quarter of 2011 picked a fixed rate loan according to Freddie Mac’s Quarterly Product Transition Report regardless of whether their previous loan was a fixed rate mortgage (FRM) or an adjustable rate mortgage (ARM). […]
November 16, 2011 (Shirley Allen) Freddie Mac is offering a new round of buyer assistance on foreclosed homes purchased through its HomeSteps real estate unit from now through January 31, 2012. […]
November 16, 2011 (Chris Moore) Monthly sales of new and existing homes in Southern California continued to decline in October while home prices tumbled back to last January’s levels according to real estate information provider DataQuick. […]
November 15, 2011 (Chris Moore) Weekly home sales volume increased for the first time in five weeks while home prices continued their downward trend according to the National Home Sales Snapshot released by DataQuick. […]
November 14, 2011 (Jeff Alan) Wells Fargo is holding another Home Preservation Workshop in Fort Myers, Florida, on November 16 and 17th, 2011. The event is being held at the Harborside Event Center and will be open from 9:00 a.m. until 7:00 p.m. […]
November 11, 2011 (Chris Moore) A new proposal introduced by Tennessee Senate Republican Bob Corker seeks to responsibly wind down the Government Sponsored Enterprises (GSEs) Freddie Mac and Fannie Mae, effectively ending the government’s involvement in housing finance. […]
