September 21, 2011 (Shirley Allen) Monthly mortgage delinquency rates declined by 2.5 percent in August after two consecutive months of increases according to the latest “First Look” Mortgage Report released by Lender Processing Services (LPS), which is derived from its loan-level database of nearly 40 million loans. […]
September 20, 2011 (Shirley Allen) Mortgage loan applications to the Federal Housing Administration (FHA) surged 23.9 percent last month partially due to a significant increase in refinance applications according to the agency’s Single-Family Outlook report for August. […]
September 20, 2011 (Chris Moore) Construction of new residential housing remained in the doldrums in August as both single-family and multi-family construction activity posted monthly declines according to the latest data released by the Census Bureau. […]
September 19, 2011 (Shirley Allen) Home sales in California rebounded from an 11.0 percent drop in July to an 8.8 percent gain in August as falling prices and low interest rates combine to give Californians record low monthly payments according real estate information provider DataQuick. […]
September 19, 2011 (Jeff Alan) Confidence among the nation’s new single-family home builders dipped slightly in September according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) as economic challenges continue to keep potential home buyers away. […]
September 19, 2011 (Jeff Alan) Bay Area home sales rebounded in August after a surprise drop in July but still remained far below historic levels according to data collected by real estate information provider DataQuick. […]
September 16, 2011 (Jeff Alan) Home sales rebounded in August after a disappointing July as monthly closed transactions increased by 3.7 percent and were 18 percent higher than August 2010 according to RE/MAX’s National Housing Report (NHR). […]
September 15, 2011 (Shirley Allen) The concern over the European debt crisis caused investors to flee to the safety of Treasury bonds keeping yields low and sending mortgage rates to new lows according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS). […]
September 15, 2011 (Shirley Allen) The Department of Housing and Urban Development (HUD) has announced they will speed disaster relief assistance to the states of Maine, New York, Pennsylvania, and Texas, providing support to homeowners and low-income renters who have been forced from their homes due to the recent severe weather and flooding by recent [...]
