November 30, 2011 (Shirley Allen) After falling in August, monthly home prices bounced back 0.9 percent in September according to the Federal Housing Finance Agency’s monthly House Price Index (HPI), but home prices are still 2.2 percent lower than they were in September 2010. […]
November 29, 2011 (Chris Moore) Existing home sales increased unexpectedly in October, a possible sign that falling prices and low mortgage rates may be attracting buyers, but a huge jump in contract failures is holding back a sales recovery according to the National Association of Realtors® (NAR). […]
November 29, 2011 (Shirley Allen) The Department of Housing and Urban Development (HUD) has announced they will provide disaster relief assistance to homeowners and low-income renters in New Mexico who have been forced from their homes following flooding in August. […]
November 29, 2011 (Chris Moore) Consumer confidence continued to improve in November but a lack of action on important issues before the President and Congress over the next month could have a negative impact on consumer expectations according to the latest Surveys of Consumers by Reuters/University of Michigan. […]
November 29, 2011 (Chris Moore) Weekly existing home sales volume continued downward last week falling to levels last seen in the middle of May according to the National Home Sales Snapshot released by DataQuick. […]
November 28, 2011 (Chris Moore) Sales of new single-family homes increased for the second consecutive month in October, welcomed news for home builders after suffering through four months of declines during the summer, according to the latest housing data released by the Census Bureau. […]
November 25, 2011 (Jeff Alan) The total number of monthly loan modifications completed by Freddie Mac increased 0.2 percent in October, the first increase since June, according to the recently released Monthly Volume Summary. […]
November 23, 2011 (Shirley Allen) Thirty-year fixed rate mortgages dipped back under four percent again this week while interest rates for adjustable rate mortgages averaged new record lows according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending November 23rd. […]
November 23, 2011 (Chris Moore) Purchase applications increased to their highest levels since August while refinance applications were at their lowest level since the end of July according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 18, 2011. […]
