October 6, 2011 (Shirley Allen) Home buyers in the Miami area pushed the sales of new and resale homes to their highest levels in five years according to the latest data released from DataQuick as buyers took advantage of the lowest interest rates available in 50 years and the lowest home prices since 2002. [...]
October 6, 2011 (Shirley Allen) Interest rates on 30-year fixed rate mortgages continued to slide last week according to the data collected by LendingTree’s Weekly Mortgage Rate Pulse, while rates on 15-year fixed rate mortgages and ARMs remained stable. […]
October 5, 2011 (Chris Moore) Last week’s low interest rates failed to motivate potential home buyers and refinancers as mortgage applications for both declined from the previous week according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 30, 2011. […]
October 5, 2011 (Chris Moore) Real estate appraisers from across the country are feeling the heat from real estate agents, home builders, home sellers and buyers as an ever increasing amount of home purchases are cancelled due to low appraisals. […]
October 5, 2011 (Shirley Allen) Despite Americans’ pessimistic attitudes about the economy, household finances, and homeownership, 69 percent of the Americans surveyed in Fannie Mae’s Monthly National Housing Survey believed that it is still a good time to buy a home. […]
October 4, 2011 (Jeff Alan) Long wait times and a litany of obstacles has taken the luster off the purchase of short sale properties for first-time homebuyers according to the latest Campbell/Inside Mortgage Finance HousingPulse Tracking Survey. […]
October 4, 2011 (Chris Moore) Weekly home sales volume fell for the third consecutive week and home prices fell for the sixth time in the last seven weeks according to the National Home Sales Snapshot released by DataQuick. […]
October 4, 2011 (Shirley Allen) Private residential construction spending increased 0.7 percent to a seasonally adjusted annual rate of $237.8 billion in August from a revised estimate of $236.2 billion in July according to the U.S. Census Bureau. […]
October 4, 2011 (Shirley Allen) Monthly foreclosure starts increased by 20 percent from July to August with first-time foreclosure starts reaching their highest levels in 2011 according to the Mortgage Monitor Report for August by Lender Processing Services (LPS). […]
