August 12, 2011 (Jeff Alan) Wells Fargo is holding another Home Preservation Workshop in Chicago, Illinois, on August 17 and 18, 2011. The event is being held at the United Center and will be open from 9:00 a.m. until 7:00 p.m. each day. The last day to register for this event is Monday, August 15th. [...]
August 11, 2011 (Chris Moore) The lowest mortgage rates of 2011 have lead to a surge in refinance applications according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 5, 2011. The Market Composite Index, a measure of mortgage loan application volume increased 21.7 percent powered by a 30.4 [...]
August 11, 2011 (Shirley Allen) Long term mortgage rates were unfazed by the debt crisis negotiations and and subsequent U.S. credit downgrade with interest rates continuing to fall to the year’s lowest levels according to the data collected by LendingTree’s Weekly Mortgage Rate Pulse. […]
August 9, 2011 (Shirley Allen) Home sales in Denver experienced seasonal increases from May to June but were at the lowest levels for a June in 13 years according to real estate information provider DataQuick. Home prices increased year-over-year for the second month in a row. […]
August 8, 2011 (Chris Moore) Housing data through June continues to paint a housing market that is a mixed picture that remains fragile with continued strain from foreclosures and distressed properties while home prices improved slightly according to the latest release of the Obama Administrations Housing Scorecard. […]
August 8, 2011 (Jeff Alan) Wells Fargo reports that 9,759 active trial or completed loan mortgage modifications were posted in the month of June. As of June 31, 2011, Wells Fargo says it has completed or has in active trial, 696,085 mortgage loan modifications since 2009. […]
August 5, 2011 (Shirley Allen) Home sales in Portland improved from May to June but were at the second lowest level for a June since 1994 as new home sales fell to their lowest level on record according to real estate information provider DataQuick. […]
August 5, 2011 (Shirley Allen) Government Sponsored Enterprise (GSE) Fannie Mae reports that it suffered a net loss of $2.9 billion in the second quarter of 2011, compared to a net loss of $6.5 billion in the first quarter of 2011, citing continued weakness in the housing and mortgage markets and the cost of loan [...]
August 5, 2011 (Jeff Alan) The Rasmussen Consumer Index fell to another new low in 2011 of 61.2, the lowest level since March of 2009.The Index is down eight points from a month ago and down 18 points from three months ago. […]
