November 8, 2012 (Chris Moore) Mortgage applications declined again last week as Hurricane Sandy made a significant impact on application volume along the East Coast according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 2nd, 2012. […]
November 7, 2012 (Chris Moore) Monthly and yearly home prices continued to improve according to the latest S&P/Case-Shiller Home Price Indices with Detroit posting the largest monthly increase while Phoenix posted the largest year-over-year gain. Home prices in Phoenix have recorded double-digit increases for the last four consecutive months. […]
November 6, 2012 (Shirley Allen) Low inventory of existing homes kept the nation’s home builders busy in September as spending for both private single-family and multi-family construction continued to increase in September according to the U.S. Census Bureau. […]
November 5, 2012 (Chris Moore) Home prices posted their first significant decline since the beginning of March last week, falling 1.1 percent from the previous week according to the weekly National Home Sales Snapshot released by DataQuick while sales of existing homes saw a modest gain of 0.1 percent. […]
November 2, 2012 (Jeff Alan) The average interest rates for conventional 30-year fixed rate single-family, fully amortized, purchase-money mortgages increased from 3.74 percent in August to 3.76 percent in September according to the Federal Housing Finance Agency’s (FHFA) Monthly Interest Rate Survey. […]
November 2, 2012 (Shirley Allen) Mortgage interest rates remained at about the same levels as last week, edging downward slightly according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending November 1st. […]
November 1, 2012 (Shirley Allen) Monthly sales of existing single-family homes and condominiums edged downward in Illinois during September according to the latest data from the Illinois Association of REALTORS® (IAR) while home prices improved year-over-year but fell from the previous month. […]
November 1, 2012 (Shirley Allen) Monthly home prices in the United States improved for the ninth time in the last ten months, increasing by 0.7 percent from July to August according to the Federal Housing Finance Agency’s (FHFA) monthly House Price Index (HPI). […]
November 1, 2012 (Chris Moore) Mortgage applications continued to decline as long-term mortgage rates moved higher again last week slowing refinance activity while purchase activity still remained above last year’s levels according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 26th, 2012. […]
