August 3, 2012 (Shirley Allen) Mortgage interest rates for fixed loans increased this week with the 30-year fixed rate mortgage increasing for only the second time in the last 15 weeks according to Freddie Mac’s Primary Mortgage Market Survey® (PMMS) for the week ending August 2nd. […]
August 2, 2012 (Shirley Allen) Spending on private residential construction increased for a third consecutive month in June with both single-family and multi-family construction posting similar gains from May according to the U.S. Census Bureau. […]
August 2, 2012 (Chris Moore) Mortgage applications were slightly higher last week as refinance activity remained at elevated levels after jumping 17 percent three weeks ago while purchase applications continued to fall according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 27th, 2012. […]
August 2, 2012 (Chris Moore) Monthly home prices improved for a second consecutive month in May but still remained in negative territory year-over-year according to the latest S&P/Case-Shiller Home Price Indices. The difference in year-over-year prices was the smallest in 18 months. […]
August 1, 2012 (Shirley Allen) Monthly sales of existing single-family homes and condominiums improved in Minnesota during June but slowed considerable following May’s 30 percent jump in sales according to the latest housing data from the Minnesota Association of Realtors® (MAR). […]
August 1, 2012 (Jeff Alan) Fannie Mae completed 11,169 loan modifications under the federal government’s Home Affordable Modification Program (HAMP) in June, about five hundred less than in May according to its Monthly Summary for June 2012. […]
July 31, 2012 (Chris Moore) Monthly sales of existing single-family homes and condominiums increased by over 20 percent from May to June in Massachusetts, with single-family sales at their highest level for a non-tax credit month since 2007 according to the latest data from the Massachusetts Association of Realtors® (MAR). […]
July 31, 2012 (Chris Moore) Consumer confidence continued to slip in July as the economic slowdown put consumers in a grim mood about their future financial prospects according to the latest Surveys of Consumers by Thomson Reuters/University of Michigan. […]
July 30, 2012 (Jeff Alan) The average interest rates for conventional 30-year fixed rate single-family, fully amortized, purchase-money mortgages fell from 4.04 percent in May to 3.88 percent in June according to the Federal Housing Finance Agency’s (FHFA) Monthly Interest Rate Survey. […]
