by Jim Crowder | Apr 19, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, refinance activity increased 13.5 percent last week and pushed the refinance share of all mortgage activity up to 75.2 percent. The spike in refinance activity helped the Market...
by Jim Crowder | Apr 18, 2012 | HOUSING MARKET
The results of Clear Capital’s most recent home price forecast calls for national values to rise slightly over the next three months and to end the year with a growth rate of 1.2 percent. According to their data, home prices were down 1.4 percent year-over-year...
by Jim Crowder | Apr 17, 2012 | HOUSING MARKET
The U.S. Census Bureau and the Department of Housing and Urban Development’s New Residential Construction report for March shows permits to build privately-owned housing units rose 4.5 percent in March. Permits were at a seasonally adjusted annual rate of...
by Jim Crowder | Apr 16, 2012 | HOUSING MARKET
According to the National Association of Home Builders’ Housing Market Index, builder confidence slipped three points to 25 in April, the first decline after seven consecutive months of gains. The index measures builders’ perception of the market for newly...
by Jim Crowder | Apr 13, 2012 | HOUSING MARKET
Fannie Mae’s March 2012 National Housing Survey finds Americans more confident in their financial situation and more optimistic about the housing market than in previous months. According to the monthly survey, 73 percent of respondents say now is a good time to...
by Jim Crowder | Apr 12, 2012 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, mortgage rates fell to their lowest level since March 9 last week. The average contract interest rate for 30-year fixed-rate mortgages dropped to 4.10 percent from 4.16 percent the week...