by Jim Crowder | Oct 26, 2011 | HOUSING MARKET
According to The Mortgage Bankers Association’s Weekly Applications Survey, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances was unchanged last week at 4.33 percent. The average 30-year rate on jumbo loans...
by Jim Crowder | Oct 25, 2011 | HOUSING MARKET
The S&P/Case-Shiller Home Price Indices shows home values up 0.2 percent in August for both the 10- and 20-city composites. Home values increased in ten of the 20 cities covered by the indices. It was the fifth consecutive month that at least half of the surveyed...
by Jim Crowder | Oct 24, 2011 | HOUSING MARKET
The Federal Housing Finance Agency is easing the terms of the Home Affordable Refinance Program in order to help the estimated 11 million homeowners who have been making their mortgage payments but are unable to refinance because their loans are worth more than their...
by Jim Crowder | Oct 21, 2011 | HOUSING MARKET
Total existing home sales, which include single-family, townhomes, condominiums, and co-ops, dipped 3.0 percent from the upwardly revised August estimate but remain 11.3 percent above September 2010, according to The National Association of Realtors. Lawrence Yun,...
by Jim Crowder | Oct 20, 2011 | HOUSING MARKET
In September, housing starts rose at their fastest pace in 17 months, according to data released by the U.S. Census Bureau and the Department of Housing and Urban Development. Privately-owned housing starts were 15.0 percent above August’s estimate and 10.2...
by Jim Crowder | Oct 19, 2011 | HOUSING MARKET
According to The Mortgage Bankers Association’s Weekly Applications Survey, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances was 4.33 percent last week. The average 30-year rate for jumbo loans increased to 4.64...
