by Jim Crowder | Oct 10, 2011 | HOUSING MARKET
Fannie Mae’s September National Housing Survey polled 1,002 Americans to assess their attitudes toward homeownership, renting a home, mortgage rates, the economy, and their household finances. The September survey found Americans continue to link their personal...
by Jim Crowder | Oct 7, 2011 | HOUSING MARKET
The homeownership rate in America has steadily gone up since 1940, eventually reaching a peak of near 70 percent at the height of the housing boom. But according to data from the Census Bureau, the homeownership rate fell to 65.1 percent last year, down 1.1 percent...
by Jim Crowder | Oct 6, 2011 | HOUSING MARKET
The Hanley Wood Housing 360 Survey polled 3,005 homeowners and renters across the country and asked them 70 questions on homeownership, renting, remodeling, financing, homebuying, and other economic concerns. The survey found Americans still value homeownership and...
by Jim Crowder | Oct 5, 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 fell to 4.18 percent last week from 4.24 percent the week before. The 30-year rate for...
by Jim Crowder | Oct 4, 2011 | HOUSING MARKET
More than 10 million homeowners have refinanced their mortgages through Freddie Mac, Fannie Mae, or the Federal Housing Administration and Veterans Affairs since 2009. The cumulative savings in monthly mortgage payments for those 10 million borrowers equals $25...
by Jim Crowder | Oct 3, 2011 | HOUSING MARKET
According to a report from the Office of the Comptroller of the Currency, the number of borrowers making their mortgage payments on time has improved from last year. Data from the second quarter of this year shows 88.0 percent of U.S. mortgages were current, up from...
