by Jim Crowder | Sep 14, 2011 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, the average contract interest rate for 30-year fixed-rate mortgages fell to 4.17 percent last week from 4.23 percent the week before. The 30-year rate is the lowest in the history of the...
by Jim Crowder | Sep 13, 2011 | HOUSING MARKET
Out of 28 economists polled by Reuters, half said that home prices had already hit bottom or would by the end of this year. The polled economists also projected a smaller decline in prices this year than in earlier polls and, according to the median forecast, a bigger...
by Jim Crowder | Sep 12, 2011 | HOUSING MARKET
The U.S. Census Bureau’s Annual Characteristics of New Housing compiles housing data ranging from median and average square footage to construction method, number of bathrooms, and type of heating system. Last year’s statistics show new single-family...
by Jim Crowder | Sep 9, 2011 | HOUSING MARKET
Fannie Mae’s August National Housing Survey polled 1,001 Americans to assess their attitudes toward owning and renting, mortgage rates, the economy, and their personal finances. The survey found 69 percent of respondents said now was a good time to buy a home,...
by Jim Crowder | Sep 8, 2011 | HOUSING MARKET
Clear Capital’s latest report detailing second-quarter home prices shows a 4.0 percent increase in values over the summer months. Price gains were strongest in the Midwest region, where they jumped 7.3 percent. The Northeast saw an increase of 4.9 percent, while...
by Jim Crowder | Sep 7, 2011 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, the average contract interest rate for 30-year fixed-rate mortgages fell to 4.23 percent from 4.32 percent the previous week. Michael Fratantoni, MBA’s vice president of research...
