by Jim Crowder | Aug 9, 2011 | HOUSING MARKET
Each month, Fannie Mae’s National Housing Survey polls 1,000 Americans to assess their attitudes toward homeownership, household finances, and overall economic confidence. And though confidence in personal finances fell in July, 61 percent of participants said...
by Jim Crowder | Aug 8, 2011 | HOUSING MARKET
The U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury’s July Housing Scorecard collects key data on the housing market and the administration’s foreclosure prevention programs. The report shows home prices improving,...
by Jim Crowder | Aug 5, 2011 | HOUSING MARKET
CoreLogic’s June Home Price Index shows home values climbed 0.7 percent from May, marking the third consecutive month prices have risen. Mark Fleming, CoreLogic’s chief economist, said there has been consistent and sustained seasonal improvement in prices...
by Jim Crowder | Aug 4, 2011 | HOUSING MARKET
Typically, when the number of houses for sale drops, price gains follow. Which is why reports that inventory was at its lowest level in four years at the end of June is a positive indicator for the housing market. In more than 900 metropolitan areas, 2.34 million...
by Jim Crowder | Aug 3, 2011 | HOUSING MARKET
According to the Mortgage Bankers Association’s Weekly Applications Survey, demand for mortgage loans increased 7.1 percent last week. The Refinance Index rose 7.8 percent, as 30-year fixed-rate mortgages fell to 4.45 percent from 4.57 percent the previous week....
by Jim Crowder | Aug 2, 2011 | HOUSING MARKET
Freddie Mac’s Primary Mortgage Market Survey found that 77 percent of refinancing homeowners either reduced or maintained their principal loan amount in the second quarter. Frank Nothaft, Freddie Mac’s vice president and chief economist, said savvy...
