by Jim Crowder | Sep 19, 2013 | HOUSING MARKET
New data shows that U.S. mortgage applications increased last week. Experts have suggested that seasonal factors may influence fluctuations in mortgage activity. Economists say that holidays, such as the most recent holiday, labor day, can play a role in decreased...
by Jim Crowder | Sep 18, 2013 | HOUSING MARKET
New statistics state that multi-family housing has declined over recent years. According to Fannie Mae, multi-family housing has declined from 44.8% of occupied rental stock in 2005 to 41.3% in 2001. While experts acknowledge the decrease, construction companies are...
by Jim Crowder | Sep 17, 2013 | HOUSING MARKET
According to many economists, the U.S. housing market has rebounded, with an impressive amount of progress shown over the past year. New statistics show that the market is beginning to slow down as prices continue to rise and interest rates increase, although rates...
by Jim Crowder | Sep 16, 2013 | HOUSING MARKET
According to researchers, U.S. economy has made significant strides over the last year hitting the largest levels seen in approximately three years. An independent forecasting group, The Economic Cycle Research Institute located in New York, stated that its Weekly...
by Jim Crowder | Sep 13, 2013 | HOUSING MARKET
Freddie Mac stated that mortgage rates remain unchanged from last week. Experts expect rates to take a vast and speedy turn next week as the Federal Reserve is scheduled to address the bond purchase program. 30-year loans averaged 4.57% this week while the 15-year...
by Jim Crowder | Sep 12, 2013 | HOUSING MARKET
According to new data, reverse mortgage rules are getting ready to change, making the process slightly more difficult for some. Rules governing Home Equity Conversion Mortgages (HECMs) are expected to get tighter starting in October. Loan fees will be larger than...
