Mortgage markets worsened last week as domestic job growth surprised Wall Street and the Eurozone moved yet one more step closer to reaching a lasting Greece sovereign debt solution. [Read the rest of What's Ahead For Mortgage Rates This Week : February 6, 2012]
After a half-decade of tightening mortgage guidelines, banks are starting to “loosen up”. [Read the rest of Banks Start To Loosen Up In Underwriting]
It’s a risky time to be without a locked mortgage rate — especially with the pending release of January’s Non-Farm Payrolls report. [Read the rest of Home Affordability Threatened By Friday's Jobs Report]
According to the Case-Shiller Index, home values fell in 19 of 20 tracked markets in November 2011. [Read the rest of Case-Shiller Index Says Detroit And Washington DC Lead The Market]
According to the Census Bureau, the number of new homes sold in December 2011 slipped 2 percent to 307,000 units on a seasonally-adjusted, annualized basis nationwide. [Read the rest of Supply Of New Homes At 6.1 Months Nationwide]
Conforming mortgage rates rallied from Wednesday through Friday’s close, ending the week near all-time lows set earlier this year. [Read the rest of What's Ahead For Mortgage Rates This Week : January 30, 2012]
The housing market continues to show signs of improvement, propelled by low home prices and the cheapest mortgage rates of all-time. [Read the rest of Pending Home Sales Index Posts Second Best Month Since April 2010]
Wednesday, the Federal Reserve’s Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent. [Read the rest of A Simple Explanation Of The Federal Reserve Statement (January 25, 2012)]
The Federal Open Market Committee adjourns from a scheduled 2-day meeting today, its first of 8 scheduled meetings this year. [Read the rest of The Federal Reserve Meets Today : Mortgage Rates Expected To Move]
According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, December’s Existing Home Sales climbed by 120,00 units overall from the month prior on its way to an 11-month high. [Read the rest of Existing Home Sales Approach Bull Market Territory]
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