Jul 16
Sometimes, it's the extra personal touches to your home that motivate buyers to make an offer.
Jul 16
Congress has lifted the conforming loan limits in thousands of counties across the country. The government is allowing mortgage giants Fannie Mae and Freddie Mac to buy more — and larger – loans. And the FHA has rolled out its jumbo loan. So what does it all mean for you? Well, if you’re a homeowner, or even thinking about becoming one, you may just find it’s easier to get approved for a loan.
Jul 16
This morning the Mortgage Bankers Association (MBA) announced that overall mortgage activity, which includes applications for a mortgage to both purchase and refinance a home, increased 3.6 percent last week compared to the week prior.
Jul 16
There are many ways to celebrate the 4th of July while staying environmentally friendly - go green on the 4th!
Jul 16
The proposed housing stimulus package is moving it's way to the White House. But what does it mean for consumers?
Jul 16
This morning the Mortgage Bankers Association (MBA), in its Weekly Mortgage Applications Survey for the week ending July 4, announced that the Market Composite Index, which measures mortgage loan application volume, increased 7.5% from one week earlier.
Jul 16
Buying a home? Learn how to take advantage of free services for home buyers like down payment assistance programs, free real estate services, free credit reports and free mortgage pre-approvals. They're everything you need in this buyer's market.
Jul 16
Learn when, why, how and if you should buy mortgage points when buying a home or refinancing your mortgage. Sometimes it makes great financial sense to buy mortgage points.
Jul 16
Mortgage rates dropped throughout last week causing increased activity among Americans looking for a home loan, particularly those seeking to refinance their existing mortgage, according to the Mortgage Bankers Association (MBA).
Jul 16
Bob Walters, chief economist of Quicken Loans, is interviewed on Sky Radio about the state of the mortgage industry and financial markets. Walters explains how recent changes in credit and mortgages are affecting consumers. He also offers tips to improve credit and qualify for a low-cost mortgage.
Jul 16
A report from Wells Fargo and the National Association of Home
Builders (NAHB) suggests that homebuilders were even more
pessimistic in July as the housing market index fell two points to 16,
creating a new historic low in the 22-year index.
Jul 16
The minutes of the Federal Open Market Committee’s
(FOMC) June 24-25 meeting show that FOMC Board Members agreed upside
risks to inflation had increased and generally agreed downside risks to
growth had diminished. Most members thought the current 2.00% target rate
was appropriate but that risks to inflation may initiate a
reassessment.
Jul 16
Following a lower-than-expected level of housing starts and
permits in the May report, plus a major downward revision in the
month before, economists are expecting June’s housing starts and permits
figures from the Department of Commerce to continue declining.
Jul 16
Fed fund futures showed a slightly heightened risk of a rate
hike in 2008 by the Federal Reserve, following a higher-than-
expected CPI print for June on Wednesday.
Jul 16
Mortgage rates dropped throughout last week causing increased activity among Americans looking for a home loan, particularly those seeking to refinance their existing mortgage, according to the Mortgage Bankers Association (MBA).
Jul 16
Bob Walters, chief economist of Quicken Loans, is interviewed on Sky Radio about the state of the mortgage industry and financial markets. Walters explains how recent changes in credit and mortgages are affecting consumers. He also offers tips to improve credit and qualify for a low-cost mortgage.
Jul 16
According to Freddie Mac’s Primary Mortgage Market Survey for the week
ending July 10, there was little change in either short or long term
mortgage rates.
Jul 16
The seasonally adjusted U.S. Consumer Price Index
rose more than expected on both fronts, as the core rate ticked up 0.3%
(0.323%) in June, contributing to a 2.4% year-over-year change, and total
inflation rose 1.1% (1.056%) in the month and 5.0% on the year, according
to data released by the U.S. Labor Department on Wednesday.
Jul 16
Another action-packed day follows Tuesday’s
excitement as Fed Chairman Ben Bernanke delivers the second of his two-
day annual testimony, this time to the House of Representatives. In terms
of data, markets will receive Canadian manufacturing shipments along with
U.S. CPI and industrial production figures followed by the all important
weekly oil inventories for the week ending July 11.
Jul 16
CAPE BRETON, Prince Edward Island, July 15, 2008 — The Government of Canada and a First Nation community officially opened the Chief Mary Bernard Memorial Women’s Shelter today. The project creates five units for women and their children who are leaving domestic violence situations.
“The Government of Canada is delivering on its commitment to help the homeless or those at risk …