Mortgage Rates Dip Further
By admin on August 22, 2011 at 10:50 am | 0 commentsMortgage Rates Dip Further
August 18, 2011
Mortgage rates declined for a third straight week, with the benchmark conforming 30-year fixed mortgage rate now 4.45%, with 0.45 discount and origination points, according to Bankrate.com. The record low of 4.42% was set in October and November of 2010.
Existing-Home Sales Down in July but Up Strongly from a Year Ago
By admin on August 22, 2011 at 10:49 am | 0 commentsExisting-Home Sales Down in July but Up Strongly from a Year Ago
August 18, 2011
WASHINGTON (August 18, 2011) — Existing-home sales declined in July from an upwardly revised June pace but are notably higher than a year ago, according to the NATIONAL ASSOCIATION OF REALTORS®. Monthly gains in the Northeast and Midwest were offset by declines in the West and South.
What You Should Know About Strategic Default
By admin on August 22, 2011 at 10:31 am | 0 commentsWhat You Should Know About Strategic Default
August 5, 2011
Who would risk the negative impact of defaulting on a mortgage if they didn’t really have to? About 17% of Americans who defaulted on their mortgages in the second quarter of 2010 did exactly that, according to a study by Experian.
Mortgage Rates Plunge to 9-Month Low
By admin on August 22, 2011 at 10:29 am | 0 commentsMortgage Rates Plunge to 9-Month Low
August 4, 2011
Renewed economic worries had mortgage rates falling sharply, with the benchmark conforming 30-year fixed mortgage rate now 4.54%, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.39 discount and origination points.
Fixed Mortgage Rates Inch Higher
By admin on July 29, 2011 at 11:46 am | 0 commentsFixed Mortgage Rates Inch Higher
July 29, 2011
Mortgage rates turned course this week, with the benchmark conforming 30-year fixed mortgage rate rising to 4.74%, according to Bankrate.com. The average 30-year fixed mortgage has an average of 0.35 discount and origination points.
The average 15-year fixed mortgage moved up to 3.83%, as did the larger jumbo 30-year fixed rate, which is now 5.19%.
Program Helps Troubled Borrowers
By admin on July 29, 2011 at 11:45 am | 0 commentsProgram Helps Troubled Borrowers Reduce Mortgage if They Share Upside with Investors
July 28, 2011
Foreclosure Activity Down in Most U.S. Metro Areas
By admin on July 29, 2011 at 11:43 am | 0 commentsForeclosure Activity Down in Most U.S. Metro Areas
July 28, 2011
By Alex Veiga
LOS ANGELES — Most of the nation’s largest metropolitan areas are seeing a sharp drop in foreclosure activity as banks take longer to move against home owners who are behind on their mortgage payments.
Pending Home Sales Rise in June
By admin on July 29, 2011 at 11:42 am | 0 commentsPending Home Sales Rise in June
July 28, 2011
WASHINGTON (July 28, 2011) — Pending home sales increased in June following a wide swing down in April and then up in May, according to the NATIONAL ASSOCIATION OF REALTORS®. Activity increased in the West and South but declined in the Midwest and Northeast; all regions show strong double-digit gains from a year ago.
Cut Home Owners Insurance Bill by Using Discounts
By admin on July 29, 2011 at 11:41 am | 0 commentsCut Home Owners Insurance Bill by Using Discounts
July 26, 2011
By Phil Mulkins, Tulsa World, Okla.
July 20 — Home owners often think the only ways to save money on home insurance is to put up smoke detectors and insure cars with the home insurance company. But property and casualty companies offer a variety of other discounts, says BankRate.com, some for as much as 25% for obscure improvements.
June Existing-Home Sales Slip, but Prices Stabilize
By admin on July 29, 2011 at 11:39 am | 0 commentsJune Existing-Home Sales Slip, but Prices Stabilize
July 20, 2011