Happy Holidays: Your Gift is Record Low Mortgage Rates
You guessed it. Just in time for the holidays, mortgage rates fell to yet a new record low. What a nice gift to give existing… Read More »Happy Holidays: Your Gift is Record Low Mortgage Rates
December 2011
Study Says Negative Home Seller Sentiment Hurting Sales Activity
A new study released today by the Mortgage Bankers Association argues that despite home buying sentiment being relatively normal, negativity among home sellers is holding… Read More »Study Says Negative Home Seller Sentiment Hurting Sales Activity
Fitch: Supply of Foreclosed Homes ‘Staggering’
In case you were wondering how things were going on the housing front, the news still doesn’t look too hot. Aside from homes sales data… Read More »Fitch: Supply of Foreclosed Homes ‘Staggering’
Bernanke Has Refinanced His Mortgage Twice in the Past Two Years
When deciding whether you should refinance your mortgage, you may look to your friends, family, and neighbors to see what they’re doing and/or to get… Read More »Bernanke Has Refinanced His Mortgage Twice in the Past Two Years
Average Mortgage Down Payment Is 12.29%
Just a day after posting my primer on mortgage down payments, LendingTree came out with some rather timely mortgage down payment data. The online mortgage… Read More »Average Mortgage Down Payment Is 12.29%
Foreclosures Halted for Holidays as Inventory Hits All Time High
Government mortgage financiers Freddie Mac and Fannie Mae announced separate foreclosure moratoriums today as foreclosure inventories hit an all-time high. Fannie Mae will suspend evictions… Read More »Foreclosures Halted for Holidays as Inventory Hits All Time High