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Purchase Demand Rallies Ahead of FHA Updates. Seller Concession Reduction Still in Limbo
The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending October 1, 2010. The MBA’s loan application survey covers over 50% of all U.S. residential mortgage loan applications taken by retail mortgage bankers, commercial … Continue reading
New Home Sales Mixed regionally. Still near record low
The Census Bureau and the Department of Housing and Urban Development have f new residential home sales data? R August 2010 ver? Published. Excerpts? Ge from the release … Verk The purchase is new Single family residences? Usern in August … Continue reading
15-year mortgage rates still at record low, Freddie Mac says News
15-year mortgage rates still at record low, Freddie Mac says Interest rates are creeping back up for 30-year mortgages, but they remain at record lows for 15-year loans, helping to drive a surge in the refinance business. A report from … Continue reading
USDA Rural Housing Issues Funding Update: Lenders Still in Limbo
FYI: This update was issued to lenders yesterday by the USDA Rural Housing Office….. HERE is the presser issued by the USDA —————————– TO : Participating Lenders FROM : Tammye Trevifio, Administrator, Housing and Community Facilities Programs SUBJECT : Single … Continue reading