 |
| 30 Yr Fix |
6.01% |
-0.04% |
| 15 Yr Fix |
5.60% |
0.00% |
| 1 Yr ARM |
5.18% |
-0.11% |
| 5/1 ARM |
5.57% |
-0.10% |
| 30 Yr Tres |
4.58% |
-0.06% |
| Fed Prime |
5.00% |
-0.25% |
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DECEMBER 2004 MORTGAGE NEWS
The Hardest Part Of Buying A House Might Be The Forms
Wednesday Dec 1, 2004 10:28 AM EST
If you are sitting down to make an offer, you may wonder whatever happened to the paperless society.
Free Credit Report Availabilty Begins Slow National Rollout
Wed, 7 Sep 2005 16:40:13 EST
Thanks to a new federal law, consumers can now get a free reading on their credit up to three times per year.
Fannie Mae Raises Conforming Loan Limit
Thursday Dec 1, 2004 4:15 PM EST
An annual event – Fannie Mae raises the loan limit on conforming mortgage loans.
Fannie Mae Gets Slapped Again
Thursday Dec 2, 2004 12:24 PM EST
Fannie Mae gets slapped again…and again. Now the words criminal and turkey are being bandied about.
One Day Old Credit Report Law Is Fueling Fraud
Friday Dec 3, 2004 10:33 AM EST
Not even a day after it begins, and crooks are already trying to profit from the new free credit report benefit.
Same-House Values Continue Climb
Tuesday Dec 7, 2004 4:03 PM EST
The Office of Federal Housing Enterprise Oversight has issued its third quarter report on same-house values. Unlike most economic reports, this one is almost fun to read.
Freddie Issues Monthly Economic Outlook, UCLA Not Sure It Agrees
Friday Dec 10, 2004 10:50 AM EST
Freddie Mac and UCLA economists don’t exactly agree on the degree, but both see a slowing in the housing market on the short term horizon.
Buyers Now Represented By Agents In A Majority of Real Estate Transactions
Friday Dec 10, 2004 2:57 PM EST
Over half of real estate buyers are now represented by their own agents.
Buying A Condo Is Not Like Buying A House
Monday Dec 13, 2004 9:15 AM EST
Condos can offer early entry to homeownership or a welcome lifestyle for those seeking to kick back and relax. but there are a lot of issues that are unique to this type of purchase.
Buying A Condo: Make Sure You Cover All Contingencies
Monday Dec 13, 2004 3:33 PM EST
Making an offer on a condominium involves a lot of contingencies that don’t apply to a single family home. Make sure each is included in your offer and that documents are adequately reviewed.
What Does A Good Real Estate Agent Do To Earn The Big Bucks ?
Friday Dec 17, 2004 11:35 AM EST
A seller has the right to certain expectations when he hires a real estate agent. The best agents may make you wonder why you ever questioned that commission.
Fannie Mae Advised To Restate Earnings
Friday Dec 17, 2004 3:37 PM EST
SEC has announced it would like Fannie Mae to take a second look at its earning statement. The effects of this on the mortgage industry may be far reaching.
Fannie Mae Scandal Topples Two Execs
Wednesday Dec 22, 2004 5:00 PM EST
The CEO and CFO of Fannie Mae were forced to resign Tuesday by the Corporation’s Board of Directors.
Fannie Mae Continues To Dominate Industry News
Wednesday Dec 29, 2004 11:07 AM EST
Former top executives leave Fannie Mae with full pockets while the mortgage giant scrambles to meet capital requirements.
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