 |
| 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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JUNE 2007 MORTGAGE NEWS
Home Prices Show Positive Growth But Slowest In Ten Years
Fri, 1 Jun 2007 08:01:18 EST
OFHEO same house price report indicates that home prices are holding firm in most locations even though price increases are slowing down.
Nothing Wrong With Buying A Flip As Long As It Is A Good One
Tue, 5 Jun 2007 07:02:43 EST
There are a lot of houses for sale right now that were bought as long or short term investments. If you are considering buying one, make sure it isn’t only a cosmetic flip and do your homework in order to cut the best deal possible.
Mortgage Rates Climb For Third Straight Week
Wed, 6 Jun 2007 09:36:03 EST
Weekly Mortgage Survey
Alt-A Lender GreenPoint Mortgage Closes Multiple Offices
Thu, 7 Jun 2007 11:50:47 EST
GreenPoint Mortgage is the latest lender to feel an impact from tightened lending standards.
Real Estate Sales Information Not Public In All States
Thu, 7 Jun 2007 12:57:12 EST
In spite of the recent nearly frenzied interest in the subject, home sales prices are not a matter of public record everywhere - secrecy is the norm in a number of states.
NAR Forecast Reveals A Wee Bit Of Gloom
Fri, 8 Jun 2007 09:07:05 EST
National Association of Realtors seems increasingly unsure about that predicted soft landing with every passing month.
Will Subprime Problems Spill Over Into Conventional Markets?
Mon, 11 Jun 2007 11:23:47 EST
Freddie Mac June Forecast projects lower sales and prices while suggesting prime mortgage borrowers will be safe from foreclosures.
Major Real Estate Corp Sees Marketing Possibilities In Virtual World
Tue, 12 Jun 2007 12:06:02 EST
Two Coldwell Banker execs explain their rationale for establishing an office in Second Life.
Mortgage Rates Continue Upward Spiral
Wed, 13 Jun 2007 07:57:29 EST
Weekly Mortgage Survey
Credit Piggybacking - What Will They Think Of Next?
Thu, 14 Jun 2007 12:16:31 EST
Piggybacking is yet another way to game the mortgage lending system but it may be coming to an end in September as FICO adopts new standards.
MBA Delinquency Data Not As Dire As RealtyTrac Reports
Fri, 15 Jun 2007 11:00:19 EST
Delinquency rates and loans entering foreclosure are inching up, but a subset of states is responsible for most of the increases.
Housing Starts Slip and Builders Still Glum
Tue, 19 Jun 2007 10:25:02 EST
The joint HUD and Census Department report continued to show sluggish numbers for housing permits and starts while NAHB reports historic lows in builder confidence.
Mortgage Rates Take Biggest Jump In Three Years
Wed, 20 Jun 2007 08:24:45 EST
Weekly Mortgage Survey
State Of The Nations Housing - Harvard Study
Fri, 22 Jun 2007 07:32:01 EST
Harvard study will not make predictions about the length of the housing downturn but predicts long term recovery. Affordability is a more pervasive problem.
Subprime Mess Hits Wall Street Again
Mon, 25 Jun 2007 10:51:43 EST
Bear Stearns stuck a finger in the dike on Friday to stop the possible subprime related collapse of one of two risky hedge funds it manages. With a second fund tettering on the edge, can it put together a second rescue?
New And Existing Home Sales Continue To Languish
Tue, 26 Jun 2007 13:30:25 EST
Both new and existing homes are selling slowly and inventories are rising. NAR cites psychological factors and declining household formation as part of the reason.
Mortgage Rates Roll Back From 2007 Highs
Wed, 27 Jun 2007 13:39:16 EST
Weekly Mortgage Survey
Efforts Made To Help Borrowers Avoid Foreclosure
Fri, 29 Jun 2007 08:52:41 EST
Institutions are moving to head off or at least mitigate looming foreclosure problems while House committee proposes injecting a billion dollars into housing affordability programs.
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