 |
| 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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MARCH 2007 MORTGAGE NEWS
Two Associations of State Regulators Issue Nontraditional Mortgage Lending Guidance
Thu, 1 Mar 2007 12:43:55 EST
Federal agency guidelines for depository institutions providing nontraditional mortgages are now paralleled by suggested regulations for state regulated lenders.
Existing Home Sales Rise But New Home Sales Take Sizable Hit
Fri, 2 Mar 2007 13:19:46 EST
January existing home sales improvement may be weather related but is still welcome. New home sales, however, continue to suffer.
Home Prices Still Rising But Rate Of Appreciation Slows
Mon, 5 Mar 2007 12:01:15 EST
House Price Index report confirms a strong decline in appreciation but few areas show an actual loss in value.
Subprime Lending Takes Center Stage on Wall Street
Tue, 6 Mar 2007 13:28:38 EST
Everybody is talking about it - subprime lending has taken a long overdue place in the financial spotlight as Wall Street, Congress, and regulators finally begin to get it.
Mortgage Rates Drop, Some To Lowest Levels In Serveral Months
Wed, 7 Mar 2007 13:07:38 EST
Weekly Mortgage Survey
Mortgage Licensing System Embraced By Some Slammed By Others
Thu, 8 Mar 2007 10:02:04 EST
Mortgage trade association pans new inter-state licensing initiative but more than half of the states have pledged to utilize its technology.
Fed Chair Calls For Changes In GSE Portfolios, Public Purpose
Mon, 12 Mar 2007 11:56:55 EST
Fed Chairman Bernanke calls for greater public purpose for Freddie Mac and Fannie Mae and nominates affordable housing as a candidate.
Housing Weather Forecast For March Calls For Sun and Storms
Tue, 13 Mar 2007 11:48:27 EST
Office of the Chief Economist at Freddie Mac sees a little more sunshine this month than last, but warns of potential problems lurking in wait.
Mortgage Rates Kept In Check By Market Jitters
Wed, 14 Mar 2007 12:39:49 EST
Weekly Mortgage Survey
Subprime News + Mortgage Delinquency = Bad Day On Wall St.
Thu, 15 Mar 2007 11:56:06 EST
More bad subprime announcements and mortgage delinquency report delivers a sucker punch to Wall Street.
MBA Urges Regulatory Restraint as Delinquency and Foreclosures Rise
Mon, 19 Mar 2007 10:34:46 EST
49 of 51 states record increases in delinquencies in the fourth quarter, but prime mortgages remain fairly stable and even sub-prime are in-line on an historical basis.
Apartment Rentals On The Rebound - Firms Warned To Prep For Growth
Tue, 20 Mar 2007 07:56:24 EST
Apartment association alerts members to take advantage of rapidly improving market by catering to immigrant and echo boomer markets, building multi-use projects, building green and, while unspoken, maybe a little lobbying thrown in.
Housing Market Shaky Not Plummeting
Wed, 21 Mar 2007 12:45:59 EST
There were minimal changes in housing starts, building permits and builder confidence indicating a shaky but not plummeting housing market.
Mortgage Rates Flatten As Does Application Activity
Thu, 22 Mar 2007 09:28:59 EST
Weekly Mortgage Survey
Study Assesses Possible Risks and Impacts of Mortgage Resets
Mon, 26 Mar 2007 08:46:25 EST
Reset shock will be painful but not fatal to the economy and might be partially averted if home prices start back up the charts.
February New and Existing Home Sales Take Different Tracks
Tue, 27 Mar 2007 08:53:38 EST
Good news Friday on existing home sales was quickly followed by sagging new home figures.
Mortgage Applications and Rates See Little Change
Wed, 28 Mar 2007 09:29:51 EST
Weekly Mortgage Survey
Subprime Situation Stabilizes - For Now
Thu, 29 Mar 2007 08:49:26 EST
The subprime debacle is correcting a bit but looks like it will be with us for a while, especially with newest Case-Shiller housing price info.
Cyberhomes.com is Latest Competition for Zillow
Fri, 30 Mar 2007 10:54:24 EST
New home valuation and real estate sites keep coming on line. They seem to share many of the same attributes and problems.
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