 |
| 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% |
|
|
|
|
 |
Free Subscription To News Alerts
Stay up to date on breaking news with our free News
Alert Service. |
|
|
MAY 2007 MORTGAGE NEWS
GAO To Look At Foreclosure Incidence and Causes After Hearings
Tue, 1 May 2007 13:22:42 EST
House committee heads request major GAO study after hearing testimony of GSE and HUD officials on foreclosure causes, solutions.
Mortgage Rates Inch Downward
Wed, 2 May 2007 09:22:22 EST
Weekly Mortgage Survey
Subprime Market Mess Update
Thu, 3 May 2007 11:41:21 EST
Responses, reactions, and effects of subprime problems are generating news on federal, state, and corporate levels.
Drop In Investment Purchases Offsets Vacation Property Sales Gains
Fri, 4 May 2007 06:11:05 EST
Second home buyers continue to gobble up properties - sometimes in multiples - while investment buyers pull back but still hold a healthy market share.
NHMC and NAA Sue HUD over Language Requirements
Mon, 7 May 2007 13:22:41 EST
Multi-family industry calls on HUD to reverse guidance on language assistance for non-English speaking tenants.
Home Equity Still Being Pulled Despite Soft Housing Market
Tue, 8 May 2007 11:40:01 EST
Freddie Mac reports that Americans continue to pull equity out of their homes but that billions in ARMS with upcoming rate resets have been refinanced.
Mortgage Rates and Applications Remain Relatively Flat
Wed, 9 May 2007 11:42:16 EST
Weekly Mortgage Survey
Freddie Mac Housing Forecast Sees Slow Recovery
Thu, 10 May 2007 08:19:52 EST
Freddie Mac May forecast predicts residual effects of housing slowdown well into next year but enough owner equity still exists to avoid a consumer swoon.
One Persons Stigma Could Be Anothers Selling Point
Fri, 11 May 2007 08:30:37 EST
If you own or represent a property with bad karma, honesty will be the best policy no matter what your management says.
Is Virtual Real Estate More Than An Oxymoron?
Tue, 15 May 2007 08:13:21 EST
If you do not have enough to occupy you in this life you can create a whole new dimension which includes an alter ego, new currency, even the opportunity to buy and sell virtual goods, services, and, believe it or not, real estate.
Mortgage Rates Remain Relatively Stable, Again
Wed, 16 May 2007 11:17:49 EST
Weekly Mortgage Survey
Second Life Businesses Can Rake In Some Surprising Profits and Participants
Wed, 16 May 2007 11:37:32 EST
Second Life has a real economy and a bustling real estate market. Many people are finding a way to make a living in it and others are located there to promote their reality-based businesses.
NAR Counterpunches After 60 Minute Segment on Discount Agents
Wed, 16 May 2007 13:25:06 EST
The National Association of Realtors did not hesitate to respond to the Leslie Stahl 60 Minutes report on discount real estate companies. As usual both sides have their points but the television segment did seem to have an agenda.
Home Builder Confidence Is Down And Permitting Appears To Reflect It
Tue, 22 May 2007 10:23:19 EST
New residential permits hit ten-year low and builder confidence returns to the recent lows of last fall. NAHB predicts a long, slow recovery.
Virgin Acquires Majority Stake In Family-Centered Mortgage Company
Wed, 23 May 2007 09:57:15 EST
Sir Richard Branson and his Virgin company have entered the U.S. mortgage market. He has chosen a small niche but never sell the man short.
Mortgage Rates Move Up On Inflation Worries
Thu, 24 May 2007 08:04:39 EST
Weekly Mortgage Survey
New Home Sales Jump In April
Thu, 24 May 2007 09:02:22 EST
April new home sales show substantial improvement over every month thus far this year. Prices, however, were down.
Existing Home Sales Were Down 2.6 Percent In April
Fri, 25 May 2007 10:22:43 EST
Volume and prices of existing home purchases like those of new homes declined in April, perhaps reflecting tightened credit in wake of subprime woes.
Redfin Forced To Shut Down House Reviews While CBS and NAR Fight On
Tue, 29 May 2007 12:17:14 EST
Local MLS shuts down Redfin house review feature but other sites are still sponsoring them. In the meantime the CBS/NAR squabble goes a few more rounds.
Mortgage Rates Surge While Applications and Refinancing Weak
Wed, 30 May 2007 13:07:49 EST
Weekly Mortgage Survey- Week Ending May 24, 2007
Buying Virtual Real Estate Is Neither Easy Or Cheap
Thu, 31 May 2007 12:14:46 EST
As the Second Life real estate market grows, at least one mogul has emerged and one major real estate corporation has staked its claim in the virtual world.
|
|
|
|
