Register or Sign in        Email This Page     Link To This Page    
Visit MND at MBA in NYC!
127,006
# of Subscribers
Select a Date
Use the calendar to view news headlines from a specific date.
Today  |  Yesterday  |  Random
Bottom Right Default
State Name: New Jersey
State Name underscore: New_Jersey
State Name dash: New-Jersey
State Name lower underscore: new_jersey
State Name lower dash: new-jersey
State Name lower: new jersey
State Abbreviation: NJ
State Abbreviation Lower: nj
Suggest a Story
Paste the URL of the story below to submit for editorial review and possible inclusion in ATW.
Please add 6 and 1 and type the answer here:
Leave this field blank.
What is Around the Web?
It is a continuously updated stream of news from around the web
Visit throughout the day for the latest breaking news.
» Click any link below to read more.
  • Fri, Apr 24 2015
  • 5:04 PM » This will be a good year for housing: Economist
    Published Fri, Apr 24 2015 5:04 PM by CNBC
    The real estate market has been constrained by tight supply and tight credit, but one economist says this is why it will be a good year.
  • 2:43 PM » HUD Puts In New Protections For Struggling Homeowners
    Published Fri, Apr 24 2015 2:43 PM by WSJ
    The U.S. Department of Housing and Urban Development on Friday said that it would make a number of changes to its program of selling delinquent mortgages to investors and nonprofits, putting in protections to attempt to prevent foreclosures and help nonprofits buy more of their loans.
  • 1:42 PM » Pimco's Kiesel Sees Bubble in $3 Trillion of Negative-Yield Debt
    Published Fri, Apr 24 2015 1:42 PM by Bloomberg
    Pimco's Kiesel Sees Bubble in $3 Trillion of Negative-Yield Debt Bloomberg Forget high-yield bonds. The real froth in markets can be found in the swelling pool of negative-yielding government debt from Europe to Japan. That's according to Mark Kiesel, chief investment officer for global credit at Pacific Investment Management Co., ...
  • 1:42 PM » Home Prices Are Climbing Faster and Faster, but This Is Not a Bubble
    Published Fri, Apr 24 2015 1:42 PM by www.realtor.com
    Despite the accelerating home-price increases, our chief economist Jonathan Smoke explains why we're not seeing a real estate bubble. The post Home Prices Are Climbing Faster and Faster, but This Is Not a Bubble appeared first on Real Estate News .
    Click Here to Read the Full Article

    Source: www.realtor.com
  • 12:01 PM » Consumers are spending again — but they've gotten smarter about it
    Published Fri, Apr 24 2015 12:01 PM by Washington Post
    As retailers continue to see only modest sales growth even as gas prices have fallen, the conventional wisdom has been this: Consumers are still cautious in the wake of a bruising recession, and they're just not ready to open their wallets yet.Read full article >>
    Click Here to Read the Full Article

    Source: Washington Post
  • 10:35 AM » Black Knight: Mortgage Delinquencies Declined in March, First time below 5% since August 2007
    Published Fri, Apr 24 2015 10:35 AM by Calculated Risk Blog
    According to Black Knight's First Look report for March, the percent of loans delinquent decreased 12% in March compared to February, and declined 15% year-over-year. The percent of loans in the foreclosure process declined 2% in March and were down about 27% over the last year. Black Knight reported the U.S. mortgage delinquency rate (loans 30 or more days past due, but not in foreclosure) was 4.70% in March, down from 5.36% in February.  This is the lowest level of delinquencies since August 2007. The percent of loans in the foreclosure process declined in March to 1.55%.  This was the lowest level of foreclosure inventory since December 2007. The number of delinquent properties, but not in foreclosure, is down 390,000 properties year-over-year, and the number of properties in the foreclosure process is down 288,000 properties year-over-year. Black Knight will release the complete mortgage monitor for March in early May. Black Knight: Percent Loans Delinquent and in Foreclosure Process   Mar 2015 Feb 2015 Mar 2014 Mar 2013 Delinquent 4.70% 5.36% 5.52% 6.59% In Foreclosure 1.55% 1.58% 2.13% 3.38% Number of properties: Number of properties that are 30 or more, and less than 90 days past due, but not in foreclosure: 1,409,000 1,646,000 1,571,000 1,842,000 Number of properties that are 90 or more days delinquent, but not in foreclosure: 971,000 1,067,000 1,199,000 1,466,000 Number of properties in foreclosure pre-sale inventory: 782,000 800,000 1,070,000 1,689,000 Total Properties 3,162,000 3,512,000 3,840,000 4,997,000
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 10:34 AM » HUD to Delay Foreclosures in Loan-Sale Changes to Aid Homeowners
    Published Fri, Apr 24 2015 10:34 AM by Bloomberg
    HUD to Delay Foreclosures in Loan-Sale Changes to Aid Homeowners Bloomberg The U.S. Department of Housing and Urban Development will revise its auctions of nonperforming mortgages to address concerns that the sales aren't doing enough to help homeowners in communities hurt by foreclosures. After winning a bid, buyers will be ...
  • 8:44 AM » Merrill Lynch forecasting 1.5% GDP in Q1
    Published Fri, Apr 24 2015 8:44 AM by Calculated Risk Blog
    From Merrill Lynch: We are forecasting GDP growth of 1.5% in 1Q, suggesting the economy hit a soft patch at the start of the year. Business investment looks particularly weak with a likely decline in nonresidential structures investment, as suggested by the monthly Census data, and sluggish growth in equipment investment. We also look for the trade deficit to widen, reflecting the stronger dollar and weaker growth abroad. There is room for surprise with both the investment and trade figures, however. Most importantly, the BEA does not have estimates yet from the Census Bureau on March trade and construction spending, creating room for interpretation from the BEA. Moreover, the port shutdown on the West Coast disrupted activity, adding additional uncertainty for both trade flows and business investment. Elsewhere, we look for consumer spending to increase 2.0% in 1Q. Both auto sales and core control retail sales improved through the quarter after the slow start. We also expect services spending to look stronger, owing in part to greater spending on utilities given the winter weather. Residential investment is likely to be little changed as a decline in housing starts offsets a pickup in existing home sales. It is important to remember that there is scope for error in forecasting the first release of GDP since the BEA does not have complete data for the month. Indeed, it is not unusual for the first release of GDP to miss the consensus forecast by a full percentage point in either direction. We would argue that there is additional uncertainty this quarter given the potential drag from the harsh winter weather and port shutdown in February. The Atlanta Fed is forecasting : The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the first quarter of 2015 was 0.1 percent on April 16, down from 0.2 percent on April 14. Ouch.
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 8:41 AM » US business investment falls for 7th straight month
    Published Fri, Apr 24 2015 8:41 AM by CNBC
    Business investment spending plans fell, suggesting the economy could struggle to rebound from a soft patch.
  • Thu, Apr 23 2015
  • 11:57 PM » Justice Department's ECOA report describes joint CFPB activity
    Published Thu, Apr 23 2015 11:57 PM by www.cfpbmonitor.com
    Barbara S. Mishkin The U.S. Department of Justice recently issued the Attorney General's 2014 Annual Report to Congress Pursuant to the Equal Credit Opportunity Act Amendments of 1976. The report discusses the DOJ’s 2014 ECOA enforcement activities as well as what the report describes as the DOJ's “lending work” under the Fair Housing Act and the Servicemembers Civil... More >
    Click Here to Read the Full Article

    Source: www.cfpbmonitor.com
  • 11:49 PM » Freddie Mac: 30 Year Mortgage Rates decrease to 3.65% in Latest Weekly Survey
    Published Thu, Apr 23 2015 11:49 PM by Calculated Risk Blog
    From Freddie Mac today: Mortgage Rates Move Down Slightly Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving down slightly this week and remaining near their 2015 lows as the spring homebuying season continues. ... 30-year fixed-rate mortgage (FRM) averaged 3.65 percent with an average 0.6 point for the week ending April 23, 2015, down from last week when it averaged 3.67 percent. A year ago at this time, the 30-year FRM averaged 4.33 percent. 15-year FRM this week averaged 2.92 percent with an average 0.6 point, down from last week when it averaged 2.94 percent. A year ago at this time, the 15-year FRM averaged 3.39 percent. Click on graph for larger image. This graph shows the 30 year and 15 year fixed rate mortgage interest rates from the Freddie Mac Primary Mortgage Market Survey®.   30 year mortgage rates are up a little (30 bps) from the all time low of 3.35% in late 2012, but down from 4.33% a year ago.  The Freddie Mac survey started in 1971. Mortgage rates were below 5% back in the 1950s. The PMMS is a weekly survey. Here is an update on daily rates from Matthew Graham at Mortgage News Daily: Mortgage Rates Hold Ground at Recent Highs Freddie collects data for the Survey from Monday through Wednesday, but most of the responses have been received by Tuesday. This week, that meant that most of the respondents had not yet seen the steep losses on Wednesday. Naturally then, Freddie's numbers suggest rates are lower than they actually are by the time people read about them on Thursday morning. Rates are, in fact, markedly higher than last week's. Whereas most top tier scenarios were being quoted 3.625% for conventional 30yr fixed loans last week, 3.75% is more prevalent today
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 11:49 PM » Real Estate Rally Breathing Life Into Commercial Mortgage Bonds
    Published Thu, Apr 23 2015 11:49 PM by Bloomberg
    Bloomberg Real Estate Rally Breathing Life Into Commercial Mortgage Bonds Bloomberg Bank of America's notes are secured by a loan refinancing The Squaire, the Frankfurt office and hotel complex so large it boasts its own postal code, which is owned by IVG Immobilien AG. Photographer: Roland Horn/The Squaire via bloomberg EDITOR'S ...
  • 4:20 PM » More Builder Results
    Published Thu, Apr 23 2015 4:20 PM by Calculated Risk Blog
    From housing economist Tom Lawler: PulteGroup reported that net home orders in the quarter ended March 31, 2015 totaled 5,139, up 5.7% from the comparable quarter of 2014. The average net order price last quarter was $332,400, up 0.5% from a year ago. Home deliveries last quarter totaled 3,365, down 2.1% from the comparable quarter of 2014, at an average sales price of $323,000, up 1.9% from a year ago. The company's order backlog at the end of March was 7,624, up 5.9% from last March. Pulte's net home building margin was 22.7%, compared to 23.8% a year ago. Meritage Homes reported that net home orders in the quarter ended March 31, 2015 totaled 1,979, up 29.8% from the comparable quarter of 2014. The average net order price last quarter was $396,000, up 8.8% from a year ago. Home deliveries totaled 1,335, up 20.4% from the comparable quarter of 2014, at an average sales price of $387,000, up 5.7% from a year ago. The company's order backlog at the end of March was 2,758k up 22.0% from last quarter. The company's gross home building margin last quarter was 18.5%, down from 22.5% a year ago. M/I Homes reported that net home orders in the quarter ended March 31, 2015 totaled 1,108, up 12.8% from the comparable quarter of 2014. Home deliveries last quarter totaled 717, down 2.0% from the comparable quarter of 2014, at an average sales price of $325,000, up 8.7% from a year ago. The company's order backlog at the end of March was 1,613, up 5.8% from last March, at an average order price of $358,000, up 9.8% from a year ago. The company's gross home building margin last quarter was 21.7%, unchanged from a year ago. The general theme of builder reports so far compared to a year ago are (1) significantly stronger growth in net orders; (2) substantially lower increases in sales prices (with the exception of M/I Homes); and (3) lower gross margins (with the exception of M/I Homes). Here are some summary stats.   Net Orders Settlements Average...
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 4:20 PM » Quicken sued over FHA-insured loans
    Published Thu, Apr 23 2015 4:20 PM by Market Watch
    The U.S. Department of Justice on Thursday sued Quicken Loans Inc., alleging the mortgage lender lied to the government when making loans backed by the Federal Housing Administration.
  • 2:38 PM » Lynch to Keep Pressure on Banks Facing Mortgage Probes
    Published Thu, Apr 23 2015 2:38 PM by Bloomberg
    Bloomberg Lynch to Keep Pressure on Banks Facing Mortgage Probes Bloomberg Loretta Lynch, Brooklyn prosecutor and nominee to replace U.S. Attorney General Eric Holder, listens during a Senate Judiciary Committee nomination hearing in Washington, D.C., on Jan. 28, 2015. Photographer: Andrew Harrer/Bloomberg ...
  • 2:38 PM » AT&T Said to Plan $17.5 Billion Bond Deal for DirecTV Takeover
    Published Thu, Apr 23 2015 2:38 PM by Bloomberg
    AT&T Said to Plan $17.5 Billion Bond Deal for DirecTV Takeover Bloomberg AT&T Inc. is planning to sell $17.5 billion in bonds to finance its purchase of DirecTV, in what's shaping up to be the third-biggest corporate debt offering on record. The deal got about $65 billion of orders as yield-starved investors swarmed what may be the ... and more »
  • 2:03 PM » 'Stale' homes are tightening up the housing market
    Published Thu, Apr 23 2015 2:03 PM by CNBC
    Homes that have languished on the market for more than a month with no buyer interest are hurting the spring housing market.
  • 1:51 PM » House passes bill to cut CFPB funding; White House threatens veto
    Published Thu, Apr 23 2015 1:51 PM by www.cfpbmonitor.com
    Barbara S. Mishkin Yesterday, the House of Representatives, by a vote of 235-183, passed H.R. 1195, titled the “Bureau of Consumer Financial Protection Advisory Boards Act.” As originally proposed, the bill would codify the CFPB’s existing advisory councils for community banks and credit unions (and rename them “advisory boards”) and establish a new Small Business Advisory Board. According... More >
    Click Here to Read the Full Article

    Source: www.cfpbmonitor.com
  • 1:48 PM » Radian Adds Unemployment Insurance to Coax Would-Be Homebuyers
    Published Thu, Apr 23 2015 1:48 PM by Bloomberg
    Radian Adds Unemployment Insurance to Coax Would-Be Homebuyers Bloomberg Radian Group Inc. will broaden some mortgage-insurance policies to provide relief when borrowers lose their jobs, in a bid to stoke demand among homebuyers pressured by government fees and tight access to credit. The insurer will give the coverage to ...
  • 11:47 AM » Housing Recovery Slow and Steady in 2015, Will Pick Up Pace Next Year
    Published Thu, Apr 23 2015 11:47 AM by NAHB
    Press Release
  • 11:47 AM » PulteGroup Falls After Builder's Earnings Miss Estimates
    Published Thu, Apr 23 2015 11:47 AM by Bloomberg
    PulteGroup Falls After Builder's Earnings Miss Estimates Bloomberg PulteGroup Inc., the third-largest U.S. homebuilder, slid the most in almost two years after reporting profit that missed analyst estimates. First-quarter net income fell to $55 million, or 15 cents a share, from $74.8 million, or 19 cents, a year earlier, the ...
  • 10:23 AM » Freddie Mac Primary Mortgage Market Survey
    Published Thu, Apr 23 2015 10:23 AM by freddiemac.mwnewsroom.com
    Mortgage Rates Move Down Slightly
    Click Here to Read the Full Article

    Source: freddiemac.mwnewsroom.com
  • 10:23 AM » U.S. new home sales tumble after months of strong gains
    Published Thu, Apr 23 2015 10:23 AM by Reuters
    WASHINGTON, April 23 (Reuters) - - New U.S. single-family home sales in March recorded their biggest drop in more than 1-1/2 years, snapping three straight months of hefty gains, in a temporary setback for the housing market.
  • 9:49 AM » CFPB praises FICO announcement on credit score sharing
    Published Thu, Apr 23 2015 9:49 AM by www.cfpbmonitor.com
    Barbara S. Mishkin The CFPB has praised an announcement by FICO that it will make credit scores available to financially struggling consumers through nonprofit credit and financial counseling organizations as “a step in the right direction” that will allow “millions of consumers to receive the credit scores and credit reports that nonprofit credit counselors purchase on their behalf.” In its... More >
    Click Here to Read the Full Article

    Source: www.cfpbmonitor.com
  • 8:50 AM » Americans Again Say Real Estate Is Best Long-Term Investment
    Published Thu, Apr 23 2015 8:50 AM by www.gallup.com
    For the second straight year, more Americans say real estate is the best long-term investment over four other options, while stocks ranks No. 2. Gold, which held the top spot a few years ago, is now third.
    Click Here to Read the Full Article

    Source: www.gallup.com
  • 8:46 AM » Fed Should Make Bond Buys a Regular Policy Tool, A Boston Fed Paper Finds
    Published Thu, Apr 23 2015 8:46 AM by WSJ
    The Federal Reserve should consider keeping bond buys as a regular tool of monetary policy rather than return to a more conventional policy relying just on setting short-term rates, a newly-released paper from the Federal Reserve Bank of Boston says.
  • 8:37 AM » Applications for US unemployment benefits stayed low last week at 295K, signaling few layoffs
    Published Thu, Apr 23 2015 8:37 AM by CNBC
    WASHINGTON- Applications for US unemployment benefits stayed low last week at 295 K, signaling few layoffs.
  • Wed, Apr 22 2015
  • 10:53 PM » The American Dream is a myth, says Nobel-prize winner
    Published Wed, Apr 22 2015 10:53 PM by CNN
    It has become increasingly difficult for Americans to climb the economic ladder, says Joseph Stiglitz, a Nobel-prize winning economist.
  • 10:47 PM » China April flash HSBC PMI contracts to one-year low
    Published Wed, Apr 22 2015 10:47 PM by Reuters
    SHANGHAI (Reuters) - China's factory activity contracted at its fastest pace in a year in April, a private survey showed, suggesting that economic conditions are still deteriorating despite increasingly aggressive policy easing by the central bank.
  • 10:18 PM » Dollar Is Starting to Become a Downer in the Treasuries Market
    Published Wed, Apr 22 2015 10:18 PM by Bloomberg
    Dollar Is Starting to Become a Downer in the Treasuries Market Bloomberg The greenback is heading for its first losing month since June, according to the Bloomberg Dollar Spot Index. Why's that a problem for bonds? It threatens to curb demand from investors outside the U.S, who own about half of the securities in the biggest debt ...
  • 4:34 PM » D.R. Horton: Net Home Orders Up, Prices “Flattish;” Says If Prices are Low Enough, There is “Demand” from First-Time Buyers
    Published Wed, Apr 22 2015 4:34 PM by Calculated Risk Blog
    From housing economist Tom Lawler: D.R. Horton, the nation's largest home builder, reported that net home orders in the quarter ended March 31, 2015 totaled 11,135, up 29.9% from the comparable quarter of 2015. The average net order price last quarter was $284,400, up 2.0% from a year ago. Home deliveries totaled 8,243, up 33.1% from the comparable quarter of 2014, at an average sales price of $281,300, up 3.7% from a year ago. The company's order backlog at the end of March was 12,177, up 21.1% from last March, at an average order price of $293,500, up 4.6% from last March. Horton's home sales gross margin was 19.7% last quarter, down from 22.5% a year earlier but not too far from the company's previous "guidance." Here in a table showing the share of Horton's net orders and home closings for its three "brands:" Horton (traditional), Emerald (upscale), and Express (targeted at entry level). Horton Share of Home Orders/Closings by "Brand"   Net Orders Homes Closed Average Closing Price Qtr. Ended 3/31/2015 3/31/2014 3/31/2015 3/31/2014 3/31/2015 3/31/2014 Horton 79% 92% 85% 95% $288,800 $272,000 Express 18% 6% 13% 4% $179,100 $157,300 Emerald 3% 2% 2% 1% $561,000 $524,300 On "Express" Homes and first-time buyers, a company official said that it in the 44 markets (in 13 states) that Horton has Express communities (most being in Texas, the Carolinas, and Florida), there was plenty of demand from first-time buyers, mainly because of the price/"value proposition." Very few large builders have been building homes sized and priced for entry-level buyers, and it hasn't been clear if the reason was weak demand or many builders' inability to produce affordable homes at margins deemed high enough for the builder. Officials also said that they have yet to see any signs of weakness in its Texas markets, including Houston. There was a little confusion on the reason for the sharp slowdown in the...
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 4:33 PM » Are Entry-Level Homebuyers Really This Gung-Ho Yet?
    Published Wed, Apr 22 2015 4:33 PM by WSJ
    D.R. Horton sold roughly 2,000 of its entry-level Express brand homes in the first three months of 2015, or 18% of its total sales, according to the company's second quarter fiscal results released Wednesday. That's big, considering that D.R. Horton is the largest U.S. builder by unit sales.
  • 2:52 PM » Part-time 'slack' may be nearing its end as Fed debates hike
    Published Wed, Apr 22 2015 2:52 PM by Reuters
    WASHINGTON (Reuters) - U.S. part-time employment is fast-approaching levels common since the 1970s in a sign that a key part of labor market slack may be almost gone, giving the Fed one less reason to delay hiking interest rates frozen near zero for more than six years.
  • 2:51 PM » The Irresistible 2% U.S. Yield Whose Downside Appears Forgotten
    Published Wed, Apr 22 2015 2:51 PM by Bloomberg
    The Irresistible 2% U.S. Yield Whose Downside Appears Forgotten Bloomberg Who's afraid of locking up their money at yields of 2.6 percent for 30 years? Basically no one, or so it seems. Just take a look around the world. China bought $6.5 billion of longer-dated U.S. bonds in February, even as the nation reduced its overall holdings of ... and more »
  • 1:14 PM » D.R. Horton Falls as Lower-Priced Homes Seen Gaining
    Published Wed, Apr 22 2015 1:14 PM by Bloomberg
    D.R. Horton Falls as Lower-Priced Homes Seen Gaining Bloomberg D.R. Horton Inc., the largest U.S. homebuilder by revenue, fell the most three months after saying its entry-level Express Homes division may make up a greater share of sales, putting pressure on profit margins. Gross margin in the fiscal third quarter probably ... and more »
  • 1:14 PM » A Few Comments on March Existing Home Sales
    Published Wed, Apr 22 2015 1:14 PM by Calculated Risk Blog
    Inventory is still very low (but up 2.0% year-over-year in March). More inventory will probably mean smaller price increases and slightly higher sales, and less inventory means lower sales and somewhat larger price increases. This will be important to watch over the next few months during the Spring buying season.   Note: As usually happens, housing economist Tom Lawler's estimate was much closer than the consensus to the NAR reported sales rate. Also, the NAR reported total sales were up 10.4% from March 2014, however normal equity sales were up even more, and distressed sales down sharply.  From the NAR (from a survey that is far from perfect): Distressed sales-foreclosures and short sales-were 10 percent of sales in March, down from 11 percent in February and 14 percent a year ago. Seven percent of March sales were foreclosures and 3 percent were short sales. Foreclosures sold for an average discount of 16 percent below market value in March (17 percent in February), while short sales were also discounted 16 percent (15 percent in February). Last year in March the NAR reported that 14% of sales were distressed sales. A rough estimate: Sales in March 2014 were reported at 4.70 million SAAR with 14% distressed.  That gives 658 thousand distressed (annual rate), and 4.04 million equity / non-distressed.  In March 2015, sales were 5.19 million SAAR, with 10% distressed.  That gives 519 thousand distressed - a decline of about 21% from March 2014 - and 4.67 million equity.  Although this survey isn't perfect, this suggests distressed sales were down sharply - and normal sales up around 15%. The following graph shows existing home sales Not Seasonally Adjusted (NSA). Click on graph for larger image. Sales NSA in March (red column) were the highest for March since 2007 (NSA). Earlier: • Existing Home Sales in March: 5.19 million SAAR, Inventory up 2.0% Year-over-year
    Click Here to Read the Full Article

    Source: Calculated Risk Blog
  • 1:14 PM » If Resale Prices for Homes Are Running Hot, New-Home Prices Are on Fire
    Published Wed, Apr 22 2015 1:14 PM by WSJ
    Two different segments of the housing market are yielding two different price trends.
  • 12:17 PM » CFPB files amicus brief in Fifth Circuit TILA case
    Published Wed, Apr 22 2015 12:17 PM by www.cfpbmonitor.com
    Barbara S. Mishkin The CFPB has filed an amicus brief in Billings v. Propel Financial Services, LLC, a case on appeal to the U.S. Court of Appeals for the Fifth Circuit. The issue in the case is whether a private lender extends"consumer credit" under TILA by providing loans to consumers for the purpose of paying residential property taxes. The... More >
    Click Here to Read the Full Article

    Source: www.cfpbmonitor.com
  • 12:08 PM » The crazy world of negative rates: Banks pay your mortgage for you?
    Published Wed, Apr 22 2015 12:08 PM by CNN
    Up is down, black is white.
  • 10:15 AM » Boom! Existing home sales hit 18-month high
    Published Wed, Apr 22 2015 10:15 AM by CNBC
    U.S. homebuyers flooded back into the real estate market in March, pushing up sales and prices.
1 2 3 4 5 Next > ... Last »
Did you know?
You can see a list of all comments on MND by clicking the 'Read the Latest Comments' option under the 'Community' menu.
 

More From MND

Mortgage Rates:
  • 30 Yr FRM 3.71%
  • |
  • 15 Yr FRM 3.04%
  • |
  • Jumbo 30 Year Fixed 3.64%
MBS Prices:
  • 30YR FNMA 4.5 108-28 (-0-00)
  • |
  • 30YR FNMA 5.0 111-12 (0-02)
  • |
  • 30YR FNMA 5.5 113-04 (-0-01)
Recent Housing Data:
  • Mortgage Apps -2.33%
  • |
  • Refinance Index -1.76%
  • |
  • Purchase Index -3.07%