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Short sales surge in 2012, trend to continue in region
Posted to: Around The Web
Tuesday, March 19, 2013 1:38 AM

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Since the depths of the housing crisis, homeowners who owed more on their mortgage than their homes were worth had few options. That has begun to change. More homeowners are now turning to short sales, in which they sell their homes for less than what they owe in mortgage debt and the lender typically forgives the difference. Read full article >>

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Mortgage Rates:
  • 30 Yr FRM 3.68%
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  • 15 Yr FRM 2.84%
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MBS Prices:
  • 30YR FNMA 4.5 107-03 (-0-06)
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  • 30YR FNMA 5.0 107-29 (-0-04)
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  • 30YR FNMA 5.5 108-15 (-0-03)
Recent Housing Data:
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