Wed, Jun 21 2006, 7:00 AM
In spite of the Dog Days of Summer, mortgage activity held up fairly
well for the week ended June16, down only a tiny bit from that reported for
the p...
Tue, Jun 20 2006, 7:00 AM
You have probably seen an ad in a current series being run on behalf of
the Century 21 franchise. The series is promoting how hard their agents
work f...
Mon, Jun 19 2006, 7:00 AM
A study released last week by Global Insight and National City
Corporation titled House Prices in America concludes that in 71
metropolitan areas re...
Fri, Jun 16 2006, 7:00 AM
Hedge funds have been a big buzzword over the last decade as investors
seek to "hedge their bets" in financial markets.
The Chicago Mercantile Exc...
Thu, Jun 15 2006, 7:00 AM
Remember Franklin Raines? In December 2004 he and Timothy Howard were
very much in the news as they "retired" or "resigned" or were fired,
depending o...
Wed, Jun 14 2006, 7:00 AM
Borrowers caught a bit of a break during the weeks ended June 7 and 8.
Freddie Mac, in its Weekly Primary Mortgage Survey reported that average
mortg...
Tue, Jun 13 2006, 7:00 AM
Freddie Mac's monthly Economic Outlook for June was released last week.
In what has become a mantra, the corporations Office of the Chief
Economist, q...
Thu, Jun 8 2006, 7:00 AM
The problem with the majority of real estate surveys and reports is that
they are by definition lagging indicators. So while some "experts" are
predic...
Wed, Jun 7 2006, 7:00 AM
Rising inflation fears led to an increase in mortgage
rates across the board according to Freddie Mac's Weekly Primary
Mortgage Market Survey for th...
Tue, Jun 6 2006, 7:00 AM
So, assuming that John Talbott in his book Sell Now! has
established his case for an actual and vulnerable real estate
bubble and regardless of hi...
Fri, Jun 2 2006, 7:00 AM
One of the most vocal proponents of the Chicken Little philosophy of
real estate is John R. Talbott, who in 2003 wrote the best selling book
The Comi...
Wed, May 31 2006, 7:00 AM
Fixed rate mortgages continued to creep up during the week ended May 25
while there was a slight easing of adjustable rate products according to
the W...
Tue, May 30 2006, 7:00 AM
Maybe Fannie Mae's nightmare is over. Sort of.
According to independent and joint press releases from the Securities
and Exchange Commission (SEC) ...
Fri, May 26 2006, 7:00 AM
T'was the best of times, t'was the worst of times.
It all depends on who you ask and when you ask them.
Two more housing surveys were released t...
Wed, May 24 2006, 7:00 AM
Mortgage rates edged up a bit during the week ended May
18 according to the Weekly Primary Mortgage Survey conducted by Freddie
Mac.
The 30-year f...
Tue, May 23 2006, 7:00 AM
The Federal Reserve in the persons of both its recently retired
long-time chairman Alan Greenspan and his newly minted replacement Ben
Bernanke have a...
Mon, May 22 2006, 7:00 AM
Further evidence that the real estate boom is
moderating came from the National Association of Realtors last week.
Quarterly figures on existing ...
Fri, May 19 2006, 7:00 AM
It does appear that the housing bubble is, if not
bursting, at least no longer expanding. For the second month in a row data
from the U.S. Census Bu...
Wed, May 17 2006, 7:00 AM
Mortgage rates were mixed for the weeks ending May 11
and May 12 according to data released in the last few days by Freddie Mac
and the Mortgage Bank...
Tue, May 16 2006, 7:00 AM
Thu, May 11 2006, 7:00 AM
Freddie Mac has joined with 14 other major financial organizations
including some of the nation's largest mortgage originating and servicing
companies...
Wed, May 10 2006, 7:00 AM
Mortgage rates barely moved during the past week
according to Freddie Mac reporting for the period ending May 4 and the
Mortgage Bankers Association ...
Tue, May 9 2006, 7:00 AM
Google, Yahoo, MSN, and the other major players in the search industry
have certainly taken notice of the arrival of vertical search and have made
it ...
Wed, May 3 2006, 7:00 AM
Fixed mortgage rates increased for the fifth straight
week according to Freddie Mac's Weekly Primary Mortgage Market Survey for
the week ended April...
Fri, Apr 28 2006, 7:00 AM
Information on March figures for both existing and new house sales were
released this week and figures show a moderate slowing from similar data
one y...
Wed, Apr 26 2006, 7:00 AM
Mortgage rates were mixed for the weeks ending April 20
(Freddie Mac) and April 21 (The Mortgage Bankers Association.) Freddie
reported all rates up ...
Tue, Apr 25 2006, 7:00 AM
Just our opinion, but spiraling gas prices may present an abundance of
unintended consequences when it comes to the housing market. Some of these
repe...
Mon, Apr 24 2006, 7:00 AM
While the stock market at least temporarily felt that Freddie
Mac had closed the doors on some serious legal issues last week,
it cost the giant mor...
Thu, Apr 20 2006, 7:00 AM
Two reports on new residential construction came out on
Tuesday - one of which showed a slowing in new home construction and the
other revealing a g...
Wed, Apr 19 2006, 7:00 AM
Mortgage interest rates hit another recent high water
mark during the week ended April 13 and 14 according to both Freddie Mac
and the Mortgage Banke...
Tue, Apr 18 2006, 7:00 AM
Fri, Apr 14 2006, 7:00 AM
The news last month was full of awful pictures of the tornado damage
that occurred throughout Missouri and Illinois. Along with the continuing
debacle...
Wed, Apr 12 2006, 7:00 AM
Mortgage rates were up for the week ended April 6th and
7th according to the weekly surveys released by Freddie Mac and the
Mortgage Bankers Associat...
Tue, Apr 11 2006, 7:00 AM
The central issue addressed by the April 2006 Economic
Outlook issued by Freddie Mac on Monday is the conflict created
between the strength of the e...
Mon, Apr 10 2006, 7:00 AM
Although we do not have the time to respond to all of the hundreds of
remarks left in the comments section of this site, we do read each and
every com...
Wed, Apr 5 2006, 7:00 AM
Seems strange that a vacuum, a refrigerator, bicycle, even a 4 inch
house plant from Home Depot, comes with a manual or at least a set of
instructions...
Wed, Apr 5 2006, 7:00 AM
Mortgage rates for the weeks ended March 30 and March
31 were up slightly for fixed rate mortgages, with adjustable rates
increasing a bit more aggre...
Mon, Apr 3 2006, 7:00 AM
There is so much conflicting information out there about " The
Bubble. " Does it exist? Will it leak? Will it burst? The money men
are busy analyzing ...
Thu, Mar 30 2006, 7:00 AM
Fannie Mae's Weekly Primary Mortgage Market Survey for the week ended
March 23 indicated that the average rates for mortgages closed that week
were as...
Mon, Mar 27 2006, 7:00 AM
The housing market threw the world another curve on Thursday. After five
straight months of declining sales of existing homes, a sixth dreary month
wa...
Fri, Mar 24 2006, 7:00 AM
The National Association of Realtors recently released an interesting
report about the sale of second homes in the United
States. While the survey i...
Wed, Mar 22 2006, 7:00 AM
Most interest rates continued their recent pattern of two steps up -one
step back during the week ending March 16 (Freddie Mac) and March 17
(Mortgage...
Mon, Mar 20 2006, 7:00 AM
It is hard to be sympathetic to someone who cannot, as the saying goes,
get out of their own way. But Fannie Mae is beginning to seem like the
hapless...
Thu, Mar 16 2006, 7:00 AM
...So, now that we are comfortable with what constitutes a score, what
our own scores are, and how that indicates that we stack up, it is all
going to...
Wed, Mar 15 2006, 7:00 AM
After months of apparent indecisiveness, mortgages
rates seem to have decided on a direction and are heading toward
it.
Unfortunately that direct...
Mon, Mar 13 2006, 7:00 AM
When the Supreme Court, in June 2005, upheld a lower court's decision
allowing the City of New London, Connecticut to proceed in seizing property
from...
Fri, Mar 10 2006, 8:00 AM
The long awaited independent accounting report on Fannie
Mae was released late last month, and while it sort of absolves
Franklin Raines, former Cha...
Wed, Mar 8 2006, 8:00 AM
According to Freddie Mac, mortgage rates moved only
slightly during the week ended March 2 and what little movement there was
served only to narrow ...
Fri, Mar 3 2006, 8:00 AM
Last week was a big week for news about the housing
bubble and the quarterly House Price Index (HPI) report of the
Office of Federal Housing Enterpr...
