st paul: FHA Loans record - 10/21/08 01:25 PM
Here are some interesting figures about FHA loan programs in 2008.
FHA received 2,008,157 single-family loan applications. That's up 161.2 percent over the 768,770 applications received in fiscal 2007.
More than 90 percent of applications were for existing home purchases or refinances. 977,550 borrowers applied to purchase homes 885,972 borrowers applied to refinance (0 comments)
st paul: Minneapolis - Have we hit the bottom? - 10/01/08 04:22 PM
A friend who lives in Phoenix sent me this snippet from her local business news.
"A new study shows the Phoenix area continues to be one of the hardest-hit housing markets in the nation.
The Standard & Poor's/Case-Shiller 20-city housing index fell a record 16.3 percent in July from a year (1 comments)
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