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Each month AR runs numerous contests as a way for our members to engage in activities
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These state pages or hyper-local pages provide content directly related to a specific geographical location.
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What's Ahead For Mortgage Rates This Week : March 28, 2011 - 03/28/11 09:06 AM
What's Ahead For Mortgage Rates This Week : March 28, 2011 Mortgage markets worsened last week as nuclear meltdown concerns eased across Japan, and the war within Libya moved closer to a potential finish. Wall Street voted with its dollars, and a return to risk-taking emerged. "Safe haven" buying softened last week and, as a result, conforming mortgage rates in Michigan made their biggest 1-week spike since late-January. Mortgage rates remain historically low, but well above their November 2010 lows. This week, rates could run higher again. Friday's jobs report is a major story and it will affect mortgage rates in (0 comments)
What's Ahead For Mortgage Rates This Week : March 21, 2011 - 03/21/11 09:06 AM
What's Ahead For Mortgage Rates This Week : March 21, 2011 Mortgage markets improved again last week despite an inflation-acknowledging statement from the FOMC and stronger-than-expected jobless data. Usually, events like this would lead mortgage rates higher, but violence in the Middle East and worsening fear for public safety in Japan took center stage instead, spurring a massive, global flight-to-quality instead. Rate shoppers in East lansing benefited. As safe haven buying increased last week, conforming mortgage rates dropped, falling to their lowest levels since January. It marked the 5th straight week through which mortgage rates improved and is the longest such streak since (0 comments)
What's Ahead For Mortgage Rates This Week : March 14, 2011 - 03/14/11 09:05 AM
What's Ahead For Mortgage Rates This Week : March 14, 2011 Mortgage markets improved last week in a week of few economic releases. The one major data point - Retail Sales - showed stronger-than-expected, but markets reacted mildly. The report's strength was whispered in advance of the actual release; its reading validated Wall Street's growing faith in the U.S. economy. Most action last week revolved around the Middle East: Libya's internal turmoil continued Bahrain clashes intensified Saudi Arabia's citizens planned a Day of Rage In response to these events, Wall Street continued its flight-to-quality. Mortgage-backed bonds are now at their best (1 comments)
Military Personnel Can Still Claim The $8,000 Homebuyer Tax Credit - 03/07/11 09:03 AM
Military Personnel Can Still Claim The $8,000 Homebuyer Tax Credit For certain members of the military, and for certain federal employees, there's just 2 months remaining to get use the federal home buyer tax credit. Eligible persons include members of the uniformed services, members of the Foreign Service, and intelligence community employees who served at least 90 days of qualified, extended duty service outside of the United States between January 1, 2009 and April 30, 2010. Spouses of persons meeting the above criteria are eligible as well. The federal home buyer tax credit ranges up to $8,000 for first-time home buyers, (0 comments)
FHA : Monthly Mortgage Insurance Premiums To Rise April 18, 2011 - 03/04/11 11:21 AM
FHA : Monthly Mortgage Insurance Premiums To Rise April 18, 2011 For the third time in 12 months, the FHA is changing its mortgage insurance costs. Effective for all FHA case numbers assigned on, or after, April 18, 2011, annual mortgage insurance premiums (MIP) will increase 25 basis points. The change will add $250 to an FHA-insured homeowner's annual loan costs per $100,000 borrowed, and applies to all borrower's equally. Current FHA borrowers are unaffected. To understand the FHA is to understand why premiums are rising. As an institution, the Federal Housing Administration plays a much larger role in the U.S. (1 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.