fha loan infromation - 08/24/09 07:41 AM
FHA Insures $37bn of Mortgages in July
By AUSTIN KILGORE August 21, 2009 3:14 PM CST
[Update 1: Includes statements by FHA commissioner David Stevens]
The Federal Housing Administration (FHA) insured 197,613 mortgages worth $37bn in July, including $18.4bn for purchase mortgages and $15.6bn for refinance transactions.
The FHA, which insures lenders against loss in the event of borrower default, reported more than 108,000 mortgages were endorsed, or insured, in the second half of July, an increase of 11.4% from the first half of the month.
More than 55% - almost 60,000 mortgages -were for purchases, and almost 79% … (0 comments)

deliquency mortgage numbers - 08/18/09 07:26 AM
Delinquencies Rise at a Slower Rate, Says TransUnion
By AUSTIN KILGORE August 17, 2009 9:16 AM CST
 
The rate of mortgage borrowers 60 or more days late increased for the 10th straight quarter and is at an all-time high of 5.81% in Q209, according to market research by credit bureau TransUnion.
The rate of delinquencies is up 11.3% from Q109's rate, according to TransUnion's study of a random selection of 27m credit files from its national consumer database. The increase is lower, however, than the 16% increase between Q408 and Q109.
Mortgage delinquencies are up 65% year over year, … (0 comments)

refinacing and payment drops info from fredie mac - 08/09/09 12:29 PM
For Immediate Release
July 30, 2009 Contact: corprel@freddiemac.com or (703) 903-3933
 
REFINANCES IN SECOND QUARTER REDUCE MORTGAGE PAYMENTS BY $3.4 BILLION IN COMING YEAR
Cashout Refinancing At Lowest Share Since Third Quarter 2003
 
McLean, VA - In the second quarter of 2009, half of borrowers who refinanced their loan lowered their annual mortgage interest rate by at least 20 percent according to Freddie Mac's quarterly Refinance Report. The new interest rate was about 1.25 percentage points below the old rate. In aggregate the interest-rate reduction adds up to about $3.4 billion in payment savings for these homeowners over the … (0 comments)

makert stats thru july 2009 - 08/07/09 05:58 AM
here are the market numbers for the first seven months. market stabilization i believe is what they show. the rental market continues to be the best performer in the market so far this year.

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market update at glance commnetary - 08/07/09 05:54 AM
MARKET UP DATE AT GLANCE COMMENTARY THRU JULY 31ST 2009
 
I'LL BEGIN THIS MONTH WITH THE SAME COMMENT FROM LAST MONTH REVIEW MEASURED OPTIMISM SEEMS TO BE THE BEST WAY TO DESCRIBE THE WAY THE REAL ESTATE MARKET IS BEHAVING IN 2009.
WHEN YOU LOOK AT THE NUMBERS THE THING that JUMPS OUT AT YOU IS A 25% INCREASE IN THE NUMBER OF PENDING SALES YEAR TO YEAR (DOWN FROM A 41%INCREASE LAST MONTH), WHICH IF YOU WANTED, YOU COULD SHOUT ABOUT THE INCREASE, YET WHEN YOU NOTE THAT LAST YEAR AT THIS TIME THE BUYERS WITHDREW FROM THE … (0 comments)