Real estate blog entries tagged with mortgage trends

Blog entries tagged with "mortgage trends":

mortgage trends: Mortgage Rates Rise as Fed Hints of rate increase due to inflationary concerns - 06/12/08 04:05 PM

Inflation concerns are causing mortgage rates to rise again!
Interest rates tied to home loans took a turn for the worse after troubling comments from the Fed regarding inflation sent them to their highest levels since last fall, mortgage financier Freddie Mac said today...
Mortgage rates jumped this week after a … (1 comments)

mortgage trends: Fort Mill Real Estate-Mortgage Market Update May 9 2008 - 05/11/08 08:04 AM

Rates improved a little this week. I am still concerned about inflation and many analysts think that oil prices might reach $200. Let’s hope not. The continued rise of the oil prices will negatively effect mortgage bonds. Current 30 Year Fixed rates are hovering around 5.75% but can easily range … (0 comments)

mortgage trends: Weekly Market Trends for Tooele and Salt Lake Utah - 04/28/08 10:40 AM

THE JOB MARKET
Initial jobless claims dropped by 33,000 last week. Quite unexpected by analysts to say the least. The market reacted like it was the best news in weeks.... Which it was. With the four week average remaining at a high 369,500, and numbers dropping only as benefits end for the … (0 comments)

mortgage trends: Fort Mill Real Estate -Mortgage Market Update April 18, 2008 - 04/21/08 10:17 AM

Rates went up this week as the stock market had a strong week. Current 30 Year Fixed rates are hovering around 6.00% but can easily range between 6.00% and 6.50% depending on credit score and loan program. ARM pricing is still weak. The 7/1 ARM rates are about the same as … (0 comments)

mortgage trends: Wobbly Wamu's Waltz from Wholesale Worries Wall Street - 04/08/08 01:58 PM

Once venerable mortgage giant Washington Mutual, whimpers away from wholesale lending...slashes own staff (ouch!!).
Yes, after almost one hundred and twenty years of providing mortgage and other financial products to a grateful public, the stalwart financial figure is showing its battle scars obtained over the last several years of money grabbing activities.
Thousands … (6 comments)

mortgage trends: Breaking News....WAMU to shut down all RETAIL AND WHOLESALE lending offices at the end of this month - 04/07/08 06:31 PM

I always knew that the company was in some trouble, given all of the recent changes recently, but it seems like the deferred interest (neg am) loan has become the nail in their coffin.
A friend of mine on Wall Street just informed me that a huge conference call just occurred … (43 comments)

mortgage trends: Predicting Mortgage Rates - 02/13/08 03:43 PM

The following is an excerpt from a recent email sent to a client. Hoping others find this helpful...
It's very hard to say what the mortgage rate is going to do but here are some general observations.Inflation often leads to higher interest rates which generally lowers demand for stocks because businesses are … (0 comments)

mortgage trends: Market Snap Shot - 1/21/2008 - 01/21/08 11:38 AM

The markets are closed today in celebration of MLK Jr's Birthday. Mortgages rates improved last week due to weak economic news and the uncertainty of the future. This week we see 3 economic reports with a moderate impact on mortgage rates: Initial Jobless Claims, Existing Home Sales and Crude Inventories. These … (0 comments)

mortgage trends: Bernanke Proposal Preceeds Pundulum Progression - 01/20/08 02:22 PM

Ben S. Bernanke and his Federal Reserve have proposed new mortgage lending guidelines.
What They Say
1. Lenders must verify income and assets
2. Prepayment penalty restrictions
3. Lenders must determine if borrowers can afford mortgage
4. Borrowers to be told how much broker is making
5. No more misleading advertising
What I Say
1. Most of the time the … (2 comments)

mortgage trends: some statistics for us to chew on - 11/16/07 03:29 PM

Good afternoon all! Last week I attended a seminar sponsored by Washinton Mutual and Genworth Financial. I was heartened by how many loan originators were there to learn. Who said our industry is dying!
Here are some great statistics they passed on. Conventional conforming loan volume is up 42%, subprime is off … (3 comments)

mortgage trends: A Call To uh, No ARMS ....Are ARMS really the devil incarnate? - 09/26/07 08:09 PM

Approximately 600,000 ARMS are set to well, reset next month. This prompts a coalition of groups to call for a moratorium on ARMS. A two year moratorium. WKYC's website has an article about it here.
Cleveland's Slavic Village and Union-Miles neighborhoods are in the unfortunate position to be number one in the Country … (31 comments)

mortgage trends: An inman forecast - 09/26/07 05:32 PM

UCLA forecast: Economy may steer clear of recession
Housing-market recovery still several years away Wednesday, September 12, 2007
By Glenn Roberts Jr. Inman News
While several economists maintained in the early descent from the real estate boom that a "soft landing" was in store, the latest Anderson Forecast predicts a very bumpy ride … (1 comments)

mortgage trends: Mortgage Dow for July 30th through August 3, 2007 - 08/03/07 11:22 AM

On my website for my clients rate alert the following is the Dow Jones for mortgages. Pretty interesting trend down due mostly to the mortgage company fiasco of American Home Mortgage, the Sub-Prime and Alt - A fallout and recent consumer data.
… (0 comments)

mortgage trends: What's a "historically low" mortgage rate? - 07/24/07 04:07 AM

Have you wondered how mortgage rates north of 6% are considered historically low? Here is the answer according to Bankrate.com.
Bankrate has been tracking the 30-year fixed since September 1985. In nearly 22 years, the 30-year fixed has averaged 7.99 percent. Today's rates are under that and thereby considered "Historically Low."
… (4 comments)

mortgage trends: Weekly Mortgage Rate Trend Index - 04/24/07 04:33 PM

… (1 comments)

mortgage trends: Visit My Site at http://TheREforum.blogspot.com - 02/26/07 11:02 AM

Real estate news, trends, analysis and myth-busters for the real estate industry and consumers alike. … (0 comments)