OC Foreclosure Sales Jump 19.4% in June - 07/16/09 04:45 PM
According to the California Foreclosure Report for June 2009, California's foreclosure sales increased 24.7%. During June in Orange County, Notices of Default were at 2,486, a 16.2% increase from May where Notices of Default were at 2,139. Foreclosure sales also increased in June with sales at 910, a 19.4% increase from May … (0 comments)
Refinance Demands are Squashed by Higher Rates - 07/07/09 04:20 PM
The market share of refinancings has dropped to its lowest point since November 2008, according to the Mortgage Bankers Association. The group's Weekly Applications Survey Market Composite Index, an overall measure of mortgage applications, fell over 7% on a seasonally adjusted basis.
Refis only made up 59.4% of total applications, down … (0 comments)
Free Fall of Home Prices Slows Down - 07/02/09 04:08 PM
Newfound signs of stability in the housing market could still be threatened by rising foreclosures and slow efforts to stop them, according to two reports released Tuesday.
The Standard & Poor’s/Case-Shiller index of 20 major metro areas showed the smallest monthly decline since June 2008. The index tumbled … (0 comments)
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According to the California Foreclosure Report for June 2009, California's foreclosure sales increased 24.7%. During June in Orange County, Notices of Default were at 2,486, a 16.2% increase from May where Notices of Default were at 2,139. Foreclosure sales also increased in June with sales at 910, a 19.4% increase from May … (0 comments)
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