Weekly Mortgage Update

I recently completed my 168 hour real estate educational requirement, and got my certificate of eligibility today. I will sit for the actual exam in about a month, however wanted to start interviewing with local companies to see who is a fit. I know there is a volume based list for how much reven...

Pending homes sales jump 6.3% in April. The Pending Home Sales Index (PHS), is released the first week of each month, and is designed to be a leading indicator of housing activity. It measures contract activity, not loan closings. Thw index is the highest it has been since October 2007, however s...

Pending homes sales jump 6.3% in April. The Pending Home Sales Index (PHS), is released the first week of each month, and is designed to be a leading indicator of housing activity. It measures contract activity, not loan closings. Thw index is the highest it has been since October 2007, however s...

The foreclosure epidemic continues to sweep across the United States in a rapid fashion as prices on homes are being forced downward 9.72% as a national average. Fannie Mae offices in Virginia opened a foreclosure call center today, and by 10am, they received over 270 calls. Kexington KY, Denver,...

It is no surprise that the banking sector is feeling the pinch right now, amidst a massive nationwide credit crunch, among thousands of new monthly foreclosures and credit card defaults. Standard and Poor recently has downgraded the entire banking sector because of their massive writedowns agains...