fha: Refinance Hudson WI - Confidence In Economy Nears Four Year High - 04/23/12 12:52 AM
According to the most recent results of Gallup’s U.S. Economic Confidence Index, Americans’ confidence in the economy is nearing a four-year high. The index is based on a survey of 3,000 individuals and gauges Americans’ perception of the current economy and whether it is getting better or worse. Recent measurements have been among the most positive since Gallup began daily tracking of economic confidence in 2008. Among respondents, 15 percent rated economic conditions as excellent or good. And though the number that rate the economy as poor was 40 percent, the reading was the least negative since September 2008. Also, 42 … (1 comments)

fha: Buy a house Hudson, WI - Existing Home Sales Up 5.2 Percent From Last Year - 04/20/12 01:26 AM
Sales of previously owned homes were down 2.6 percent in March but gained 5.2 percent from last year’s levels. According to the National Association of Realtors, existing-home sales, which include single-family, townhomes, condominiums, and co-ops, fell to a seasonally adjusted annual rate of 4.48 million in March from an upwardly revised 4.60 million the month before. But despite the dip in month-over-month sales, the March report contained encouraging signs for the housing market. Lawrence Yun, NAR’s chief economist, said there have been nine consecutive months of year-over-year sales increases and with job growth, low mortgage rates, and affordable prices, the demand is … (0 comments)

fha: Refinance Plymouth, MN - Refinance Activity Surges As Mortgage Rates Drop - 04/20/12 01:25 AM
According to the Mortgage Bankers Association’s Weekly Applications Survey, refinance activity increased 13.5 percent last week and pushed the refinance share of all mortgage activity up to 75.2 percent. The spike in refinance activity helped the Market Composite Index, which measures total mortgage application volume, climb 6.9 percent from the week before despite a 11.2 percent drop in the Purchase Index. Jay Brinkmann, MBA’s chief economist, said a drop in rates last week led to the boom in refinance applications. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances fell to 4.05 percent from 4.10 percent the week … (0 comments)

fha: Refinance Eden Prairie, MN - Refinance Activity Surges As Mortgage Rates Drop - 04/20/12 01:23 AM
According to the Mortgage Bankers Association’s Weekly Applications Survey, refinance activity increased 13.5 percent last week and pushed the refinance share of all mortgage activity up to 75.2 percent. The spike in refinance activity helped the Market Composite Index, which measures total mortgage application volume, climb 6.9 percent from the week before despite a 11.2 percent drop in the Purchase Index. Jay Brinkmann, MBA’s chief economist, said a drop in rates last week led to the boom in refinance applications. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances fell to 4.05 percent from 4.10 percent the week … (0 comments)

fha: Refinance Woodbury, MN - Refinance Activity Surges As Mortgage Rates Drop - 04/20/12 01:22 AM
According to the Mortgage Bankers Association’s Weekly Applications Survey, refinance activity increased 13.5 percent last week and pushed the refinance share of all mortgage activity up to 75.2 percent. The spike in refinance activity helped the Market Composite Index, which measures total mortgage application volume, climb 6.9 percent from the week before despite a 11.2 percent drop in the Purchase Index. Jay Brinkmann, MBA’s chief economist, said a drop in rates last week led to the boom in refinance applications. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances fell to 4.05 percent from 4.10 percent the week … (0 comments)

fha: Refinance Prescott, WI - Refinance Activity Surges As Mortgage Rates Drop - 04/20/12 01:20 AM
According to the Mortgage Bankers Association’s Weekly Applications Survey, refinance activity increased 13.5 percent last week and pushed the refinance share of all mortgage activity up to 75.2 percent. The spike in refinance activity helped the Market Composite Index, which measures total mortgage application volume, climb 6.9 percent from the week before despite a 11.2 percent drop in the Purchase Index. Jay Brinkmann, MBA’s chief economist, said a drop in rates last week led to the boom in refinance applications. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances fell to 4.05 percent from 4.10 percent the week … (0 comments)

fha: Refinance New Richmond, WI - Refinance Activity Surges As Mortgage Rates Drop - 04/20/12 01:19 AM
According to the Mortgage Bankers Association’s Weekly Applications Survey, refinance activity increased 13.5 percent last week and pushed the refinance share of all mortgage activity up to 75.2 percent. The spike in refinance activity helped the Market Composite Index, which measures total mortgage application volume, climb 6.9 percent from the week before despite a 11.2 percent drop in the Purchase Index. Jay Brinkmann, MBA’s chief economist, said a drop in rates last week led to the boom in refinance applications. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances fell to 4.05 percent from 4.10 percent the week … (0 comments)

fha: Refinance River Falls, WI - Refinance Activity Surges As Mortgage Rates Drop - 04/20/12 01:16 AM
According to the Mortgage Bankers Association’s Weekly Applications Survey, refinance activity increased 13.5 percent last week and pushed the refinance share of all mortgage activity up to 75.2 percent. The spike in refinance activity helped the Market Composite Index, which measures total mortgage application volume, climb 6.9 percent from the week before despite a 11.2 percent drop in the Purchase Index. Jay Brinkmann, MBA’s chief economist, said a drop in rates last week led to the boom in refinance applications. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances fell to 4.05 percent from 4.10 percent the week … (0 comments)

fha: Refinance Hudson WI - Refinance Activity Surges As Mortgage Rates Drop - 04/20/12 01:15 AM
According to the Mortgage Bankers Association’s Weekly Applications Survey, refinance activity increased 13.5 percent last week and pushed the refinance share of all mortgage activity up to 75.2 percent. The spike in refinance activity helped the Market Composite Index, which measures total mortgage application volume, climb 6.9 percent from the week before despite a 11.2 percent drop in the Purchase Index. Jay Brinkmann, MBA’s chief economist, said a drop in rates last week led to the boom in refinance applications. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances fell to 4.05 percent from 4.10 percent the week … (0 comments)

fha: Home Price Evaluation Sees National Values Increasing - 04/20/12 01:13 AM
The results of Clear Capital’s most recent home price forecast calls for national values to rise slightly over the next three months and to end the year with a growth rate of 1.2 percent. According to their data, home prices were down 1.4 percent year-over-year in March, which is an improvement over February’s 1.9 percent decline. In addition to improving rates of decline, Clear Capital calls for price growth across all four regions of the country by year’s end. Regionally, only the Midwest is expected to suffer price declines over the next three months and, by the end of the year, … (0 comments)

fha: Buy a house in New Richmond, WI - Building Permits Up 4.5 Percent In March - 04/17/12 02:49 AM
The U.S. Census Bureau and the Department of Housing and Urban Development’s New Residential Construction report for March shows permits to build privately-owned housing units rose 4.5 percent in March. Permits were at a seasonally adjusted annual rate of 747,000, which is 30.1 percent above last March’s estimate. But though permits were up for the month, housing starts fell 5.8 percent from February to a seasonally adjusted annual rate of 654,000. Still, new residential construction is 10.3 percent above last year’s level and single-family housing starts were down just 0.2 percent for the month, which indicates the decline was due largely to … (0 comments)

fha: Builder Confidence Slips For First Time In Seven Months - 04/16/12 01:26 AM
According to the National Association of Home Builders’ Housing Market Index, builder confidence slipped three points to 25 in April, the first decline after seven consecutive months of gains. The index measures builders’ perception of the market for newly built, single-family homes on a scale where any number below 50 indicates more builders view conditions as poor than good. David Crowe, NAHB’s chief economist, said the decline is a pause in what has been a fairly rapid build-up in confidence since last September. According to Crowe, despite increased interest from potential buyers, builders have yet to see that interest translate into sales … (1 comments)

fha: Buy a house Woodbury, MN - Americans Expect Rising Prices, Say It’s Time To Buy - 04/16/12 01:25 AM
Fannie Mae’s March 2012 National Housing Survey finds Americans more confident in their financial situation and more optimistic about the housing market than in previous months. According to the monthly survey, 73 percent of respondents say now is a good time to buy a home, which is up three points from February and at its highest level in more than a year. Doug Duncan, vice president and chief economist of Fannie Mae, said conditions are coming together to encourage people to want to buy homes. Rising rent and an expectation of higher home prices are among the conditions making homeownership more and … (0 comments)

fha: Buy a house River Falls, WI - Americans Expect Rising Prices, Say It’s Time To Buy - 04/16/12 01:24 AM
Fannie Mae’s March 2012 National Housing Survey finds Americans more confident in their financial situation and more optimistic about the housing market than in previous months. According to the monthly survey, 73 percent of respondents say now is a good time to buy a home, which is up three points from February and at its highest level in more than a year. Doug Duncan, vice president and chief economist of Fannie Mae, said conditions are coming together to encourage people to want to buy homes. Rising rent and an expectation of higher home prices are among the conditions making homeownership more and … (1 comments)

fha: Buy a house Hudson, WI - Americans Expect Rising Prices, Say It’s Time To Buy - 04/16/12 01:22 AM
Fannie Mae’s March 2012 National Housing Survey finds Americans more confident in their financial situation and more optimistic about the housing market than in previous months. According to the monthly survey, 73 percent of respondents say now is a good time to buy a home, which is up three points from February and at its highest level in more than a year. Doug Duncan, vice president and chief economist of Fannie Mae, said conditions are coming together to encourage people to want to buy homes. Rising rent and an expectation of higher home prices are among the conditions making homeownership more and … (0 comments)

fha: Refinance Woodbury, MN - Mortgage Rates Fall To Lowest Level In A Month - 04/16/12 01:20 AM
According to the Mortgage Bankers Association’s Weekly Applications Survey, mortgage rates fell to their lowest level since March 9 last week. The average contract interest rate for 30-year fixed-rate mortgages dropped to 4.10 percent from 4.16 percent the week before. But, despite the drop, the Market Composite Index, which measures total mortgage loan application volume, was also down, slipping 2.4 percent from the week before. Both the Refinance and Purchase Index decreased slightly, though no adjustment was made for Good Friday. Also in the report, the refinance share of mortgage activity was 70.5 percent and the share of applications for investment properties … (0 comments)

fha: Refinance River Falls, WI - Mortgage Rates Fall To Lowest Level In A Month - 04/16/12 01:17 AM
According to the Mortgage Bankers Association’s Weekly Applications Survey, mortgage rates fell to their lowest level since March 9 last week. The average contract interest rate for 30-year fixed-rate mortgages dropped to 4.10 percent from 4.16 percent the week before. But, despite the drop, the Market Composite Index, which measures total mortgage loan application volume, was also down, slipping 2.4 percent from the week before. Both the Refinance and Purchase Index decreased slightly, though no adjustment was made for Good Friday. Also in the report, the refinance share of mortgage activity was 70.5 percent and the share of applications for investment properties … (0 comments)

fha: Refinance Hudson, WI - Mortgage Rates Fall To Lowest Level In A Month - 04/16/12 01:15 AM
According to the Mortgage Bankers Association’s Weekly Applications Survey, mortgage rates fell to their lowest level since March 9 last week. The average contract interest rate for 30-year fixed-rate mortgages dropped to 4.10 percent from 4.16 percent the week before. But, despite the drop, the Market Composite Index, which measures total mortgage loan application volume, was also down, slipping 2.4 percent from the week before. Both the Refinance and Purchase Index decreased slightly, though no adjustment was made for Good Friday. Also in the report, the refinance share of mortgage activity was 70.5 percent and the share of applications for investment properties … (0 comments)

fha: Buy a house in River Falls, WI - Improving Markets Index Hits 101 In April - 04/11/12 04:49 AM
The National Association of Home Builders/First American Improving Markets Index identifies metropolitan areas that have seen growth in housing permits, employment, and home prices for at least six straight months. In April, the index hit 101 moving up two from the previous month. Barry Rutenberg, the NAHB’s chairman, said a total of 35 states are now represented on the list, with 10 states having four or more entries. Rutenberg says the improvement means at least 101 individual metros are showing measurable and consistent signs that they are headed in the right direction. In April, 13 metros were added to the list while … (0 comments)

fha: Gov’t Scorecard Finds 2012 Off To A Strong Start - 04/10/12 01:51 AM
The U.S. Department of Housing and Urban Development and the U.S. Department of the Treasury released their March housing scorecard,which compiles key housing market data and the results of the government’s recovery efforts. And though the report still finds fragility in the market, it also shows that home sales are off to their strongest start since 2007, after upwardly revised January numbers and a solid February for existing-home sales. Also, mortgage delinquency rates continue to fall and are substantially below last year’s levels. And, according to the scorecard, the administration’s recovery efforts have started more than 5.8 million mortgage modification arrangements … (0 comments)

 
Ryan Magee1, Mortgage Banker (Bridgeview Bank)

Ryan Magee1

Mortgage Banker

Hudson, WI

More about me…

Bridgeview Bank

Address: 900 Crestview Drive Suite 120, Hudson, WI, 54016

Office: (715) 821-1818

Mobile: (715) 821-1818

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