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What’s Ahead For Mortgage Rates This Week : October 15, 2012

Posted on October 15, 2012 by joeglez

Mortgage markets improved slightly last week. With a dearth of new U.S. economic data due for release, investors turned their collective attention to the Europe, China, and the Middle East. U.S. mortgage rates fell slightly in the holiday-shortened week.

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Posted in Mortgage Rates | Tags: China, Freddie Mac, Greece |

Florida Takes Top Foreclosure Slot For September 2012

Posted on October 12, 2012 by joeglez

According to foreclosure-tracking firm RealtyTrac, in September, the number of foreclosure filings nationwide fell 7 percent from the month prior, and fell 16 percent from September 2011.

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Posted in Housing Analysis | Tags: Foreclosures, RealtyTrac, Short Sales |

Tips To Close Your Home Loan Faster, With Fewer Hassles

Posted on October 11, 2012 by joeglez

Mortgage volume is expected to remain high through the end of 2012 and into 2013. Follow these steps to help close your loan on time, and with few headaches.

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Posted in Personal Finance | Tags: Advice, Appraisal, Mortgage |

103 Metro Areas On The “Improving” U.S. Markets List

Posted on October 10, 2012 by joeglez

The number of U.S. metropolitan area showing “measurable and sustained growth” climbed to 103 this month.

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Posted in Housing Analysis | Tags: IMI, Improving Market Index, NAHB |

What’s Ahead For Mortgage Rates This Week : October 9, 2012

Posted on October 9, 2012 by joeglez

Mortgage markets worsened last week for the first time in a month last week.

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Posted in Mortgage Rates | Tags: Eurozone, Greece, Non-Farm Payrolls |

With Tomorrow’s Job Report Due, Mortgage Rates May Finally Rise

Posted on October 4, 2012 by joeglez

Friday morning, at 8:30 AM ET, the government releases its Non-Farm Payrolls report for September. Mortgage rates may rise if job growth was strong.

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Posted in The Economy | Tags: Bureau of Labor Statistic, NFP, Non-Farm Payrolls |

What’s Ahead For Mortgage Rates This Week : October 1, 2012

Posted on October 1, 2012 by joeglez

For the third straight week, mortgage rates improved. This week’s jobs report threatens those gains, however.

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Posted in Mortgage Rates | Tags: China, Greece, QE3 |

Pending Home Sales Index Continues To Show Strength

Posted on September 28, 2012 by joeglez

According to the real estate trade association, the Pending Home Sales Index read 99.2 for August — the fourth straight month in which the index hovered near its benchmark value of 100.

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Posted in Housing Analysis | Tags: NAR, Pending Home Sales Index, PHSI |

New Home Supply Remains Firmly In “Seller’s Market” Territory

Posted on September 27, 2012 by joeglez

According to the U.S. Census Bureau, the number of new homes sold slipped 0.3 percent in August 2012 to a seasonally-adjusted, annualized 373,000 units sold.

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Posted in Housing Analysis | Tags: Census Bureau, New Home Sales, New Home Supply |

Home Price Index Shows Values Rising 3.7% From One Year Ago

Posted on September 26, 2012 by joeglez

Home values have not dropped month-to-month since January of this year — a span of 6 months.

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Posted in Housing Analysis | Tags: FHFA, Home Price Index, HPI |

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