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What’s Ahead For Mortgage Rates This Week : August 13, 2012

Posted on August 13, 2012 by joeglez

Mortgage markets worsened last week as the investors moved back into risk-taking mode.

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Posted in Mortgage Rates | Tags: Eurozone, Inflation, Initial Jobless Claims |

5 States Home To 50% Of Foreclosure Activity Nationwide

Posted on August 10, 2012 by joeglez

According to data from RealtyTrac, a national foreclosure-tracking firm, the number of foreclosure filings dipped below 192,000 in July 2012, a 3 percent decrease from the month prior.

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Posted in Housing Analysis | Tags: Foreclosure Filing, Foreclosures, RealtyTrac |

Improving Market Index Spans 32 States, District Of Columbia

Posted on August 9, 2012 by joeglez

80 U.S. metropolitan markets are showing “measurable and sustained growth” this month, according to the National Association of Homebuilders’ Improving Market Index.

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

Mortgage Standards Stop Tightening; Lending Soon To Loosen?

Posted on August 8, 2012 by joeglez

As another signal of an improving U.S. economy, the nation’s biggest banks have started to loosen mortgage lending standards.

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Posted in Mortgage Guidelines | Tags: Federal Reserve, Prime Residential Mortgage, Senior Loan Officer Survey |

Closing At The End Of August? Plan Ahead For Labor Day Weekend.

Posted on August 7, 2012 by joeglez

Planning to make a late-August purchase closing? Keep an eye on your calendar. The last Friday of the month coincides with Labor Day Weekend, which may make for a complicated, end-of-month closing.

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Posted in Personal Finance | Tags: Closing, Holiday, Power of Attorney |

What’s Ahead For Mortgage Rates This Week : August 6, 2012

Posted on August 6, 2012 by joeglez

Mortgage bonds worsened last week, moving to a near-6 week high.

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Posted in Mortgage Rates | Tags: ECB, FOMC, Freddie Mac |

Freddie Mac 30-Year Fixed Rate Mortgage Rates Rises To 3.55%

Posted on August 3, 2012 by joeglez

This week, for the first time since mid-June, the 30-year fixed rate mortgage rate climbed on a week-over-week basis, moving 6 basis points to 3.55%, on average.

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Posted in Mortgage Rates | Tags: 30-Year Fixed Rate Mortgage, Freddie Mac, Mortgage Rates |

Simple Explanation Of The Federal Reserve Statement (August 1 , 2012)

Posted on August 1, 2012 by joeglez

Breaking down the FOMC’s August 1 statement.

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Posted in Federal Reserve | Tags: Fed Funds Rate, FOMC, QE3 |

Case-Shiller Index Shows Home Values Rising Nationwide

Posted on August 1, 2012 by joeglez

All 20 Case-Shiller Index markets improved between April and May 2012.

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Posted in Housing Analysis | Tags: Case-Shiller Index, FHFA, NAR |

Planning Ahead For The Federal Reserve’s Next Move

Posted on July 31, 2012 by joeglez

The FOMC meets today for the fifth time this year. Mortgage rates will be volatile for the next few days. Make sure to have a plan.

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Posted in Federal Reserve | Tags: Fed, Fed Funds Rate, FOMC |

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