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What’s Ahead For Mortgage Rates This Week : July 30, 2012

Posted on July 30, 2012 by joeglez

Mortgage markets booked major losses last week after European leaders spoke of their determination to preserve the European Union.

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Posted in Mortgage Rates | Tags: ECB, Federal Reserve, Mortgage Rates |

Pending Home Sales Index Falls Just Short Of 100

Posted on July 27, 2012 by joeglez

The Pending Home Sales Index is on a 14-month winning streak.

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

New Home Sales Slow After Fast Start To 2012

Posted on July 26, 2012 by joeglez

Sales of new homes slipped 8 percent in June.

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

Home Values Rise 0.8% In May 2012

Posted on July 25, 2012 by joeglez

The housing market’s bottom is 9 months behind us. Home values continue to climb nationwide.

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

Mortgage Rates Down 1 Percent In One Year

Posted on July 24, 2012 by joeglez

30-year fixed rate mortgage rates have now dropped through 5 consecutive weeks, and in 11 of the last 12 weeks.

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

What’s Ahead For Mortgage Rates This Week : July 23, 2012

Posted on July 23, 2012 by joeglez

Mortgage markets improved last week on expectations for new Federal Reserve stimulus, plus ongoing concerns about the European Union’s future.

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

Existing Home Supply Ticks Higher To 6.6 Months Nationwide

Posted on July 20, 2012 by joeglez

Home resales slipped more than 5 percent last month, putting a damper recent housing market enthusiasm.

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Posted in Housing Analysis | Tags: Existing Home Sales, Existing Home Supply, Pending Home Sales Index |

Singe-Family Housing Starts Rise For 4th Straight Month

Posted on July 19, 2012 by joeglez

New construction housing is in a post-recession rally.

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Posted in Housing Analysis | Tags: Housing Market Index, Housing Starts, Mortgage Rates |

Homebuilder Confidence Doubles In 12 Months

Posted on July 18, 2012 by joeglez

For the second time in three months, the National Association of Homebuilders reports that the Housing Market Index made sizable gains.

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Posted in Housing Analysis | Tags: HMI, Housing Market Index, NAHB |

Foreclosure Starts Rise For Second Straight Month

Posted on July 17, 2012 by joeglez

The number of U.S. homes receiving foreclosure notices topped one million through the first six months of 2012, according to RealtyTrac.

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Posted in Housing Analysis | Tags: Default Notice, Foreclosures, RealtyTrac |

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