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Fed Minutes Causes Mortgage Rates To Rise Suddenly

Posted on April 4, 2012 by joeglez

The Federal Reserve has released the minutes from its last FOMC meeting. Mortgage rates are rising on the news.

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Posted in Federal Reserve | Tags: Fed Minutes, FOMC, Mortgage Rates |

FHA Mortgage Insurance Premiums Increasing April 9, 2012

Posted on April 3, 2012 by joeglez

Planning to use an FHA-backed mortgage for your next home loan? You might want to get your application in gear today.

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Posted in Mortgage Guidelines | Tags: FHA, MIP, UFMIP |

What’s Ahead For Mortgage Rates This Week : April 2, 2012

Posted on April 2, 2012 by joeglez

Mortgage markets improved last week on renewed concerns of a European debt default, and Federal Reserve rhetoric.

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Posted in Mortgage Rates | Tags: Italy, Non-Farm Payrolls, Spain |

Mortgage Rates Fall Back Below 4%

Posted on March 30, 2012 by joeglez

After a brief run-up two weeks ago, mortgage rates are back below 4 percent.

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Posted in Mortgage Rates | Tags: Discount Points, Freddie Mac, Home Affordability |

Case-Shiller Shows Uneven Recovery For U.S. Housing

Posted on March 29, 2012 by joeglez

Recent data suggests that the U.S. housing market is in recovery, albeit an uneven one.

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Posted in Housing Analysis | Tags: Case-Shiller Index, Distressed Homes, Home Prices |

Pending Home Sales Index Remains Strong Into Spring

Posted on March 28, 2012 by joeglez

The housing market took a step back in February, but remains near post-Recession highs.

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

New Home Sales Slip In February

Posted on March 27, 2012 by joeglez

Sales of new homes fell to the lowest levels in four months last month.

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

What’s Ahead For Mortgage Rates This Week : March 26, 2012

Posted on March 26, 2012 by joeglez

Mortgage markets carved out a wide range last week before eventually closing close to unchanged on the week.

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Posted in Mortgage Rates | Tags: Ben Bernanke, Fed Speakers, Freddie Mac |

Building Permits On The Rise

Posted on March 23, 2012 by joeglez

The new construction housing market appears primed for growth.

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Posted in Housing Analysis | Tags: Building Permits, Census Bureau, Housing Starts |

Existing Home Sales Stay Strong; Spring Season Underway

Posted on March 22, 2012 by joeglez

Despite sparse home inventory, the National Association of REALTORS reports that 4.59 million “existing homes” were sold in February on a seasonally-adjusted, annualized basis.

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

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