Mortgage markets moved across a wide range last week before, ultimately, finishing unchanged. The bailout of Greece both dominated headlines and dictated market direction.
Monthly Archive: October 2011
Oct 28
Pending Home Sales Index Slips For 4th Straight Month
Nationwide, fewer homes are going under contract to sell.
Oct 27
New Home Inventory Keeps Sinking
Home builders continue to sell homes and work through inventory.
Oct 26
The Government’s Revamped HARP Program For Underwater Homeowners
The Federal Home Finance Agency announced big changes to its Home Affordable Refinance Program Monday. More commonly called HARP, the Home Affordable Refinance Program is meant to give “underwater homeowners” opportunity to refinance.
Oct 26
Detroit Leads All Case-Shiller Cities In Home Price Improvement
Since bottoming out in March of this year, the Case-Shiller Index is up nearly 4 percent.
Oct 24
What’s Ahead For Mortgage Rates This Week : October 24, 2011
Mortgage markets improved last week on worries that Eurozone leaders would decline to send aid to Greece. These concerns overshadowed optimism for the U.S. economy, the result of several strong data points.
Oct 21
Despite 18% Contract Failure Rate, Home Resales Stay Strong
According to data from the National Association of REALTORS®, on a seasonally-adjusted, annualized basis, September’s Existing Home Sales eased by 150,000 units, falling to 4.91 million units nationwide.
Oct 20
Finding Truth In September’s Housing Starts Report
Wednesday, the Census Bureau released its September Housing Starts report. In it, the government said that national Housing Starts rose 15 percent in September as compared to August 2011, tallying 658,000 units on a seasonally-adjusted annualized basis.
Oct 19
Homebuilder Confidence Rises on Surging Sales Volume, Foot Traffic
Homebuilder confidence is rebounding sharply.
Oct 18
Foreclosure Rate Drops For The 12th Straight Month
Foreclosure activity continues to slow throughout the United States.