For the fifth consecutive week, conforming 30-year fixed rate mortgage rates have dropped to new all-time lows.
Monthly Archive: May 2012
May 24
New Home Sales Rise For 7th Month Out Of 8
The April New Home Sales report suggests that the market for newly-built homes is as strong as the market for existing ones.
May 23
Existing Home Sales Climb 3.4 Percent In April
Low mortgage rates are helping to make homes more affordable. It appears home buyers have taken notice.
May 22
Home Affordability Reaches New High In Q1 2012
Never before in recorded history have so many homes been affordable to households earning a moderate annual income.
May 21
What’s Ahead For Mortgage Rates This Week : May 21, 2012
Mortgage rates fell to a new all-time low last week. Not everyone can get access, however.
May 18
Is More Fed-Led Stimulus On Its Way?
The Federal Open Market Committee released its April 2012 meeting minutes this week, revealing a Federal Reserve in the ready for additional monetary stimulus.
May 17
Single-Family Housing Starts Powers Ahead
The new construction housing market continues to improve.
May 16
Homebuilder Confidence Moves To 5-Year High
After a brief dip in April, the National Association of Homebuilders reports that the Housing Market Index rose 5 points in May to 29.
May 15
Home Affordability Getting A Springtime Boost From Greece
Home affordability is receiving a boost from across the Atlantic Ocean this spring.
May 14
What’s Ahead For Mortgage Rates This Week : May 14, 2012
Conforming mortgage rates edged higher last week.