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Real-time mortgage market updates for May 30, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.
The FHA Streamline Refinance is ripe for some changes. Here's where the FHA can start.
Borrowers often ask about the pros and cons of choosing a 30 year-fixed mortgage versus an adjustable-rate mortgages.
Foreclosure activity is falling nationwide, and bank-owned REO is down. From California to Virginia, it's getting harder to find bank-owned homes.
The S&P/Case Shiller Index shows falling home values nationwide. So, why are the index authors so optimistic?
Real-time mortgage market updates for May 29, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.
Freddie Mac's mortgage rate survey contains some trickery. Mortgage rates fell to 3.78% this week but that doesn't mean they're cheaper.
The U.S, Supreme Court overturned a lawsuit by mortgage borrowers claiming that they were overcharged for mortgage settlement fees.
Real-time mortgage market updates for May 25, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.
The newest HARP refinance program makes refinancing with PMI easier.
HARP applications with Freddie Mac are being denied at an alarming rate. In response, Freddie Mac will "fine-tune" its underwriting process.
Real-time mortgage market updates for May 24, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.
Freddie Mac reports the 30-year fixed rate mortgage rate at an all-time low of 3.78% this week, down from last week's 3.79%.
Another day, another positive report for housing. New Home Sales climbed for the seventh month in eight.
Real-time mortgage market updates for May 23, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.
It's taken 3 years, but April's Existing Home Sales report shows evidence that all that government stimulus is finally taking hold.
At the current pace of home sales, the national housing stock will sell out in 6.6 months. Last year, that duration was 9.1 months.
Real-time mortgage market updates for May 22, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.
Home affordability has never been higher in recorded history. Does your town rank in the Top 5?
Refinances outnumbered purchase transactions 3-to-1 last week, according to the Mortgage Bankers Association.
The National Association of Home Builders/Wells Fargo builder sentiment index reported its highest levels of builder confidence in 5 years in May
Real-time mortgage market updates for May 21, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.
Freddie Mac says the 30-year fixed rate mortgage rate is 3.79% nationwide. Here are 3 reasons why few people actually get that rate.
Mortgage lenders are gearing up for another Refi Wave.
Real-time mortgage market updates for May 18, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.
The Federal Reserve stands ready for more stimulus. Mortgage rates react.
Quietly, the FHA has been formulating changes to its condo mortgage guidelines.
Real-time mortgage market updates for May 17, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.
Housing Starts rose for the third-straight month. Here's what it's doing to mortgage rates.
The most lasting effect of JPMorgan's losing $2 billion bad bet will be to its reputation.
The Mortgage Bankers Association (MBA) reports that mortgage defaults have fallen below expected levels.
Real-time mortgage market updates for May 16, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.
Buyers of new construction are on the clock. Builder confidence is rising and new home sales are expected to pop.
Federal Reserve Governor Elizabeth Duke said mortgage lending is suffering because the "rules of the game" keep changing.
Real-time mortgage market updates for May 15, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.
For every $100,000 borrowed on a 15-year mortgage, you'll save nearly $44,000 over the long-term in mortgage interest costs over a 30-year.
The White House is requesting updates to the Home Affordable Refinance Program. Millions of additional homeowners would be HARP 3-eligible.
With mortgage rates low in all 50 states and housing markets rising, there are great "deals" to be had -- if you can find them.
Real-time mortgage market updates for May 14, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.
The FHA starts its new, cheaper MIP schedule June 11, 2012. You don't have to wait until June to apply, though. Start your application today and be among the first in line for new, lower payments.
