Article Archive - November 2012
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Pending Sales Up Sharply in Midwest
November 29, 2012Pending home sales were up strongly in October, driven by a sharp increase in sales in the...
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New Home Sales Flat Since Spring
November 28, 2012New home sales declined slightly in October, but the real news today out of the Census...
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FHFA, S&P Report Home Price Gains
November 27, 2012U.S. home prices are continuing to rise, according to separate reports from the Federal...
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No More Canceling FHA Loan Insurance
November 27, 2012Borrowers who take out FHA home loans will soon be stuck with paying for mortgage insurance...
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Can You Afford to Buy a Home?
November 23, 2012Thinking of becoming a first-time homebuyer? There are certainly a lot of incentives to do so...
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Mortgage Rates Find New Lows Again
November 21, 2012Fixed-rate mortgages continued to fall to new record lows this week, amid indications of a...
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Mortgage Companies Warned On Ads
November 21, 2012Nearly three dozen mortgage lenders and other companies are being put on notice to correct...
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Home Sales Up Despite Sandy
November 19, 2012Existing home sales edged up in October, rising a seasonally adjusted 2.1 percent despite...
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Mortgage Issues in Obama’s 2nd Term
November 17, 2012Now that the election is behind us, current and potential homeowners may be wondering what...
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Mortgage Rates Hit New Record Lows
November 15, 2012Mortgage rates fell to new lows this week, with the averages on both 30- and 15-year fixed-...
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29 Percent Refinance to Shorter Term
November 14, 2012Nearly one-third of homeowners who refinanced their mortgages in recent months chose to...
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Foreclosure Discounts Shrink
November 13, 2012Foreclosed homes just aren’t the bargain they used to be.
According to Zillow...
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VA Mortgages Surge in Popularity
November 12, 2012One of the top perks the nation offers its veterans is subsided mortgages through the VA...
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Most Damaging Credit Report Errors
November 10, 2012You’ve probably heard that it’s a good idea to check your credit reports for errors once a...
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Jump in Mortgage Delinquencies Seen
November 09, 2012Mortgage delinquency rates spiked in September, posting their largest increase since the...
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Storms Put a Hold on Mortgage Demand
November 07, 2012Mortgage applications suffered a big drop in the wake of Superstorm Sandy last week, with...
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HAMP Share of Loan Mods Shrinking
November 06, 2012Mortgage servicers are granting more private loan modifications to financially stressed...
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Quarter of Mortgage Applications Denied
November 05, 2012Nearly one applicant in four who sought a home mortgage last year was rejected, according...
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Buying a Home for the Holidays?
November 03, 2012Been thinking about buying a home? Well, maybe you should put it on your Christmas list....
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Mortgage Rates Show Small Decline
November 01, 2012Mortgage rates eased back down slightly this week, remaining close to their all-time lows,...
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