Bankrate: Mortgage Rates Jump Again
NEW YORK, N.Y. - December 30, 2010 - (RealEstateRama) -- Mortgage rates climbed higher this week, with the average conforming 30-year fixed mortgage rising to 5.02 percent, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has an average of 0.44 discount and origination points.Full article: Bankrate: Mortgage Rates Jump Again ...
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- Illinois sees 16.1 percent increase in home sales; strongest January sales report since 2007, data show
SPRINGFIELD, IL - February 22, 2012 - (RealEstateRama) -- Illinois Home sales in January were the strongest for the month since 2007, according to data released today by the Illinois Association of REALTORS
- Mortgage Applications Decrease in Latest MBA Weekly Survey
WASHINGTON, D.C. - February 22, 2012 - (RealEstateRama) -- Mortgage applications decreased 4.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 17, 2012.
- Existing-Home Sales Rise Again in January, Inventory Down
Washington, DC - February 22, 2012 - (RealEstateRama) -- Existing-home sales rose in January, marking three gains in the past four months, while inventories continued to improve, according to the National Association of Realtors®
- INDUSTRIAL REAL ESTATE BELLWETHERS SIGNAL POSITIVE START FOR 2012
WASHINGTON, D.C. - February 22, 2012 - (RealEstateRama) -- Key market bellwethers—increased leasing velocity; the reemergence of speculative construction; and strong retail, manufacturing and transportation industry performance—signal the start of what very likely will be a positive year for industrial real estate in the United States.
- Housing Starts Rise 1.5 Percent from Upwardly Revised Numbers in January
WASHINGTON, D.C. - February 17, 2012 - (RealEstateRama) -- Building on significant upward revisions to numbers for the previous two months, nationwide production of new single-family homes and apartments increased 1.5 percent to a seasonally adjusted annual rate of nearly 700,000 units in January, according to newly released figures from the U.S. Commerce Department. This marks the second-best pace of overall housing production since October of 2008.
- Delinquencies and Foreclosures Decline in Latest MBA Mortgage Delinquency Survey
WASHINGTON, D.C. - February 16, 2012 - (RealEstateRama) -- The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 7.58 percent of all loans outstanding as of the end of the fourth quarter of 2011, a decrease of 41 basis points from the third quarter of 2011, and a decrease of 67 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. The non-seasonally adjusted delinquency rate decreased five basis points to 8.15 percent this quarter from 8.20 percent last quarter.
- Housing Affordability Reaches Record Level as Tight Credit Conditions Impede Housing Market
WASHINGTON, D.C. - February 16, 2012 - (RealEstateRama) -- Nationwide housing affordability, as measured by the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI), rose to a record level during the fourth quarter of 2011, while prospective home buyers continued to feel the constraints of tighter credit standards and a soft economy.
