News
Marketing & Statistics

Refinance Activity Increases as Rates Hit Survey Lows

WASHINGTON, D.C. – February 8, 2012 – (RealEstateRama) — Mortgage applications increased 7.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Febru…

Read the full article: Refinance Activity Increases as Rates Hit Survey Lows ...

MBA: Ten Percent of Non-Bank Commercial/Multifamily Debt Will Mature in 2012, Down From 2011

Atlanta, GA – February 6, 2012 – (RealEstateRama) — Ten percent, or $150.6 billion, of commercial and multifamily mortgages held by non-bank lenders and investors will mature in 2012, a 3 percent decline from the $154.7 billion that matured in 2011, a…

Read the full article: MBA: Ten Percent of Non-Bank Commercial/Multifamily Debt Will Mature in 2012, Down From 2011 ...

2011 Q4 Commercial/Multifamily Mortgage Originations Up 13 Percent from 2010 Q4; 2011 Total Up 64 Percent from 2010 Total

Atlanta, GA – February 6, 2012 – (RealEstateRama) — Commercial/multifamily originations during the fourth quarter of 2011 were up 13 percent over the fourth quarter of 2010, but fell 7 percent from the third quarter of 2011, according to the Mortgage …

Read the full article: 2011 Q4 Commercial/Multifamily Mortgage Originations Up 13 Percent from 2010 Q4; 2011 Total Up 64 Percent from 2010 Total ...

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. – February 1, 2012 – (RealEstateRama) — Mortgage applications decreased 2.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Janua…

Read the full article: Mortgage Applications Decrease in Latest MBA Weekly Survey ...

CHFA Mortgage Rate hits a historic low of 3.250%

ROCKY HILL, CT – January 31, 2012 – (RealEstateRama) — The Connecticut Housing Finance Authority (CHFA) provides below-market rate mortgages to first- time homebuyers in the state. In January, CHFA’s interest rate dropped to a record low of 3.250 pe…

Read the full article: CHFA Mortgage Rate hits a historic low of 3.250% ...

New-Home Sales Slip 2.2 Percent in December

WASHINGTON, D.C. – January 26, 2012 – (RealEstateRama) — Following three consecutive months of gains, sales of newly built, single-family homes edged down 2.2 percent to a seasonally adjusted annual rate of 307,000 units in December, according to newl…

Read the full article: New-Home Sales Slip 2.2 Percent in December ...

Remodeling Market Index Rises to Five-Year High

WASHINGTON, D.C. – January 26, 2012 – (RealEstateRama) — Remodeling sentiment rose to the highest level in five years, according to the National Association of Home Builders’ (NAHB) Remodeling Market Index (RMI) for the fourth quarter of 2011. Relea…

Read the full article: Remodeling Market Index Rises to Five-Year High ...

California pending home sales lower in December; distressed sales rise as lenders push through more REOs, short sales, C.A.R. reports

LOS ANGELES, CA – January 25, 2012 – (RealEstateRama) — The CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) Pending Home Sales Index dropped as expected between November and December, tracking the annual seasonal slowdown. However, the index was hig…

Read the full article: California pending home sales lower in December; distressed sales rise as lenders push through more REOs, short sales, C.A.R. reports ...

Pending Home Sales Decline in December, Remain Above a Year Ago

Washington, DC – January 25, 2012 – (RealEstateRama) — After reaching a 19-month high, pending home sales eased in December but stayed above year-ago levels, according to the National Association of Realtors®.

Read the full article: Pending Home Sales Decline in December, Remain Above a Year Ago ...

December Illinois Home Sales Mark Sixth Month of Year-over-Year Gains 2011 Sales Close to 2010, Chicago PMSA Up 1.3 Percent

SPRINGFIELD, IL – January 23, 2012 – (RealEstateRama) — A combination of unseasonably mild weather, historically low mortgage rates and attractive market pricing led to a sixth straight month of increases in home sales, according to data released by t…

Read the full article: December Illinois Home Sales Mark Sixth Month of Year-over-Year Gains 2011 Sales Close to 2010, Chicago PMSA Up 1.3 Percent ...