Mortgage Rates & News from The Mortgage Reports

Existing Home Sales : Amid Rising Sales, Inventory Down 20.6%

Karen Lawson — Wed, 23 May 2012 03:00:26 PDT

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.

Click for the complete post : Existing Home Sales : Amid Rising Sales, Inventory Down 20.6%.

Mortgage Rates : Real-Time MBS Pricing, May 22, 2012

Joe Farr — Tue, 22 May 2012 08:53:20 PDT

Real-time mortgage market updates for May 22, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.

Click for the complete post : Mortgage Rates : Real-Time MBS Pricing, May 22, 2012.

Low Mortgage Rates Push Maryland Town To #1 Affordability Spot

Dan Green — Tue, 22 May 2012 05:58:20 PDT

Home affordability has never been higher in recorded history. Does your town rank in the Top 5?

Click for the complete post : Low Mortgage Rates Push Maryland Town To #1 Affordability Spot.

Record-Low Mortgage Rates : Theory Vs. Practice

Rob Chrisman — Tue, 22 May 2012 03:00:47 PDT

Refinances outnumbered purchase transactions 3-to-1 last week, according to the Mortgage Bankers Association.

Click for the complete post : Record-Low Mortgage Rates : Theory Vs. Practice.

Low Mortgage Rates Pump Buyer, Builder Confidence

Karen Lawson — Tue, 22 May 2012 03:00:43 PDT

The National Association of Home Builders/Wells Fargo builder sentiment index reported its highest levels of builder confidence in 5 years in May

Click for the complete post : Low Mortgage Rates Pump Buyer, Builder Confidence.

Mortgage Rates : Real-Time MBS Pricing, May 21, 2012

Joe Farr — Mon, 21 May 2012 08:54:42 PDT

Real-time mortgage market updates for May 21, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.

Click for the complete post : Mortgage Rates : Real-Time MBS Pricing, May 21, 2012.

3 Reasons Why You Might Not Get Freddie Mac’s 3.79% Mortgage Rate

Dan Green — Mon, 21 May 2012 04:51:10 PDT

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.

Click for the complete post : 3 Reasons Why You Might Not Get Freddie Mac’s 3.79% Mortgage Rate.

At 3.79 Percent, Mortgage Rates Plumb New Lows

Rob Chrisman — Mon, 21 May 2012 03:15:12 PDT

Mortgage lenders are gearing up for another Refi Wave.

Click for the complete post : At 3.79 Percent, Mortgage Rates Plumb New Lows.

Mortgage Rates In Motion : Weekly MBS Prices At 5-Minute Intervals

Joe Farr — Fri, 18 May 2012 09:00:31 PDT

Real-time mortgage market updates for May 18, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.

Click for the complete post : Mortgage Rates In Motion : Weekly MBS Prices At 5-Minute Intervals.

Federal Reserve Comments Set Mortgage Rates On Downward Trajectory

Dan Green — Fri, 18 May 2012 04:30:29 PDT

The Federal Reserve stands ready for more stimulus. Mortgage rates react.

Click for the complete post : Federal Reserve Comments Set Mortgage Rates On Downward Trajectory.

FHA Mortgages For Condos : Guidelines About To Loosen?

Karen Lawson — Fri, 18 May 2012 03:30:58 PDT

Quietly, the FHA has been formulating changes to its condo mortgage guidelines.

Click for the complete post : FHA Mortgages For Condos : Guidelines About To Loosen?.

Mortgage Rates : Real-Time MBS Pricing, May 17, 2012

Joe Farr — Thu, 17 May 2012 09:03:51 PDT

Real-time mortgage market updates for May 17, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.

Click for the complete post : Mortgage Rates : Real-Time MBS Pricing, May 17, 2012.

Mortgage Rates Respond To Housing Starts Data

Dan Green — Thu, 17 May 2012 06:54:46 PDT

Housing Starts rose for the third-straight month. Here's what it's doing to mortgage rates.

Click for the complete post : Mortgage Rates Respond To Housing Starts Data.

The Basics Of JPMorgan’s $2 Billion Gaffe

Rob Chrisman — Thu, 17 May 2012 03:30:23 PDT

The most lasting effect of JPMorgan's losing $2 billion bad bet will be to its reputation.

Click for the complete post : The Basics Of JPMorgan’s $2 Billion Gaffe.

Fewer Than 1% Of Homes In Foreclosure Nationwide, Reports MBA

Karen Lawson — Thu, 17 May 2012 03:00:30 PDT

The Mortgage Bankers Association (MBA) reports that mortgage defaults have fallen below expected levels.

Click for the complete post : Fewer Than 1% Of Homes In Foreclosure Nationwide, Reports MBA.

Mortgage Rates : Real-Time MBS Pricing, May 16, 2012

Joe Farr — Wed, 16 May 2012 09:00:50 PDT

Real-time mortgage market updates for May 16, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.

Click for the complete post : Mortgage Rates : Real-Time MBS Pricing, May 16, 2012.

New Construction Market Expected To Soar This Summer

Dan Green — Wed, 16 May 2012 05:15:34 PDT

Buyers of new construction are on the clock. Builder confidence is rising and new home sales are expected to pop.

Click for the complete post : New Construction Market Expected To Soar This Summer.

Federal Reserve : Lack Of Congressional Direction Slowing Mortgage Lending

Karen Lawson — Wed, 16 May 2012 03:00:47 PDT

Federal Reserve Governor Elizabeth Duke said mortgage lending is suffering because the "rules of the game" keep changing.

Click for the complete post : Federal Reserve : Lack Of Congressional Direction Slowing Mortgage Lending.

Mortgage Rates : Real-Time MBS Pricing, May 15, 2012

Joe Farr — Tue, 15 May 2012 09:00:22 PDT

Real-time mortgage market updates for May 15, 2012. Updates provided by MBSQuoteline, an MBS subscription provider for loan officers.

Click for the complete post : Mortgage Rates : Real-Time MBS Pricing, May 15, 2012.

Refinance Frenzy : Nearly 40% Abandon 30-Year Fixed Rate Mortgage

Dan Green — Tue, 15 May 2012 06:45:11 PDT

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.

Click for the complete post : Refinance Frenzy : Nearly 40% Abandon 30-Year Fixed Rate Mortgage.