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Mortgage rates have remained low, but ongoing financial unrest on Wall Street continues to have a negative impact on the national mortgage market.
The U.S. Census Bureau and the Department of Housing and Urban Development today announced that sales of new, single-family homes fell in the month of August, decreasing 11.5% from July’s numbers.
Despite rates remaining low, the surge of applications from the previous week did not continue, according to a report released today by the Mortgage Bankers Association.
To battle America's looming financial crisis, The Bush Administration has proposed a $700 billion package – but what's in it for you?
This morning the Mortgage Bankers Association (MBA), in its Weekly Mortgage Applications Survey for the week ending September 12, announced that loan applications surged 33.4 percent higher than the previous week.
Rapidly falling mortgage rates are bringing consumers seeking a mortgage out in droves, according to the report released today by the Mortgage Bankers Association. The association’s Weekly Mortgage Applications Survey, which measures week-over-week volume of people applying for a mortgage to either purchase a home or refinance an existing mortgage, showed loan application activity increased 9.5%.
While mortgage rates may have increased slightly over the past four years, they’re still the lowest they’ve been over the course of 25 years. So while we may be hearing that mortgage rates have increased, it’s still an excellent time to purchase or refinance with a low mortgage rate.
Selling your home this fall? Historically, the fall season brings on slower home sale activity. Here's how to make your home the highlight of the house-hunt. While curb appeal is still very important, what you do on the inside of your home can be equally as powerful.
Last year, FHA rolled out FHASecure, a loan program designed to help homeowners with adjusting ARMs (adjustable rate mortgages) get a fixed rate. Last month, FHA re-launched FHA Secure with some fresh new guidelines aimed at helping even more homeowners.