The Commerce Department announced that housing starts were up 0.2% in May, reaching a three month high. Find out how low fuel costs and historically low mortgage rates are keeping the housing sector strong.
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Tag Archives | Mortgage Rates
Housing Starts Rise to Fastest Pace in Three Months
by Clayton Closson on June 16, 2005 in Market Update
Mortgage Applications Rise 6.5%
by Clayton Closson on June 8, 2005 in Market Update
The Mortgage Bankers Association reports that refinance applications surged last week, rising to a 42.9% share of mortgage applications. Find out how the unanticipated drop in mortgage rates is fueling a new wave of refinancing.
Mortgage Applications Rise In New Survey
by Clayton Closson on May 26, 2005 in Market Update
The Mortgage Bankers Association reported that mortgage applications increased 4.3% last week, a significant turnaround from the 10.5% drop two weeks ago. Read more about what's happening with mortgage applications.
Mortgage Applications Jump 9.4% In Latest Survey
by Clayton Closson on May 11, 2005 in Home Buying
The Mortgage Bankers Association reported today that mortgage applications for the week ending May 6, 2005 increased 9.4% with the purchase and refinance indices both posting gains. read more about the report And mortgage rates.
Fed Raises Rates 25 Points
by Clayton Closson on May 3, 2005 in Market Update
The Federal Reserve just announced that it was raising the Federal Funds rate by .25% as anticipated. Find out what this means for mortgage rates.
New Home Sales Post Highest Gain on Record
by Clayton Closson on April 26, 2005 in Home Sales
The Commerce Department announced that New Home Sales were up 12.2% in March, the highest gain on record. Find out what this means for the housing market.
Housing Starts Tumble 17.6% in March
by Clayton Closson on April 19, 2005 in Market Update
Dropping to their lowest level since 1991, housing starts slowed to a 1.837 million annual rate. Read more about the report below.
Mortgage Application Volume Jumps 6.1% in Latest Survey
by Clayton Closson on April 13, 2005 in Home Buying
The Mortgage Bankers Association reported that mortgage applications rose 6.1% last week, with the purchase and refinance shares both posting gains. Read more about the report below.
Understanding Credit Reports and Scores
by Clayton Closson on April 11, 2005 in Home Buying
Your credit score is a numeric representation of your financial responsibility that lenders look at every time you apply for credit. Find out how your credit score is calculated and see answers to common credit misconceptions.
New Home Sales Rise 9.4% in February
by Clayton Closson on March 24, 2005 in Home Buying
February saw new home sales surge 9.4% to a 1.226 million annual rate. See what's driving the housing market and if the trend is likely to continue.
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