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Home Defaults Dropped For The 7th Month In A Row In August

Posted by Matt Hennessy on September 16, 2010 in Foreclosures

Despite foreclosure filings surpassing 300,000 for the 18th straight month, RealtyTrac’s monthly foreclosure report shows some bright spots for housing.

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Home Affordability Gets A Boost From Weak Back-to-School Retail Receipts

Posted by Matt Hennessy on September 15, 2010 in Retail Sales

The recent rise in mortgage rates was slowed this week after the government released its Retail Sales report for August.

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The Math Of Choosing A Great Closing Date

Posted by Matt Hennessy on September 14, 2010 in Mortgage Rates

Want a lower mortgage rate on your upcoming home buy? Think about moving up the closing date.

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What’s Ahead For Mortgage Rates This Week : September 13, 2010

Posted by Matt Hennessy on September 13, 2010 in Weekly Review

A shift in Wall Street sentiment caused mortgage markets to worsen last week. Fears of a double-dip recession are easing.

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Your ARM Is Adjusting Lower. Is There A Downside To Letting It?

Posted by Matt Hennessy on September 10, 2010 in Adjustable Rate Mortgages

Adjusting conforming mortgages are adjusting to as low as 3 percent. If you have one, should you let your rate fall? Or refinance out?

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Which Model Is More Accurate : The Case-Shiller Index Or The Home Price Index?

Posted by Matt Hennessy on September 9, 2010 in Home Values

As a home buyer and/or homeowner, should you put your faith in Case-Shiller’s results, or the Home Price Index. Perhaps, the answer is neither.

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Home Sales Are Back On The Rise After A 2-Month Pullback

Posted by Matt Hennessy on September 8, 2010 in Pending Home Sales

Just one week after reports of Existing Home Sales and New Home Sales plunging, the housing market signaled that the next few months may fare better than did May and June.

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What’s Ahead For Mortgage Rates This Week : September 7, 2010

Posted by Matt Hennessy on September 7, 2010 in Weekly Review

Mortgage rates worsened 3 days in a row last week for the first time since late-April.

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August 2010 Jobs Report Pushes Mortgage Rates Higher

Posted by Matt Hennessy on September 3, 2010 in Jobs

On the first Friday of each month, the Bureau of Labor Statistics releases Non-Farm Payrolls data for the month prior. 54,000 jobs were created in August.

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August’s Fed Minutes Lead Mortgage Rates Higher

Posted by Matt Hennessy on September 2, 2010 in FOMC

Home affordability took a slight hit this week after the Federal Reserve’s release of its August 10 meeting minutes.

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