30-year fixed-rate mortgage: Averaged 4.95 percent with an average 0.6 point for the week ending February 24, 2011, down from last week when it averaged 5.0 percent. Last year at this time, the 30-year FRM averaged 5.05 percent. .
The 15-year fixed-rate mortgage: Average 0.7 point, down from last week when it averaged 4.27 percent. A year ago at this time, the 15-year FRM averaged 4.40 percent.
Five-year indexed hybrid…
Added by Your Property Path on February 24, 2011 at 6:21pm — No Comments
Real Estate Porn
The search bunny keeps on going
Its interesting that online search for real estate is as strong as ever. Sales are miserable, people are afraid to buy. They no longer know what value and they have no job security. So, why is search so strong. Realtor.com President, Errol Samuelson notes that Online search is a critical measure of interest in real estate, especially now that more than 90 percent of buyers search for their homes…
Added by Your Property Path on February 23, 2011 at 4:19pm — No Comments
30-year fixed-rate mortgage: Averaged 5.0 percent with an average 0.7 point for the week ending February 17, 2011, down from last week when it averaged 5.05 percent. Last year at this time, the 30-year FRM averaged 4.93 percent.
The 15-year fixed-rate mortgage: Averaged 4.27 percent with an average 0.7 point, down from last week when it averaged 4.29 percent. A year ago at this time, the 15-year FRM averaged 4.33…
Added by Your Property Path on February 17, 2011 at 4:54pm — No Comments
Mortgage Bankers Association for the week of 2/16/2010
Added by Your Property Path on February 17, 2011 at 4:54pm — No Comments
Added by Your Property Path on February 10, 2011 at 1:05pm — No Comments
30-year fixed-rate mortgage: Averaged 5.05 percent with an average 0.7 point for the week ending February 10, 2011, up from last week when it averaged 4.81 percent. Last year at this time, the 30-year FRM averaged 4.97 percent.
The 15-year fixed-rate mortgage: Averaged 4.29 percent with an average 0.7 point, up from last week when it averaged 4.08 percent. A year ago at this time, the 15-year FRM averaged 4.34 percent.
Five-year…
Added by Your Property Path on February 10, 2011 at 1:04pm — No Comments
Costs Will Increase For Buyers Regardless Of Credit Worthiness
Added by Your Property Path on February 9, 2011 at 5:05pm — No Comments
Case Shiller report shows a deceleration in the annual growth rates in 17 of the 20 MSAs. Housing generally leads the economy out of a recession. This time its not, housing is simply suffering. Not only is money tight but job creation is still a big hurt. In some cities, the decline over the last year was quite sharp.
David M. Blitze,chairman of S.&P.’s index committee tells the NY Times that a double-dip could be confirmed before spring. He goes on to say the series is now…
Added by Your Property Path on February 2, 2011 at 1:53pm — No Comments
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