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Federal Housing Finance Agency Reports Mortgage Interest Rates

Washington, DC - November 29, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some adjustable-rate mortgage (ARM) contracts, was 3.44 percent based on loans closed in October. There was a decrease of 0.12 from the previous month. In March of 2012, FHFA began calculating interest rates using un-weighted survey data.

California pending home sales post monthly and annual gains in October;share of equity sales...

LOS ANGELES, CA - November 22, 2012 - (RealEstateRama) -- California pending home sales rose both from the previous month and year in October for the first time in seven months, while the share of equity sales grew slightly, marking a four-year high, t...

Mortgage Applications Decrease in Latest MBA Weekly Survey

WASHINGTON, D.C. - November 21, 2012 - (RealEstateRama) -- Mortgage applications decreased 2.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 16, 2012. This week’s results include an adjustment to account for the Veteran’s Day holiday.

Housing Starts Up 3.6 Percent in October

WASHINGTON, D.C. - November 20, 2012 - (RealEstateRama) -- Nationwide housing production rose 3.6 percent in October to a seasonally adjusted annual rate of 894,000 units, according to the U.S. Commerce Department. This is the highest pace of new-home construction since July of 2008.

National Mortgage Settlement Monitor’s Report Released

MADISON - November 20, 2012 - (RealEstateRama) -- Attorney General J.B. Van Hollen announced that Wisconsin residents have begun taking advantage of relief offered under the National Mortgage Settlement, according to a report released by the Settlement...

Existing-Home Sales Rise in October with Ongoing Price and Equity Gains

WASHINGTON, DC - November 19, 2012 - (RealEstateRama) -- Sales of existing homes increased in October, even with some regional impact from Hurricane Sandy, while home prices continued to rise due to lower levels of inventory supply, according to the National Association of Realtors®.

MBA Chairman Debra Still Reacts to FHA Actuarial Report

WASHINGTON, D.C. - November 16, 2012 - (RealEstateRama) -- Debra W. Still, CMB, Chairman of the Mortgage Bankers Association (MBA), issued the following statement today reacting to the release of the Federal Housing Administration’s (FHA) actuarial report on the Mutual Mortgage Insurance (MMI) Fund for single family programs (which differs from the GI/SRI fund that supports FHA’s multifamily programs).

California housing market continues strong performance in October

LOS ANGELES, CA - November 16, 2012 - (RealEstateRama) -- California’s housing market continued its momentum in October, posting strong year-over-year sales and price gains in nearly every county of the state, the CALIFORNIA ASSOCIATION OF REALTORS®...

Mortgage Delinquency and Foreclosure Rates Decreased

WASHINGTON, D.C. - November 15, 2012 - (RealEstateRama) -- The delinquency rate for mortgage loans on one-to-four-unit residential properties fell to a seasonally adjusted rate of 7.40 percent of all loans outstanding as of the end of the third quarter of 2012, a decrease of 18 basis points from the second quarter of 2012, and a decrease of 59 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. The non-seasonally adjusted delinquency rate increased 29 basis points to 7.64 percent this quarter from 7.35 percent last quarter. Delinquency rates typically increase between the second and third quarters of the year.

Sales, Prices Remain Higher than 2011

Denver, CO – November 15, 2012) - October saw a continuation of the trend throughout the year, with both home prices and home sales rising above the levels seen one year ago. In the October RE/MAX National Housing report, a survey of MLS data in 52 metropolitan areas, closed transactions increased 17.8% over October 2011. The Median Home Price rose 2.1% higher than the median seen last October, representing the ninth month in a row that prices have been higher than the same month last year. The falling Inventory is a significant concern in many markets

Mortgage Applications Increase in Latest MBA Weekly Survey

WASHINGTON, D.C. - November 14, 2012 - (RealEstateRama) -- Mortgage applications increased 12.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 9, 2012.

South Carolina REALTORS® Release October Market Numbers

COLUMBIA, S.C. - November 14, 2012 - (RealEstateRama) -- South Carolina REALTORS® (SCR) today released its October Statewide Market Reports. It's been a comeback year for the housing market. As we round out the remaining two months of the year, let's ...

Higher home prices reduce California housing affordability, C.A.R. reports

LOS ANGELES, CA - November 13, 2012 - (RealEstateRama) -- Rising home prices offset lower interest rates, reducing housing affordability in California during the third quarter of 2012, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) reported today.

Third Quarter Commercial/Multifamily Mortgage Originations Down 7 Percent from Q3 2011

Washington, DC - November 13, 2012 - (RealEstateRama) -- Commercial and multifamily mortgage origination volumes during the third quarter of 2012 were seven percent lower than during the third quarter 2011, 17 percent lower than during the second quarter of 2012 and up 15 percent year-to-date from last year’s year-to-date levels, according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.

FEMA Announces Temporary Housing Rental Assistance Increase in New York and New Jersey

WASHINGTON, D.C. - November 8, 2012 - (RealEstateRama) -- As part of ongoing efforts to ensure families and individuals impacted by Hurricane Sandy get the support they need, the Federal Emergency Management Agency (FEMA) announced today that the agenc...

Rep. McCarthy Announces Rental Assistance Increase for Hurricane Sandy Victims

GARDEN CITY, NY - November 8, 2012 - (RealEstateRama) -- Rep. Carolyn McCarthy (D-NY4) announced that the amount of temporary rental assistance for storm survivors in her district available through the Federal Emergency Management Agency (FEMA) is incr...

Storm Leads to Decrease in Mortgage Applications

WASHINGTON, D.C. - November 7, 2012 - (RealEstateRama) -- Mortgage applications decreased 5.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 2, 2012.

Realty Executives Hosts Charitable Event

Westmont, IL - December 21, 2012 - (RealEstateRama) -- Realty Executives of Illinois, Executive Council hosted "BOO~ling For Wishes" on Wednesday October 24. There were over 70 Halloween costumed guests in attendance for Cosmic Bowling, raffles, and a ...

Apartment Market Expansion Continues as Growth Rate Moderates

WASHINGTON, D.C. - November 1, 2012 - (RealEstateRama) -- Apartment markets improved across all areas for the seventh quarter in a row, but the pace of improvement moderated according to the National Multi Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions. The survey’s indexes measuring Market Tightness (56), Sales Volume (51), Equity Financing (56) and Debt Financing (65) all measured at 50 or higher, indicating growth from the previous quarter.

Coldwell Banker’s Laleh Hedayat: A One-Stop Shop for Residential Real Estate

Torrance, CA - October 31, 2012 - (RealEstateRama) -- When buying or selling a home, it has always been vital to have an agent who understands the local market and the complexities behind each transaction. However, as the multifaceted real estate busin...

Business Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.

Recent Gov & Nonprofit Real Estate Press Releases

Support Ukrainian Refugees

GFP Real Estate and Its Tenants Raise More Than $200,000 to...

GFP Real Estate is pleased to announce that its "Support Ukraine in Crisis" campaign raised more than $200,000 to support humanitarian relief efforts on the ground in Ukraine.