Mortgage Applications Decrease in Latest MBA Weekly Survey
September 30, 2009 Posted by MBA
WASHINGTON, D.C. - September 30, 2009 - (RealEstateRama) — The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending September 25, 2009. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.8 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, […]
Mortgage Rates Down This Week Amid Concerns Over Labor Market
July 9, 2009 Posted by Freddie Mac
McLean, VA - July 9, 2009 - (RealEstateRama) — Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey® (PMMS®) in which the 30-year fixed-rate mortgage (FRM)averaged 5.20 percent with an average 0.7 point for the week ending July 9, 2009, down from last week when it averaged 5.32 percent. Last year at this time, the 30-year FRM averaged 6.37 percent.
Freddie Mac Settles Structured Pass-Through K Certificates
June 18, 2009 Posted by Freddie Mac
McLean, VA - June 18, 2009 - (RealEstateRama) — Freddie Mac (NYSE: FRE) today announced that it has settled the offering of its Series K-003 Structured Pass-Through Certificates (”K Certificates”), multifamily mortgage-backed securities intended to provide liquidity, stability and affordability to the nation’s multifamily housing market. The securities priced on June 5, 2009.
Builders Serving Active Adult Home Buyer Market See More Consumer Interest
June 4, 2009 Posted by NAHB
Washington, DC - June 4, 2009 - (RealEstateRama) — Builders of single-family housing for the active adult home buyer market reported an increase in traffic of prospective buyers during the first quarter of this year, according to the 55+ Housing Market Index (55+ HMI) released today by the National Association of Home Builders (NAHB). The component measuring traffic rose to 14, up from nine in the last quarter. The reported sales component, however, dropped five index points to 12 from the previous quarter’s 17. The drop in the reported sales component pushed the overall 55+ HMI down from 16 to 14.
Realtors See Buyers Returning to Market
May 14, 2009 Posted by NAR
WASHINGTON, DC - May 14, 2009 - (RealEstateRama) — Historically high housing affordability and low mortgage interest rates, combined with buyer opportunities in the distressed sales market, have increased home sales in many areas of the country.
Realtors to Carry Economic Recovery Goals to Capitol Hill
May 12, 2009 Posted by NAR
WASHINGTON, DC - May 12, 2009 - (RealEstateRama) — Thousands of Realtors® from across the country joined forces today with top industry experts from the housing, finance, government, academia and media arenas to inspire legislative and public policy action to stabilize the real estate market and spur economic recovery.
REALTORS® Move “Full Speed Ahead” Toward Tomorrow’s Real Estate Market
May 8, 2008 Posted by NAR
WASHINGTON, May 05, 2008. Things will be heating up in Florida this fall as the National Association of Realtors® convenes in Orlando for the 2008 REALTORS® Conference & Expo, November 7-10. This year’s conference, with the theme “Destination Success – Full Speed Ahead,” is expected to draw 25,000 Realtors® and guests as NAR continues its centennial celebration.
How Low Will Real Estate Go?
April 29, 2008 Posted by RealEstateRama
Though the national real estate market remains bleak–in some neighborhoods vacant homes outnumber those that are occupied and sellers are being forced to lower asking prices in a bid to lure bargain hunters–it’s assumed that when housing dips to a point where buyers think it represents a bargain, they’ll buy back in.
Selling Your Home In A Down Market
December 4, 2007 Posted by RealEstateRama
When Doreen Cardin first put her house on the market, she was hopeful that the house would find a buyer right away. Cardin’s husband, a mechanic, was unable to work. The loss of an income had proven tough for the young couple, who live 20 miles north of Seattle. They needed the money.
Commercial Market Shows Signs of Leveling Off
November 20, 2007 Posted by RealEstateRama
Commercial real estate market activity is expected to level out, suggesting stable business opportunities for commercial practitioners in the months ahead, according to a NATIONAL ASSOCIATION OF REALTORS® forward-looking index for the commercial real estate sectors.
