June 26th, 2008
In housing and mortgage news this week:
Despite the bad news/good news nature of the above developments, they are not as contradictory as they might seem. They do, however, have markedly different implications for existing home owners and potential buyers.
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Tags: 2008 , home sales , mortgage Posted in Weekly Wrap-Up | No Comments »
May 29th, 2008
Recently-released data on home sales sent mixed signals to prospective buyers:
While conflicting signals on housing might give home buyers reason to pause, two other developments might spur them to action:
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Tags: 2008 , home sales , mortgage , mortgage news , mortgage rates , US economy Posted in Weekly Wrap-Up | No Comments »
April 3rd, 2008
In a mixed week of news, perhaps the most important outcome is that mortgage rates remained at attractive levels:
As much as the above might seem a mix of good news and bad news, overall it translates to a decent environment for home and mortgage shoppers.
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Tags: Bernanke , borrowers , Federal Reserve , home sales , interest rates , lenders , mortgage , mortgage rates Posted in Weekly Wrap-Up | No Comments »
March 13th, 2008
Treasury Secretary Henry Paulson calls for national licensing for mortgage brokers in an effort to guard against fraud. He also calls for clearer disclosures to borrows on the terms of their home loans.
For more information see:
Paulson Wants Stronger Oversight of Mortgage Industry
Paulson says US blueprint calls for stronger oversight of mortgage lenders
Current Housing and Mortgage Market Developments
Tags: consumer information , home sales , housing market , lenders , mortgage , mortgage application , mortgage industry changes , mortgage lenders , US economy Posted in Daily Pick , Mortgage Videos | 2 Comments »