Archive for March, 2009 « Previous Entries

Curtain May be Rising on a New Toxic Asset Mess

Tuesday, March 31st, 2009

It looks like the mortgage soap opera may be well into a new act and one doomsayer is predicting that there is a rotund woman with a horned helmet and a spear waiting in the wings. Iris Martin, writing in the Huffington Post on Monday set forth her claim…(a href=”http://www.mortgagenewsdaily.com/04012009_imperfect_title_problem.asp”read more/a)img src=”http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=64728″ width=”1″ height=”1″

Mortgage Rates are holding steady today

Tuesday, March 31st, 2009

MBS prices are up +1/32 which is about 1/32 higher than yesterday at this time.
Most of the the econ

Home Prices Down Nearly 20% in Metro Areas

Tuesday, March 31st, 2009

The Samp;P Case-Shiller U.S. home price index fell more than expected in January, with prices down nearly 20% from a year ago. The 20-city composite index posted a decline of 18.97% to a reading of 146.40. Economists had forecast an 18.60% drop. The…(a href=”http://www.mortgagenewsdaily.com/03312009_home_prices.asp”read more/a)img src=”http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=64611″ width=”1″ height=”1″

Mortgage Rates are heading down today

Monday, March 30th, 2009

MBS prices are up +6/32 , which is about 3/32 higher than Friday at this time.
A  decline in the st

Market Movers for the week of 3-30-09

Monday, March 30th, 2009

Tues 3/31
Chicago PMI
Confidence
Wed 4/1
ISM Manuf.
Pending Sales
Fri 4/3
Employment
ISM Services

Investors Demand Changes in Obama’s Housing Plan

Sunday, March 29th, 2009

Several mortgage investors have urged the government to amend its $75-billion housing rescue plan. T

Mortgage Rates Fall to Record Lows

Saturday, March 28th, 2009

Do you own a home, or maybe you are considering the purchase of a new home?
If so, you may have noti

First Horizon Loan Modification

Saturday, March 28th, 2009

First Horizon Loan Modification
First Horizon is a leading financial services company operating in

Why use a REALTOR, Part 3: Property is listed. Now what?

Friday, March 27th, 2009

Once the property is under listing agreement, the REALTOR still has plenty of work to do including

Freddie PMMS Shows Another Record Low Rates

Thursday, March 26th, 2009

For the third time in 2009 mortgage interest rates hit a new record low according to results of Freddie Mac#39;s Primary Mortgage Market Survey released this morning. During the week ended March 26 the 30-year fixed-rate mortgage (FRM) averaged 4.85…(a href=”http://www.mortgagenewsdaily.com/03262009_mortgage_rates.asp”read more/a)img src=”http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=63546″ width=”1″ height=”1″

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