Archive for May, 2009 « Previous Entries Next Entries »

Mid-Morning Recap: Markets Digest Mixed Economic News

Thursday, May 28th, 2009

Markets opened higher Thursday morning following the pre-session release of Durable Goods and Jobless Claims , but indexes began to fall after the 10am release of New Home Sales, which failed to gain as much as predictions. Roughly 90 minutes into the…(a href=”http://www.mortgagenewsdaily.com/05282009_mid_morning_update.asp”read more/a)img src=”http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=78346″ width=”1″ height=”1″

Minor Gain in April Sales of New Homes

Thursday, May 28th, 2009

No major surprises in the New Home Sales index for April. Sales of single-family houses saw a 0.3% advance to an annual pace of 352,000 in April, according to the Census Bureau on Thursday. The gain is minor, but some believe the housing market has shown…(a href=”http://www.mortgagenewsdaily.com/05282009_new_home_sales.asp”read more/a)img src=”http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=78326″ width=”1″ height=”1″

What is Escrow

Thursday, May 28th, 2009

When you buy a home you will be required to pay taxes and insurance on your home.  Instead of having

Loan Modification - Becoming More Open to Short Sales

Thursday, May 28th, 2009

ONE avenue for escaping foreclosure may be getting a little easier to navigate: the so-called short

Buying your dream house

Thursday, May 28th, 2009

If you have made a decision to buy a home, then you must be nervous about the amount of money you ne

Stop Foreclosure: Mortgage Refinance

Thursday, May 28th, 2009

The best way for any Homeowner to avoid foreclosure is most likely by a simple mortgage refinance. T

MakingHomeAffordable.Gov

Wednesday, May 27th, 2009

The new Obama foreclosure prevention Program known as the Making Home Affordable Plan was created to

Existing Home Sales Rise, FHFA Suggests Price Stabilization

Wednesday, May 27th, 2009

Sales of existing homes rose as expected in April, led by buyers in lower price ranges, according to the National Association of Realtors on Wednesday. Meanwhile, a report from the FHFA indicates prices may be stabilizing. Existing home sales increased…(a href=”http://www.mortgagenewsdaily.com/05272009_existing_home_sales.asp”read more/a)img src=”http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=77843″ width=”1″ height=”1″

Home Buyers Problems Often Begin at the Mortgage

Wednesday, May 27th, 2009

 
The process appears simple. You call a few real estate brokers about homes your interested in and

Loan Applications Fell Last Week, Says MBA

Wednesday, May 27th, 2009

Loan applications for mortgages decreased last week as average rates for a 30-year fixed rate mortgage ticked upwards, a weekly report said Wednesday. Loan applications decreased 14.2% in the week ending May 22, according to the Mortgage Bankers Association…(a href=”http://www.mortgagenewsdaily.com/05272009_loan_applications.asp”read more/a)img src=”http://www.mortgagenewsdaily.com/aggbug.aspx?PostID=77791″ width=”1″ height=”1″

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