Archive for February, 2007

Mortgage Rates Mostly Lower As Concerns Over Housing Rise

Concern over the slowing housing market may be impacting
mortgage rates according to Frank Nothaft, Freddie Mac vice
president and chief economist, referring to the results of the
corporation’s Primary Mortgage Market Survey for last week. That survey
indicated a general downward drift in rates.
“Mortgage rates eased
a little more this week,” Nothaft said, “as market participants were
concerned over…”
[…]

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Low Long-Term Interest Rates Fuel Mortgage Applications

Mortgage applications are starting to look good; homeowners continue to refinance from adjustable rate mortgages that are about to adjust to higher rates and moving to safer fixed-rate mortgages.
Original post by Carol Williams (TopPropertiesRealEstate.com)

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Despite a Buyer’s Market New Home Sales Dip in January

Although sales of new homes fell this month, it’s not indicative of the current housing market. The market will need to see more data to see what trend housing is taking.
Original post by Carol Williams (TopPropertiesRealEstate.com)

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Investment Opportunity - Amman Airport Road

Real Estate For Sale: Farm, Amman Airport Road - Masooh, Amman, Amman, Jordan: Asking price $45
Original post by CNNMoney.com

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Mortgage Lending Made Easier with 3D Platform

Real estate lending professionals can take advantage of customizability
Real estate lending professionals now have another technology tool to help them with the process. Lender Support Systems (LSSI) has announced its Servicer 3D, which adds a new element of customizability for lenders in the real estate industry. Real Estate Technology News reports:

“The most important feature of […]

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Mortgages are not sexy party conversation

Part 3 of 4: The real estate blog revolution
Original post by CNNMoney.com

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RE/MAX buys back major regional operation

Region services 448 franchise offices
Original post by CNNMoney.com

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Dow’s freefall sinks overnight real estate rates

30-year fixed rate at 5.71%; 10-year Treasury yield at 4.51%
Original post by CNNMoney.com

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Rates fall, home loan apps rise

New purchases expand market share
Original post by CNNMoney.com

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Delinquency rates on home loans hit 4-year high

Fed reports fourth-quarter charge-offs doubled from 2005
Original post by CNNMoney.com

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New-home sales plummet in the West

Nationwide median price falls 2.1% in January
Original post by CNNMoney.com

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