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RECENT BLOG POSTS
 Mortgage Bankers Association for the week of 3/3/2010 Market Composite Index: (loan application volume) increased 14.6 percent on a seasonally adjusted basis from one week earlier. Refinance Index: increased 17.2 percent from the previous week and the seasonally adjusted Purchase Index increase...
03/04/2010
30-Year Fixed-Rate Mortgage Over 5 Percent   30-year fixed-rate mortgage: Averaged 5.05 percent with an average 0.7 point for the week ending February 25, 2010, up from last week when it averaged 4.93 percent. Last year at this time, the 30-year FRM averaged 5.07 percent. The 15-year fixed-rate ...
02/25/2010
Mortgage Bankers Association for the week of  2/24/2010 Market Composite Index: (loan application volume) decreased 8.5 percent on a seasonally adjusted basis from one week earlier Refinance Index: decreased 8.9 percent from the previous week. The seasonally adjusted Purchase Index decreased 7.3...
02/25/2010
    COP, established by Congress in 2008 to oversee the $700 billion Troubled Asset Relief Program (TARP), is concerned about our small banks. They are the lenders to about half of all small business and about 3000 small bank are exposed to commercial real estate. COP expects $200 to $300 billion...
02/24/2010
The Bedrock Asset That Was Residential property is our single largest asset and mortgage debt, when paid, constitutes the largest financial assets in most economies. The great American housing boom caused home prices to outpace rental growth. A historic first. It seems clear that the housing boo...
02/24/2010
Real-estate investment trusts sold $24 billion in new stock last year, raising to profit from commercial-property distress by picking up high-quality real estate at bargain prices. But they are having trouble finding deals. Tishman Spier, recently handed the keys back to the banks. Peter Cooper ...
02/18/2010
Lenders may be beginning to open up as they see some signs of an economy that is stabilizing. Data released by the Mortgage Bankers Association (MBA) notes commercial and multifamily mortgage originations rose 12% in the fourth quarter year over year. Loan originations in the fourth quarter also...
02/18/2010
  Mortgage Rates: Peeking Into The Future Follow the ten year bond When bond yields drop, so do mortgage rates. Conversely, when yields rise, so go mortgage rates. In mid December, the 10-year bond yield was just over 2%, The 10-year bond yield fell now stands at 3.57%. Afraid that rapidly rising...
02/16/2010
The key to mainstreaming green homes is to make sure that consumers understand the value of green upgrades, how cost-effective energy efficiency can be in the long run. Consumers want homes that are environmentally friendly and home values should reflect the increased savings. Better Homes and Ga...
02/16/2010
Mortgage Bankers Association for the week of 2/10/2010 Market Composite Index: (loan application volume) decreased 1.2 percent on a seasonally adjusted basis from one week earlier Refinance Index: increased 1.4 percent from the previous week and the seasonally adjusted Purchase Index decreased 7...
02/11/2010
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