Your Property Path

  Mortgage Bankers Association for the week of  10/13/2010 Market Composite Index: (loan application volume)     increased 14.6 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index increased 14.8 percent compared with the previous week. Refinance Index:...

Mortgage Bankers Association for the week of  09/22/2010 Market Composite Index: (loan application volume)     decreased 0.2 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index decreased 0.3 percent compared with the previous week Refinance Index: dec...

30-year fixed-rate mortgage: Averaged 4.32 percent with an average 0.8 point for the week ending September 30, 2010, down from last week when it averaged 4.37 percent. Last year at this time, the 30-year FRM averaged 4.94 percent. The 15-year fixed-rate mortgage: Averaged a record low of 3.75 per...

Following on the success of the First Look program many larger banks are going to take a page from first look program. Banks will now allow local governments and nonprofits the ability to buy foreclosed homes before they are sold to private investors. The largest mortgage lenders in the country,...

First Look ProgramFannie levels the fieldWhat Is It Individuals and public entities are given a period of time, generally 15 days after a property is listed at HomePath.com. Homepath is the listing site for about 190,000 properties held by the GSEs. Individuals and public entities (read non profi...

Property Managers actively work on finding new ways to differentiate their services from the competition, we were interested to learn how many residential property managers see going green as a benefit.Going Green A small but growing demand from renters who are looking to live in an eco-friendly...

Mortgage Bankers Association for the week of  09/22/2010 Market Composite Index:(loan application volume)    decreased 1.4 percent on a seasonally adjusted basis from one week earlier.  Refinance Index: decreased 0.9 percent from the previous week, which is the third straight weekly decrease. Pu...

  The coming FHA reforms will help stabilize FHA's financial viability. FHA will be allowed to raise premiums. The cap on the maximum annual FHA insurance premium increases from 0.5% to 1.5% and for loans with high loan To Value ratios, 0.55% to 1.55%. But the real importance is how the reforms w...

Mortgage Bankers Association for the week of  09/08/2010 Market Composite Index: (loan application volume)     decreased 1.5 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index decreased 1.9 percent compared with the previous week . Refinance Index: d...

    30-year fixed-rate mortgage: Averaged 4.32 percent with an average 0.7 point for the week ending September 2, 2010, down from last week when it averaged 4.36 percent. Last year at this time, the 30-year FRM averaged 5.08 percent. The 15-year fixed-rate mortgage: Average 0.6 point, down from l...