Your Property Path

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...

FHA Offers Short Refi Program For Underwater Homeowners In an effort to help responsible homeowners who owe more on their mortgage than the value of their property HUD adjusted its refinance program.  The changes will enable lenders to provide additional refinancing options to underwater homeowne...

Mortgage Bankers Association for the week of  08/25/2010 Market Composite Index: (loan application volume)   increased 4.9 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index increased 4.5 percent compared with the previous week. Refinance Index: incr...

30-year fixed-rate mortgage: Averaged 4.36 percent with an average 0.7 point for the week ending August 26, 2010, down from last week when it averaged 4.42 percent. Last year at this time, the 30-year FRM averaged 5.14 percent. The 15-year fixed-rate mortgage: Averaged a record low of 3.86 perce...

  Well, we all have heard the bad news, housing sales down again, hugely - 23% in the quarter. NAR reports that sales are at their lowest  since the  sales series launched in 1999, and single family sales are at the lowest level since May of 1995. And it doesnt look much better in the near term e...

30-year fixed-rate mortgage: Averaged 4.42 percent with an average 0.7 point for the week ending August 19, 2010, down from last week when it averaged 4.44 percent. Last year at this time, the 30-year FRM averaged 5.12 percent. The 15-year fixed-rate mortgage: Averaged a record low of 3.90 perce...

Mortgage Bankers Association for the week of  08/18/2010 Market Composite Index: (loan application volume)   increased 13.0 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index increased 12.4 percent compared with the previous week. Refinance Index:  i...

Mortgage Bankers Association for the week of  08/11/2010 Market Composite Index: (loan application volume) increased 0.6 percent on a seasonally adjusted basis from one week earlier.  On an unadjusted basis, the Index increased 0.4 percent compared with the previous week. Refinance Index:  incre...

30-year fixed-rate mortgage: Averaged 4.44 percent with an average 0.7 point for the week ending August 12, 2010, down from last week when it averaged 4.49 percent. Last year at this time, the 30-year FRM averaged 5.29 percent. The 15-year fixed-rate mortgage: Averaged a record low of 3.92 percen...

  June vacancy rates in the largest 64 markets in the country averaged 6.6%, down from 8.2% at the end of 2009, according to MPF Research. We certainly see the increase in rental demand in 2010, and it's been a little more, frankly, than most apartment experts had anticipated," said Mark Obrinsk...