Howard Sobel's (howardsf) Blog

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Services for Real Estate Pros - yourpropertypath.com
RECENT BLOG POSTS
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...
10/07/2010
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...
10/07/2010
First Look ProgramFannie levels the field What 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 pro...
10/06/2010
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, ...
10/06/2010
The City Place Project Mid Market project serves city divesity The project envisions a five story building between 5th and 6th on market added 250,000 sqft of retail space. Stevenson street would also get an upgrade as the area would be designated for micro vendors. The entire project respects th...
09/09/2010
  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 las...
09/09/2010
  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 homeow...
09/08/2010
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...
08/26/2010
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...
08/26/2010
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...
08/21/2010
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