Posted To: MND NewsWire The Mortgage Bankers Association (MBA) has released its Weekly Mortgage Applications Survey for the week ending August 19, 2011. With purchase mortgage applications at the lowest level since 1996, the Market Composite Index, a measure of mortgage application volume, decreased 2.4 on a seasonally adjusted basis from one week earlier. On [...]
Posts Tagged ‘Fall’
Mortgage applications fall to 15-year low
August 24th, 2011
admin Mortgage applications to purchase a home fell last week to a 15-year low, despite the lowest mortgage rates in decades. View full post on msnbc.com: Real estate Share and Enjoy:
New-home sales fall to five-month low
August 23rd, 2011
admin New U.S. single-family home sales fell more than expected in July to hit a five month low, new data show, as 2011 shapes up to be worst year on record for the market. View full post on msnbc.com: Real estate Share and Enjoy:
Early-Stage Delinquency Deteriorates as Foreclosures Fall
August 22nd, 2011
admin Without adjusting for seasonality and excluding foreclosures, the 30-day delinquency rate climbed 32 basis points from the first quarter, the Mortgage Bankers Association reported. "It is clear that the downward trend we saw through most of 2010 has stopped," the trade group’s chief economist said in the report. But foreclosures retreated 9 BPS from the [...]
Home Sales Fall in July As Outlook Turns Darker
August 18th, 2011
admin Sales of single-family existing home sales fell 4% in July after a 1% increase in June, but condominium sales were unchanged month over month, according to the National Association of Realtors. View full post on National Mortgage News Share and Enjoy:
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