Posted To: Mortgage Rate Watch Mortgages rates are unchanged to slightly lower today, after shying away from multi-month lows yesterday. A weaker than expected employment report helped underlying rates markets start the day off in good territory, but further progress was elusive. The net effect was insufficient to cause any mid-day reprices and left lenders’ [...]
Posts Tagged ‘Mortgage’
Net Down for Mortgage Insurer UGC
May 5th, 2012
admin United Guaranty Corp., the mortgage insurance subsidiary of American International Group, had operating income of $8 million in the first quarter, down from $14 million for the same period in 2011. The unit is among the top two private mortgage insurers in the U.S. with new insurance written of $6.5 billion during the quarter, up [...]
30-year mortgage rate dips to 3.88 percent
May 4th, 2012
admin The average rate on the 30-year fixed mortgage has dipped to near its record low, keeping home-buying and refinancing affordable. View full post on msnbc.com: Real estate Share and Enjoy:
Mortgage Rates Lower Following Employment Report
May 4th, 2012
admin Posted To: Mortgage Rate Watch Mortgages rates are at their best levels since early February following today’s weaker-than-expected Employment Situation report. The improvement was moderate versus yesterday’s offerings and the 30yr Fixed Conventional Best-Execution Rate remains unchanged at 3.875%. That means that today’s improvements would be seen in the form of lower borrowing costs or [...]
Mortgage Production Report Card
May 4th, 2012
admin Several firms are on their way to becoming billion-dollar players — some at a rapid pace — while others are already there. A few of the players are achieving the big numbers through commercial mortgage originations. More than $160 billion has been originated by community banks through Business Solutions since it launched in 2001. The [...]
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