Tag Archives: Mortgage
MBA Data Suggest Mortgage Demand for Home Purchase Is in Early Stages of Recovery
According to the Mortgage Bankers Association (MBA), the seasonally adjusted total mortgage applications index, a measure of mortgage demand, declined by 4.2 percent in the week ending on October 12, 2012. The reported decline in the weekly total mortgage applications … Continue reading
Mortgage Rates Change Little Following Employment Report
Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates edging slightly higher while remaining near their all-time record lows coming off the employment report for September. The 30-year fixed-rate mortgage (FRM) … Continue reading
Credit Dos and Don’ts When Securing a Mortgage
When it comes to securing a mortgage in today’s challenging lending environment, your credit rating is more important than ever before. Good credit is integral to obtaining the best interest rates and terms on a mortgage. Credit expert Peter Nagy … Continue reading
Credit Dos and Don’ts When Securing a Mortgage
When it comes to securing a mortgage in today’s challenging lending environment, your credit rating is more important than ever before. Good credit is integral to obtaining the best interest rates and terms on a mortgage. Credit expert Peter Nagy … Continue reading
Mortgage Rates Back to Record Lows
Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates at or near their all-time record lows, helping to keep homebuyer affordability high. The average 30-year fixed rate mortgage matched its … Continue reading
MBA Survey Shows Mortgage Applications on the Rise
Mortgage applications increased 11.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 7, 2012. This week’s results include the customary upward adjustment for the Labor … Continue reading
Mortgage Rates Change Little, Remain Near Record Lows
Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates declining or remaining the same from the previous week amid mixed economic data, and continuing to hover around their all-time record lows. The … Continue reading
Fixed Mortgage Rates Move Higher for Fourth Consecutive Week
Freddie Mac has released the results of its Primary Mortgage Market Survey® (PMMS®), showing fixed mortgage rates following long-term Treasury yields higher amid continued positive data on the housing market. This marks the fourth straight week of fixed mortgage rates … Continue reading
Ask the Experts: Don’t Gamble Funds Earmarked for Mortgage
(MCT)—Where’s the best place to park money to pay off a mortgage? Should elderly parents cancel their credit cards? This week, those questions get answered by Walt Romatowski, certified financial planner with Castellan Financial Advisors in Roseville, Calif. As one … Continue reading
Homeowners Can Receive Mortgage Counseling
Regional Spotlight—Wells Fargo & Company has invited nearly 40,000 Wells Fargo Home Mortgage, Wells Fargo Financial, and Wells Fargo Home Equity customers facing financial hardships to a New York City Home Preservation Workshop to be held next week in Brooklyn. … Continue reading