The average interest rates for conventional 30-year fixed rate mortgages moved from 4.48 percent in November to 4.54 percent in December according to the Federal Housing Finance Agency’s (FHFA) Monthly Interest Rate Survey, an increase of six basis points. […]
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Sales of existing homes fell again last week and despite an increase in sales two weeks ago, transactions have fallen nearly eight percent in the last month according to the National Home Sales Snapshot released by DataQuick. […]
Applications for home mortgages were lower last week according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 24th, 2014. […]
The number of homeowners in need of a loan modification continued to dwindle in November according to HOPE NOW, the voluntary, private sector alliance of mortgage servicers, investors, mortgage insurers and non-profit counselors. […]