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Today's Real Estate News Provided by Inman News
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Thursday, December 27, 2012
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Mortgage And Real Estate News | ||
Remarkable Absence of Mortgage Rate Volatility It happens, but it's rare. A Fed "dot plot" day has come and gone with mortgage rates almost perfectly unchanged from the previous day. This speaks to the level of indecision not only in the market, b... | ||
HELOC, Marketing, Down Payment Products; STRATMOR Tech Survey; Compliance B... Today we hear from the U.S. Federal Reserve. We can expect no change to overnight fed funds. As pointed yesterday by Dr. Paul Brewbaker, the economist who spoke here at the MBA Hawai’i conference, the... | ||
Mortgage Rates Slightly Lower Ahead of Fed Day Mortgage rates continue operating in a narrow range with almost every day of the past two months falling between 6.8 and 7.0% for a top tier 30yr fixed scenario. Today's average rate fell 0.03 after m... | ||
Marketing, Broker, Processing, MSR Trading Platform; LOs and MISMO; Webinar... In Spain, Spaniards are shooting water pistols at foreigners to protest the impact of mass tourism: it has created a housing crunch. Tourism in the United States is down considerably, especially from ... | ||
Mortgage Rates Drift Slightly Higher to Start The Week While there's been no shortage of political and geopolitical headlines over the past 2 business days, there hasn't been much by way of inspiration for the bond market. Bonds (and, thus, rates) have mo... | ||
Cook County DPA, Processing Automation, LO Pricing Tools; Mortgage Cost Map... Any food science major will tell you that the difference between jelly and jam is that jam has chunks of fruit in it; jelly is strained. There is also a difference in costs in our biz. Here in Honolul... | ||
Mortgage Rates Bounce But Remain Lower on The Week The top tier 30yr fixed mortgage rate index rose 0.04% on Friday, which would be a medium-sized defeat in and of itself. In the broader context, however, it was an acceptable adjustment on what has ot... | ||
Purchase Demand Near 2 Year Highs; Refis Bounce Back After a Memorial Day-induced lull, mortgage application activity rebounded sharply last week, according to the Mortgage Bankers Association’s (MBA) latest survey. Both purchase and refinance demand cl... | ||
2nd Lien Reverse, Borrower Aid, Legal Counsel Products; FHA, USDA, VA Chang... Hey, for you LOs who think things are slow, you can always go into golf. The best example of this is ex-LO Ben Griffin who has racked up $11 million in PGA winnings! A large number of professional ath... | ||
Lowest Mortgage Rates in More Than a Month Mortgage rates being offered today are only a hair lower for the average lender than they were on June 4th, but June 4th was the best day since early May. In other words, today's average rate is... | ||
Correspondent, Jumbo, POS Tools; Fairway/Hallmark Deal; HELOC, 2nd, Non-QM ... “I was always a home builder, but lately I’ve developed an apartment complex.” Here in Florida, so many structures are made of stucco because stucco is fairly inexpensive, creates a great finished loo... | ||
Mortgage Rates Fall as Inflation Data Comes in Soft After a calm start to the week on Monday and Tuesday, we were likely to see a bit more volatility on Wednesday due to important events on the calendar. The first was the morning's release of the Consu... | ||
Processing, Non-QM, LOS, Warehouse Tools; Legal Firm and Compliance News Here in Tampa, I was walking through the hotel bar last night when I overheard someone say, “Age 60 might be the new 40, but 9:00 PM is the new midnight.” True dat. (There is also plenty of attention ... | ||
Mortgage Rates Inch Slightly Lower It was a fairly boring day on what has turned out to be a fairly boring week so far for mortgage rates. After Friday's larger spike, we've seen a microscopic recovery on each of the past 2 days.... | ||
LO Survey; Dashboard, MERS Audit, POS, Sevicing, Audit Tools; LOs and Real ... “Why is Ireland so expensive? House prices are always Dublin'.” Those days are temporarily over in the United States, and the pendulum is quickly swinging to more inventory and price cuts in many plac... | ||
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