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Stock Market Volatility Good for Some Housing Markets, Bad for Others Instead of starting with a bang, 2016 kicked off with a plunge. On the first day of trading, Jan. 4, the American indexes recorded the biggest losses ever for a year-opening session. Read More...
Winning: Mortgage Rates Look Good for Spring Buying Season Mortgage rates moved higher for the second week in a row, while also only posting the second increase this year. This makes mortgage rates very attractive for the upcoming spring home buying season, Read More...
Mortgage Moves: Rates Drop, Refi Applications Surge Mortgage applications increased 9.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending February Read More...
Mortgage Applications Shoot Up 21 Percent Mortgage applications increased 21.3 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 8, 2016. Read More...
Foreclosure Starts Increase in October Foreclosure starts rose in October, according to the recent RealtyTrac® U.S. Foreclosure Market Report™ for October 2015, which shows foreclosure filings — default notices, scheduled auctions and Read More...
Underwater Properties Down 1.2 Million from Year Ago Underwater properties have continued to sink in numbers, according to the recently released RealtyTrac® Q3 2015 U.S. Home Equity & Underwater Report. The new data shows that as of the end of Read More...
Mortgage Applications Increase Mortgage applications increased 2.8 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 22, 2014. The Market Read More...
Paying Points May Save Money in the Long Run, but is It Right for You? When it comes to mortgages, choosing the right one is instrumental to successfully achieving the American Dream of homeownership. And for many buyers in today’s market, taking Read More...
Q: Should I Avoid an Adjustable Rate Mortgage ? A: Because adjustable rate mortgages, or ARMs, fluctuate with the market, they offer less stability than fixed-rate loans. If an ARM is adjusted upward, monthly payments will increase, and for a lot of people Read More...