Mortgage applications jump 21.7% on refinancing activity U.S. mortgage applications to refinance a home increased to their highest level in 11 weeks as home borrowing costs declined to their lowest levels since November, the Mortgage Bankers Association.Fannie Mae Cracks Down on Strategic Defaulters As a Deputy Chief Economist at Fannie Mae, Dr. Palim is responsible for overseeing the Economic and Strategic Research Group’s forecasting. straightforward rate and term refis are going to be down.
Of the 29 markets where home prices are still more than 50 percent below their peaks, 15 are in California and 11 in Florida. There is hope, though, for most homeowners in these markets: over the next five years, home prices in 24 of these 29 markets are projected to increase at higher than the projected annualized rate for the country as a whole.
Metro Area Foreclosures Remain High in First Half of 2010.. That’s more than five times the national average of one in every 78 housing units.. Here’s are the 20 metro areas with the highest.
More than 1.2 million foreclosures reported nationally in 2006MortgagePress.comColorado, Georgia, Nevada, Texas, Michigan, Indiana, Florida, Ohio, Utah, Tennessee RealtyTrac, an online marketplace for foreclosure properties, has released year-end data from its 2006 U.S. Foreclosure Market Report, which shows more than 1.2 million foreclosure filings were reported nationwide during the
"Foreclosure floodwaters receded somewhat in 2010 in the nation’s hardest-hit housing markets. Even so, foreclosure levels remained five to 10 times higher than historic norms in most of those hard-hit markets, where deep fault-lines of risk remain and could potentially trigger more waves of foreclosure activity in 2011 and beyond."
MBA: New home purchase applications slip back down View the latest mortgage applications data with charts for composite, A trend of declining purchase applications implies home buyer demand is shrinking.. but they moved back down today.Bank of America dissolves Merrill Lynch unit Lenders One: Lenders finally being forced to change 7.6 Million Borrowers Underwater on Mortgages: Study BofA vows to contact 200,000 underwater homeowners on loan. – Underwater homeowners are eligible if they live in the home, have a loan serviced by Bank of America and were at least 60 days delinquent on their mortgages as of Jan. 31. The cutoff date was imposed to keep borrowers from intentionally going delinquent in hopes of getting their principal chopped.One thing that can make it difficult to get a balloon mortgage refinanced is being underwater on your home, meaning you owe more on the home than it’s worth. Since most lenders like for homeowners to have 20% equity in their home before approving a refinance, having negative equity in your home isn’t a great look.Bank of America on Thursday said Andy Sieg will become the new head of its merrill lynch brokerage unit, effective Jan. 1. nicholas kamm AFP/Getty Images Merrill Lynch’s “Thundering Herd” of.
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· While rents have abated slightly in the past two years, nearly half of rental households pay more than 30 percent of their income in rent, and the rate is much higher in high-cost states and the.
Foreclosure activity in the first half of 2012 picked up in 125 of the 212 U.S. metros surveyed by RealtyTrac in the research firm’s latest Foreclosure. More than half of US metros post higher.
IRVINE, Calif. – April 12, 2018 – ATTOM Data Solutions, curator of the nation’s premier property database, today released its Q1 2018 U.S. Foreclosure Market Report, which shows a total of 189,870 U.S. properties with a foreclosure filing during the first quarter of 2018, up 4 percent from the previous quarter but still down 19 percent from a year ago and 32 percent below the pre-recession average of 278,912 per quarter from Q1 2006 to Q3 2007 – the sixth consecutive quarter where U.
Real-estate agents are showing up at our doorstep, encouraging us. more proactive than Colorado Springs in this regard. Developers there added nearly 4,000 apartment units during the first quarter,