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Category Archives: Market Conditions
Delinquency Rate Slips to Lowest Level since 2008
By: Esther Cho, DSNews.com, May 22nd, 2013 Month-end mortgage performance data in April continued to point to a recovery as delinquency and foreclosure rates posted record improvements, Lender Processing Services, Inc. (LPS) reported Wednesday. In April, the delinquency rate (30-plus … Continue reading
Builder Confidence Rises Along with Increase in Building Permits
RealtyTimes.com, May 22nd, 2013 Housing market improvements continue to be seen with builder confidence on the rise along with an increase in building permits. The U.S. Census Bureau and the Department of Housing and Urban Development reported that residential building … Continue reading
Average US Mortgage Rates Tick Higher
Associated Press, May 17th, 2013 Washington — Average US rates on fixed mortgages rose this week but remained near their historic lows. Cheaper mortgages have helped the nation’s economy by spurring more home buying and refinancing. Mortgage buyer Freddie Mac … Continue reading
Mortgage Squeeze Loosens, Somewhat
Realtytimes.com, May 16th, 2013 Some 8 percent of banks loosened mortgage credit recently and mortgage credit conditions have either loosened or held steady for eight of the past nine quarters. Full Story: http://realtytimes.com/rtpages/20130516_mtgsqueezeloosens.htm






