Homebuilders Expect More Sales Volume This Year

March 17, 2011

According to the monthly Housing Market Index as published by the National Association of Homebuilders, after 4 straight months of reading 16, March homebuilder confidence ticked 1 point higher to 17. It’s the highest confidence reading in 10 months.

Read the full article →

A Simple Explanation Of The Federal Reserve Statement (March 15, 2011 Edition)

March 15, 2011

Today, for the second straight meeting, the Federal Open Market Committee voted unanimously to leave the Fed Funds Rate unchanged within its target range of 0.000-0.250 percent. The vote was 10-0.

Read the full article →

Your Mortgage Rate Strategy For Today’s FOMC Meeting

March 15, 2011

The Federal Open Market Committee meets today in Washington D.C. The FOMC is a special group within the Federal Reserve, led by Fed Chairman Ben Bernanke, and consisting of 12 members.

Read the full article →

What’s Ahead For Mortgage Rates This Week : March 14, 2011

March 14, 2011

Wall Street continued its flight-to-quality last week. Mortgage-backed bonds are now at their best levels since early-February. Mortgage rates have improved 4 straight weeks.

Read the full article →

FHA Streamline Refi Changes : No Income, No Job Required

March 11, 2011

FHA Streamline Refinance guidelines are changing. For the better. A lot more homeowners are suddenly eligible to refinance.

Read the full article →

Loan Fees Set To Rise For Conforming Mortgage Applicants

March 10, 2011

Beginning April 1, 2011, Fannie Mae is increasing its loan-level pricing adjustments. Conforming mortgage applicants should plan for higher loan costs in the months ahead.

Read the full article →

Federal Income Tax Deadline Extended To April 18, 2011

March 9, 2011

This year, federal income taxes aren’t due April 15.

Read the full article →

Home Affordability Peaked Last Quarter; Purchasing Power Sinks 10%

March 8, 2011

Home affordability reached an all-time high in 2010’s last quarter. Unfortunately for home buyers, it’s been a different story since, however.

Read the full article →

Military Personnel Can Still Claim The $8,000 Homebuyer Tax Credit

March 7, 2011

For certain members of the military, and for certain federal employees, there’s just 2 months remaining to get use the federal home buyer tax credit.

Read the full article →

FHA : Monthly Mortgage Insurance Premiums To Rise April 18, 2011

March 4, 2011

Effective for all FHA case numbers assigned on, or after, April 18, 2011, annual mortgage insurance premiums (MIP) will increase 25 basis points.

Read the full article →

← Previous Entries

Next Entries →