Mortgage markets worsened last week, taking mortgage rates higher. The Federal Open Market Committee meets this week.
How To Improve Your FICO Score
The credit score average for approved mortgage applicant was 750 last month. From The Today Show from NBC, here are basic tips to maximize your FICO.
Single-Family Housing Starts Rise To 4-Year High
According to the U.S. Census Bureau, on a seasonally-adjusted, annualized basis, Single-Family Housing Starts rose to 603,000 last month, an 11 percent increase from the month prior and the highest reading in more than 4 years.
Home Builder Confidence Moves To 6-Year High
Tuesday, the National Association of Homebuilders reported its monthly Housing Market Index (HMI) at 41, a one-tick improvement from September and the highest HMI value since June 2006 — a span of 77 months.
Buyers Win 6.6 Percent Increase In Purchasing Power
Home purchasing power is up 6.6% since the start of the year.
What’s Ahead For Mortgage Rates This Week : October 15, 2012
Mortgage markets improved slightly last week. With a dearth of new U.S. economic data due for release, investors turned their collective attention to the Europe, China, and the Middle East. U.S. mortgage rates fell slightly in the holiday-shortened week.
Florida Takes Top Foreclosure Slot For September 2012
According to foreclosure-tracking firm RealtyTrac, in September, the number of foreclosure filings nationwide fell 7 percent from the month prior, and fell 16 percent from September 2011.
Tips To Close Your Home Loan Faster, With Fewer Hassles
Mortgage volume is expected to remain high through the end of 2012 and into 2013. Follow these steps to help close your loan on time, and with few headaches.
What’s Ahead For Mortgage Rates This Week : October 9, 2012
Mortgage markets worsened last week for the first time in a month last week.
Fed Minutes Detail QE3 Discussion; Mortgage Rates Down
The minutes from the Federal Reserve’s September Federal Open Market Committee meeting were released Thursday.