Conforming mortgage rates continue to drop.
The economic and housing recovery continues nationwide, but the recovery remains an uneven one.
Despite an improving U.S. economy, the nation’s banks remain cautious about what they will lend, and to whom.
WASHINGTON (April 26, 2012) – Pending home sales increased in March and are well above a year ago, another signal the housing market is recovering, according to the National Association of Realtors®. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, rose 4.1 percent to 101.4 in March from an upwardly revised 97.4 in […]
After a brief surge north 4 percent last month, mortgage rates have settled back near their lowest levels of all-time.
Beginning April 9, 2012, the FHA is once again raising mortgage insurance premiums (MIP) on its newly-insured borrowers throughout Indiana and the country. It’s FHA’s fourth such increase in the last two years. Beginning April 2012, upfront mortgage insurance premiums will be higher by 75 basis points, or 0.75%; and annual mortgage insurance premiums will […]
The lingering recession has affected a large percentage of the population. But even during hard economic times we can think about thriving, not just surviving. If you are looking to make a change for the better in your life, searching for a new job, or simply want to sell your home and buy a new […]
After a series of months during which volume was low, foreclosure filings have started to rise again.
Tuesday, the Federal Open Market Committee voted to leave the Fed Funds Rate unchanged within its current target range of 0.000-0.250 percent.
Home affordability moved higher last quarter, boosted by the lowest mortgage rates in history, a rise in median income, and slow-to-recover home prices.