Posts Tagged ‘fixed-rate mortgages’

The Norris Group Real Estate News Roundup 1/28/14

January 28th, 2014

Today’s News Synopsis: Both the Standard and Poors and Case-Shiller indices indicated home prices increased by over 13% year-over-year, although month-over-month they decreased slightly by 0.1%.  U.S. loan delinquencies increased slightly by 0.26% month-over-month, although year-over-year they decreased by 9.85%.  Fixed-rate mortgage are becoming less popular with the increase in interest

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The Norris Group Real Estate News Roundup 10/18/12

October 18th, 2012

Today’s News Synopsis: Many numbers in the news today.  Mortgage rates decreased again with 30-years now at 3.37% and 15-years at 2.66%.  Foreclosure activity is at a low not seen in five years at 49,026.  Unemployment claims increased again and are now at 388,000. In The News: DS News– “Foreclosure Activity in California

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The Norris Group Real Estate News Roundup 6/7/12

June 7th, 2012

Today’s News Synopsis: Mortgage rates decreased again for the sixth week in a row and are at their lowest on record at 3.67%.  Unemployment claims decreased to 377,000 from 389,000 for the week ended June 2.  With the economic recession at its worst since the Great Depression, more Americans are being

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The Norris Group Real Estate News Roundup 5/17/12

May 17th, 2012

Today’s News Synopsis: Jobless claims remained at 370,000 despite economists predicting they would decrease to 365,000 this past week.  The number of people who can afford to buy a home is at its highest on record at 77.5%.  At the same time, foreclosures are at their lowest in five years. In The

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The Norris Group Real Estate News Roundup 10/17/11

October 17th, 2011

Today’s News Synopsis: A final ruling was approved today by the Federal Reserve Board that would require banks to submit resolution forms explaining how they would hanldle specific situations in stressful times.  There are now 80 failed banks with the recent seizure of four more institutions.  The Wall Street Journal reported

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The Norris Group Real Estate News Roundup 9/30/11

September 30th, 2011