Posts Tagged ‘freddie mac’

Southern States Are Where the Best Housing Market Appreciation is Found

February 23rd, 2017

Today’s News Synopsis: According to the latest report from Zillow, the Southern States are the places to go to find housing markets with the best appreciation.  The FHFA released their latest report showing a 1.5% increase in home prices in the fourth quarter.  Mortgage rates continue to remain steady due

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Default Rates for Bank Cards at Highest in Almost 4 Years According to Latest S & P/Dow Jones Indices

February 21st, 2017

Today’s News Synopsis: The latest S & P and Dow Jones Indices showed default rates for bank cards were at their highest in almost 4 years in January, up three basis points from 0.92%.  Several holders of hedge funds were unsuccessful in their attempt to have a ruling overturned that

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Housing Affordability at Lowest in 8 Years, Yet Still Remains Positive

February 16th, 2017

Today’s News Synopsis: The latest study from ATTOM Data Solutions showed that of the homes valued at a total of $4.9 trillion, 17.3 million of them are in zip codes where environmental hazards are a high risk.  The latest HUD and Census Bureau reports showed housing starts decreased 2.6% to

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MBA Reported Increase in Delinquencies on Mortgages in Fourth Quarter

February 15th, 2017

Today’s News Synopsis: The Mortgage Bankers Association reported a 3.7% decrease in mortgage applications from last week.  They also reported an increase in delinquencies in the fourth quarter, putting them now at 4.8%.  NAHB reported builder confidence decreased slightly to 65 but continues to remain stable. In The News: Mortgage Bankers Association –

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‘Mismatched Markets’ On the Rise for Many Customers

February 9th, 2017

Today’s News Synopsis: ATTOM Data Solutions reported seriously underwater properties decreased by 1 million year-over-year and 7.2 million from their bottom in 2012.  Mortgage rates continue to remain steady with 30-year rates at 4.17% and 15-year rates at 3.39%.  Trulia’s research showed more and more people are wanting homes not

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Fannie Mae Plans to Release Financial Results For 2016 and Fourth Quarter on Friday

February 8th, 2017

Today’s News Synopsis: The Mortgage Bankers Association reported a 2.3% increase in mortgage applications from last week.  HomeUnion released a list of the top cities where landlords could expect to see the best returns on rentals.  Fannie Mae plans to release the financial results for 2016 and for the fourth

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Sales of Distressed Properties in the U.S. at Lowest in 9 Years

February 2nd, 2017

Today’s News Synopsis: Freddie Mac reported mortgage rates continue to remain stable after increasing last week; 30-year rates now at 4.19% and 15-year rates at 3.41%.  Sales of distressed properties in the U.S. are at their lowest in nine years, making up 16.2% of single-family and condo sales.  The housing

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AppFolio Releases AppFolio Releases List of Markets Where Renting is the Most and Least Affordable

February 1st, 2017

Today’s News Synopsis: Homeownership and vacancy rates across the nation totaled 1.8% and 6.9% in the fourth quarter according to the latest Census Bureau report.  AppFolio just released their list of markets where renting is the most and least affordable.  Redfin and Sun Number also released their list of top

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Number of Single Women Home Buyers Twice as Many as Single Men

January 31st, 2017

Today’s News Synopsis: The latest S&P Case-Shiller Index showed a 5.6% increase in home prices last November.  The number of single women who buy homes is twice as many as single men.  The latest outlook on demand for multifamily properties was released by Freddie Mac, and they foresee a potential

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Miami Real Estate Becoming a Popular Venture for Russian Buyers

January 30th, 2017

Today’s News Synopsis: The Miami real estate market is becoming a more popular venture for Russian buyers.  The monthly outlook Freddie Mac puts out every month was just released for the month of January.  The National Association of Realtors reported an increase in pending home sales in the midst of

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