Today’s News Synopsis: Apartments are the driving force for economic recovery right now as more and more people are choosing to live here. On a monthly basis, mortgage applications increased in January, although on a weekly basis they actually decreased from last week. 216,000 new jobs were added to the private
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Posts Tagged ‘jobs’
March 7th, 2012
March 5th, 2010
According to Callahan & Associates, the credit union industry originated $95bn from residential mortgages in 2009. The Labor Department reports that 36,000 jobs were lost in February. Chris Kotowski predicts that Fannie Mae and Freddie Mac may force other lenders to to buy back $21 billion of home loans this year. $4.1 billion in lending was sought from the Federal Reserve throughout the last six months.
February 3rd, 2010
According to the MBA, mortgage application volume increased by 21 percent on a seasonally adjusted basis from last week. Lender Processing Services reports that home delinquency rates increased to 10 percent from November. Inman and GMAC expect that job losses will increase in the real estate industry.