Sources: Five Banks Fall Over Weekend, National Tally at 38 Housing starts at highest level in nearly 4 years June New Home Sales Drop to Five-Month Low California notices of default down to lowest level since early 2007 Home Values Post First Year-Over-Year Increase Since 2007 Mortgage rates drop to historic lows Jobless claims fall Pending Sales
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Posts Tagged ‘Jones Lang LaSalle’
July 27th, 2012
May 23rd, 2011
The FBI said property crimes have dropped 2.5% in the West. A new study shows that homeowners at least two-months delinquent on their mortgage are more likely to strategically default. The Treasury Department released a free online calculator that provides borrowers with an estimate of whether or not they qualify for HAMP. Homeowner insurance premiums are increasing across multiple states.
March 9th, 2011
Mortgage applications increased 15.5% last week, according to the MBA. UCLA economists predict California’s unemployment rate will remain above 10% until 2013. Freddie Mac’s level of REO properties has grown 145.7% over the past two years. Obama threatened to veto bills terminating the Federal Housing Administration’s Short Refi and the Department of Housing and Urban Development’s Emergency Homeowner Loan Program.
February 3rd, 2011
Freddie Mac reports the average rate for 30-year mortgages increased to 4.81%. The Labor Department said jobless claims declined last week. Freddie Mac funded $15 billion worth of multifamily transactions through its multifamily whole loan and bond guarantee business in 2010. The Treasury Department expects the government to hit the $14.29 trillion debt limit before June.
November 18th, 2009
The MBA’s weekly survey shows that mortgage application volume decreased 2.5 percent on a seasonally adjusted basis. According to the Commerce Department, housing starts fell 8.5 percent in the West. Jones Lang LaSalle Inc. and Grubb & Ellis Co. believe that U.S. office vacancies may reach 20 percent.