Posts Tagged ‘Lennar Corp’ Releases List of States with Best Credit Scores

March 29th, 2016

Today’s News Synopsis:   Janet Yellen of the Federal Reserve spoke today to the Economic Club of New York warning people to take extra precautions with the increasing rates. released their own list of states with the best credit scores.  Credit Suisse required to pay $29 million to cover costs

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New 3% Mortgage Program by Freddie Mac Set to Begin Operation Monday

March 20th, 2015

          Sources: Builder Confidence Drops Two Points in March Commercial/Multifamily Mortgage Debt Outstanding Grew at the Fastest Pace Since 2007 Southern California home prices rise, sales fall in February Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage rates falling; 30-year drops to 3.78%, Freddie Mac says CoreLogic: More than 1 million homeowners regained equity in 2014 Non-Profit

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Consumers Can Now Publicly Voice Complaints in New CFPB Portal

March 19th, 2015

    Today’s News Synopsis: Despite REOs increasing 9%, foreclosure activity decreased 4% last month and is now at its lowest level in 9 years.  Mortgage rates decreased again according to Freddie Mac with 30-year rates now at 3.78% and 15-year rates at 3.06%.  The CFPB set up a new portal in

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Builder Confidence Highest in Nine Years

September 17th, 2014

            Today’s News Synopsis: The NAHB reported builder confidence increased to 59, bringing it to its highest level in nine years.  Mortgage applications also increased from last week by 7.9% according to the Mortgage Bankers Association.  Freddie Mac reported the multifamily sector is increasing drastically despite the housing market as a whole

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Mortgage Rates Below 2013 Levels

June 26th, 2014

  Today’s News Synopsis: Mortgage rates decreased again and are now at levels below 2014.   30-year rates now stand at 4.14%, and 15-year rates are at 3.22%.  The number of foreclosures completed is only half of what it was before according to a recent report by the Office of the Comptroller

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The Norris Group Real Estate News Roundup 3/27/12

March 27th, 2012

Today’s News Synopsis: According to the latest Case-Shiller index from Standard & Poors, home prices decreased in 16 metropolitan areas for the fifth month in a row in January.  After a year, consumer confidence is still at its highest level at 70.  Sales of distressed properties decreased in California, while at

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The Norris Group Real Estate News Roundup 1/11/12

January 11th, 2012

Today’s News Synopsis: In an updated news story, Michael J. Willimas, the Chief Executive for Fannie Mae, resigned yesterday and will step down as soon as a sucessor is found.  The latest report from the Lender Processing Services showed a decrease in home values of only 8%, and an overall slowdown

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

November 9th, 2011

Today’s News Synopsis: According to the San Francisco Chronicle, home prices have decreased in 111 metropolitan areas from a year ago.  Housing Wire reported a decrease in both home prices and mortgage rates, leading to more people being able to afford homes.  According to latest survey from the Mortgage Bankers Association,

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The Norris Group Real Estate News Roundup 3/24/11

March 24th, 2011

Freddie Mac said mortgage rates increased to 4.81% last week. The Federal Bureau of Economic Analysis reports California income levels rose 2.5% in 2010. Jobless claims fell 1.3% last week, according to the Labor Department. Freddie Mac told servicers managing its loans to stop foreclosing in MERS’ name.