Posts Tagged ‘Moody’s Investor Service’

New Home Purchase Applications Increase 0.3% Last Month

May 15th, 2015

      Sources: Mortgage industry gains nearly 2000 jobs NAR: Tight inventory, demand push home prices higher in first quarter Mortgage rates move higher for third week in a row Report: Senator Drafting Proposal to Reform Federal Reserve Foreclosure Inventory, Completions Continue Decline Toward Pre-Crisis Levels Top-Ranked Bond Manager Itching for New Breed of Risky Mortgages   Today’s News

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SB 2438 Rejected by Congress

December 10th, 2014

  Today’s News Synopsis: In a big news story, SB 2438 was rejected by Congress.  Had it passed, it would have allowed a 4 bp administration fee to be charged by the Federal Housing Administration.  The Mortgage Bankers Association reported mortgage applications increased 7.3% from last week.  Fannie Mae and Freddie

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The Norris Group Real Estate News Roundup 3/23/12

March 23rd, 2012

Sources: Mortgage Rates Up, With 30-Year Fixed Above 4 Percent U.S. Home Prices Have Smallest Decline in More Than 2 Years Buying a home cheaper than renting in most places Weekly jobless claims fall 5,000 to 4-year low Federal judge shuts down Santa Ana mortgage-relief operation Average 30-year mortgage rate edges up, above 4%, Bankrate says

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