Posts Tagged ‘Treasury Department’

The Norris Group Real Estate News Roundup 2/27/14

February 27th, 2014

Today’s News Synopsis: Fixed mortgage rates increased again for the fourth week in a row with 30-year rates now at 4.37%  and 15-year rates at 3.39%.  Bank of America is facing an investigation by the U.S. Attorney’s Office over their participation in the FHA’s Direct Endorsement Program.  The Treasury Department will receive $10.4

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The Norris Group Real Estate News Roundup 2/11/14

February 11th, 2014

Today’s News Synopsis: Big day for mortgages.  The latest report from Zillow showed mortgage rates increased again with 30-year rates now at 4.13% and 15-year rates at 3.13%.  In addition, consumer confidence in regards to obtaining mortgage credit is at an all-time high as more consumers are feeling confident they will

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The Norris Group Real Estate News Roundup 5/30/13

May 30th, 2013

Today’s News Synopsis: Unemployment claims increased by 10,000 to 354,000 for the week ending May 25, marking the third week in the last month to see increases.  Pending home sales increased by 0.3% in April, lower than expected after sales saw a 1.5% increase the month prior.  Mortgage rates increased again

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The Norris Group Real Estate News Roundup 5/8/13

May 8th, 2013

Today’s News Synopsis: The Mortgage Bankers Association reported a 7% increase in mortgage applications from last week.  Freddie Mac reported their net income for the latest quarter was their second largest, and they will now pay $7 billion to the Treasury Department.  According to TransUnion, delinquency rates showed their biggest improvement

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The Norris Group Real Estate News Roundup 1/31/13

January 31st, 2013

Today’s News Synopsis: Freddie Mac reported mortgage rates increased for the second week in a row, with 30-year rates now at 3.353%, their highest in four months.  The Lender Processing Services reported trends in delinquencies, which increased 0.7% month-over-month in December, foreclosure starts up from 4.8%, and negative equity.  The FHA

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Year-End Retirement Planning by Kaaren Hall of uDirect IRA

December 21st, 2012

RIVERSIDE, Calif., Dec. 12, 2012 – We here at uDirect IRA Services want to help you direct your retirement money into great investments that make your retirement financially secure. Whatever it is you decide to invest in (and the list is pretty long) the point is to get going and

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The Norris Group Real Estate News Roundup 8/20/12

August 20th, 2012

Today’s News Synopsis: Home sales increased throughout all of California last month according to the California Association of Realtors.  However, at the same time homes are becoming less affordable with the increase in home prices.  Redfin surveyed almost 2,000 home sellers, and the results showed more people are not as eager

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The Norris Group Real Estate News Roundup 8/17/12

August 17th, 2012

Sources: TransUnion: U.S. Mortgage, Credit-Card Delinquency Rates Decline in 2nd Quarter Fitch: Mods Bring Down CMBS Delinquency Rate in July Foreclosure Trends Are Mixed HOPE NOW Reports 385K Loan Mods in First Half of 2012 Builder Confidence Continues To Improve in August Paul Ryan favors dissolving Fannie Mae and Freddie Mac Agencies Propose New Appraisal

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The Norris Group Real Estate News Roundup 8/6/12

August 6th, 2012

Today’s News Synopsis: June saw the lowest amount of HAMP trials since the program’s inception in March 2009.  NAHB listed 80 metropolitan areas out of 32 states are showing signs of improvement.  Closing costs for mortgages decreased 7.4% in the last year with banks competing for borrowers. In The News: NAHB – “Index

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The Norris Group Real Estate News Roundup 7/6/12

July 6th, 2012

Sources: Prices Up Again in May, Trend Will Continue into June: CoreLogic Construction Spending in U.S. Climbs to More Than Two-Year High CMBS delinquencies up for fourth-straight month Mortgage rates smash old record Apartment Rents in U.S. Rise Most Since 2007 as Vacancy Falls Barclays Chairman Steps Down Amid Scandal Barclays Loses Two More in LIBOR

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