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The Norris Group Real Estate News Roundup 11/16/12

Sources: Third Quarter Commercial/Multifamily Mortgage Originations Down 7 Percent from Q3 2011 Drop in U.S. mortgage delinquency rates led by California, Arizona CoreLogic: Rising house prices linked to rental demand Housing market in Southern California makes October gains October 2012 Real Estate Data Uncertainty, QE3 push mortgage rates to new lows Nationwide Housing Affordability Improves …

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The Norris Group Real Estate News Roundup 10/26/12

Sources: LPS: Delinquency Rate Suddenly Spikes in September Three Bank Failures Raise 2012 Tally to 46 Mortgage Applications Decrease in Latest MBA Weekly Survey U.S. Home Prices Rose 0.7% in August From July, FHFA Says New-home sales up 27 percent from a year ago Pending home sales up for 17th consecutive month Mortgage Rates in …

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The Norris Group Real Estate News Roundup 10/5/12

Sources: CoreLogic: Home prices rise 4.6% from last year Illinois Bank Failure Raises 2012 Tally to 43 Real Estate Outlook: Housing Starts Rise Foreclosures Decline but Remain High, Prepayments Surge: LPS Unemployment Rate Falls to 7.8% NY AG files mortgage bond suit against JPMorgan, Bear Stearns, EMC FHFA announces second winning bidder in REO pilot …

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The Norris Group Real Estate News Roundup 8/16/12

Today’s News Synopsis: Mortgage increased again for the third week in a row to 3.62%.  Housing starts decreased 1.1% to 746,000 according to NAHB.  Unemployment claims increased by 2,000 last week according to the Labor Department.  According to a recent study by Ellie Mae, more community banks feels affected by the increased regulations. In The …

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The Norris Group Real Estate News Roundup 7/25/12

Today’s News Synopsis: New home sales decreased to 350,000 in June and are now at their lowest in five months.  Mortgage applications increased 0.9% from last week according to the Mortgage Bankers Association.  Senator Jef Merkley just submitted a plan to help underwater homeowners by having the government buy up to 8 million underwater mortgages …

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The Norris Group Real Estate News Roundup 6/29/12

Sources: New home sales surge to 2-year high; prices rising Moody’s/RCA: CRE Prices Fell in April, Major Markets Lead Recovery Consumer confidence falls for 4th straight month Mortgage Applications Decrease in Latest MBA Weekly Survey Pending Home Sales Index Jumps in May Jobless claims fall slightly Mortgage rates hardly move: Freddie Mac GDP Growth at …

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