Tag Archives: mortgage applications

January Housing Prices, Mortgages, Surging

Posted on March 7, 2013 by Popular Economics Weekly

The Mortgage Corner CoreLogic reported that home prices nationwide, including distressed sales, increased on a year-over-year basis by 9.7 percent in January 2013 compared to January 2012. This change represents the biggest increase since April 2006 and the 11th consecutive … Continue reading →

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Mortgage Activity Continues To Improve

Posted on February 6, 2013 by Popular Economics Weekly

The Mortgage Corner Increasing mortgage purchase and refinance activity, key forward looking indicators of our housing market, show 2013 should be a great year for housings’ continued recovery. The Mortgage Bankers Association reported its Refinance Index increased 4 percent from … Continue reading →

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New-Home Sales, Mortgages Boosting Growth

Posted on October 25, 2012 by Popular Economics Weekly

The Mortgage Corner Following the 15 percent housing construction bump in September, new-home sales rose 11.7 percent and are up 27 percent over September 2011, as inventories have shrunk to a meager 4.5 months, especially at the affordable level. The … Continue reading →

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Shadow Housing Inventory, Foreclosures Fall

Posted on October 10, 2012 by Popular Economics Weekly

The Mortgage Corner CoreLogic reported the current residential shadow inventory as of July 2012 fell to 2.3 million units, representing a supply of six months. This was a 10.2 percent drop from July 2011, when shadow inventory stood at 2.6 … Continue reading →

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Foreclosures Down, Mortgage Activity Surging

Posted on October 4, 2012 by Popular Economics Weekly

The Mortgage Corner The Mortgage Bankers Association reported that its Refinance Index increased 20 percent from the previous week. This was the highest Refinance Index recorded in the survey since April of 2009. The seasonally adjusted Purchase Index increased 4 … Continue reading →

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Mortgage Applications-Builder Optimism Rising

Posted on January 19, 2012 by Popular Economics Weekly

The Mortgage Corner Are homebuyers and borrowers finally realizing that mortgage rates might not fall much further? We are seeing a huge jump in both mortgage and builder activity, and much of the most recent interest rate drop has been … Continue reading →

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What to do with 30-year Mortgages?

Posted on March 24, 2011 by Popular Economics Weekly

The Mortgage Corner Are 30-year mortgages a thing of the past? If so, too bad. Much of the debate over the future of Fannie Mae and Freddie Mac revolves around whether their main product—the 30-year mortgage—will disappear if Fannie and … Continue reading →

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Rock Bottom Mortgage Rates Increase Sales

Posted on October 29, 2010 by Popular Economics Weekly

Financial FAQs It seems that the lowest mortgage rates since the 1950s are making a difference. New-home sales rose 6 percent and existing-home sales increased 10 percent in September, “affirming that a sales recovery has begun”, said the National Association … Continue reading →

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