Tag Archives: mortgage rates

Housing Construction Continues Increase

Posted on January 20, 2014 by Popular Economics Weekly

The Mortgage Corner Residential investment and housing starts are usually the best leading indicator for economy, and they show continued growth.  This isn’t the only leading indicator, but it suggests the economy will continue to grow over the next couple … Continue reading →

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Mortgage Defaults Continue to Fall

Posted on January 2, 2014 by Popular Economics Weekly

The Mortgage Corner Fannie Mae reported last week that the Single-Family Serious Delinquency rate declined in November to 2.44 percent from 2.48 percent in October. The serious delinquency rate is down from 3.30 percent in November 2012, and this is … Continue reading →

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Home Equity Increasing

Posted on December 17, 2013 by Popular Economics Weekly

The Mortgage Corner CoreLogic, a real estate analytics firm, today released new analysis showing approximately 791,000 more residential properties returned to a state of positive equity during the third quarter of 2013, and the total number of mortgaged residential properties … Continue reading →

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Conforming Loan Limits Won’t Decline in 2014

Posted on November 28, 2013 by Popular Economics Weekly

The Mortgage Corner The Federal Housing Finance Agency has just announced it is keeping conforming loan limits at the same level in 2014 for most areas in the country. Fannie Mae and Freddie Mac can guarantee mortgages up to $417,000 … Continue reading →

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Mortgage Delinquencies Continue to Decline

Posted on November 5, 2013 by Popular Economics Weekly

The Mortgage Corner The good news is that foreclosure rates continue to fall, though delinquencies more than 90 days late are fluctuating with the season, according to Lender Processing Services (LPS) in their Mortgage Monitor report for September. According to … Continue reading →

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Mortgage Delinquencies Continue Decline

Posted on October 1, 2013 by Popular Economics Weekly

The Mortgage Corner Freddie Mac reported that the Single-Family serious delinquency rate declined in August to 2.64 percent from 2.70 percent in July.   This has in large part to do with lower interest rates, which have declined again because the … Continue reading →

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Mortgage Delinquencies Down, Equity Higher

Posted on September 3, 2013 by Popular Economics Weekly

Financial FAQs According to the second quarter Zillow Negative Equity Report, the national negative equity rate continued to fall in the second quarter, dropping to 23.8 percent of all homeowners with a mortgage from 25.4 percent in the first quarter … Continue reading →

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Will Interest Rates Continue to Rise?

Posted on August 16, 2013 by Popular Economics Weekly

The Mortgage Corner We think not.  Interest rates are rising, mainly due to some Fed Governors saying they may begin to end the QE3 purchase of securities later this year. But that is based on overly optimistic growth projections by … Continue reading →

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Pending Home Sales Soaring As Well

Posted on June 27, 2013 by Popular Economics Weekly

The Mortgage Corner Watch out, homebuyers! There may be few homes left on the market if the National Association of Realtors’ May Pending Home Sales Index is any predictor of future sales. This is even though mortgage rates have risen … Continue reading →

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Whither Mortgage Rates?

Posted on June 22, 2013 by Popular Economics Weekly

The Mortgage Corner Ok, the fats in the fire now with the Fed saying it will begin to taper its QE3 purchases that have been holding down mortgage rates by the end of 2013. Rates have been surging since then. … Continue reading →

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