MBA: Mortgage applications up week-over-week in mid-April

The Mortgage Bankers Association reported in its most recent Weekly Mortgage Applications Survey that a seasonally adjusted rise of 4.8 percent was recorded in mortgage loan application volume nationwide during the week ending April 12.
The Mortgage Bankers Association reported in its most recent Weekly Mortgage Applications Survey that a seasonally adjusted rise of 4.8 percent was recorded in mortgage loan application volume nationwide during the week ending April 12. [More]


More consumers may be able to afford loans, as foreclosures dip during March

According RealtyTrac's recent U.S. Foreclosure Market Report for March and the first quarter of 2013 showed a decline in foreclosure filings, as last month saw 152,500 properties with scheduled auctions, bank repossessions and default notices.
According RealtyTrac's recent U.S. Foreclosure Market Report for March and the first quarter of 2013 showed a decline in foreclosure filings, as last month saw 152,500 properties with scheduled auctions, bank repossessions and default notices. [More]


NAR, NAHB express support for FHA reform efforts

As Congress continues to examine effective ways to reform the Federal Housing Administration, a number of professional groups, including the National Association of Realtors and the National Association of Home Builders have expressed their ongoing support for the mortgage-insurance fund.
As Congress continues to examine effective ways to reform the Federal Housing Administration, a number of professional groups, including the National Association of Realtors and the National Association of Home Builders have expressed their ongoing support for the mortgage-insurance fund. [More]


National mortgage rate averages dip for second straight week

According to Freddie Mac's Primary Mortgage Market Survey for the week ending April 11, popular mortgage products dropped a considerable amount - some for the second consecutive week.
According to Freddie Mac's Primary Mortgage Market Survey for the week ending April 11, popular mortgage products dropped a considerable amount - some for the second consecutive week. [More]


Mortgage applications up considerably in early-April

The Mortgage Bankers Association reported in its Weekly Mortgage Applications Survey that a seasonally adjusted rise of 4.5 percent in mortgage loan application volume was recently seen.
The Mortgage Bankers Association reported in its Weekly Mortgage Applications Survey that a seasonally adjusted rise of 4.5 percent in mortgage loan application volume was recently seen. [More]


Fannie Mae: Consumers still optimistic for housing market improvement

According to the March 2013 National Housing Survey conducted by Fannie Mae, fiscal policy concerns and the recent budget sequestration hasn't weakened the faith that consumers posses in the bolstering residential real estate sector.
According to the March 2013 National Housing Survey conducted by Fannie Mae, fiscal policy concerns and the recent budget sequestration hasn't weakened the faith that consumers posses in the bolstering residential real estate sector. [More]


April sees lowered mortgage rate averages

Recent mortgage records released in Freddie Mac's Primary Mortgage Market Survey for the week ending April 4 saw a slight drop in fixed-rate mortgages and a varied change for adjustable-rate mortgage products.
Recent mortgage records released in Freddie Mac's Primary Mortgage Market Survey for the week ending April 4 saw a slight drop in fixed-rate mortgages and a varied change for adjustable-rate mortgage products. [More]


Mortgage applications see slight dip in last week of March

Following a jump of nearly 8 percent during the preceding week, mortgage applications saw a 4 percent decline during the period ending March 29, Mortgage Bankers Association reported.
Following a jump of nearly 8 percent during the preceding week, mortgage applications saw a 4 percent decline during the period ending March 29, Mortgage Bankers Association reported. [More]


Mortgage rates, applications see rise in late March

According to Freddie Mac's Primary Mortgage Market Survey for the week ending March 28, slight increases were recently observed in fixed-rate mortgages, although all products are well below their March 2012 levels.
According to Freddie Mac's Primary Mortgage Market Survey for the week ending March 28, slight increases were recently observed in fixed-rate mortgages, although all products are well below their March 2012 levels. [More]


Recently-built houses may afford buyers savings over existing-homes

The National Association of Home Builders recently released information corroborating the idea that new construction may afford consumers increased savings over existing homes due to lower utility, tax and maintenance costs.
The National Association of Home Builders recently released information corroborating the idea that new construction may afford consumers increased savings over existing homes due to lower utility, tax and maintenance costs. [More]