Posted by CRS Data on 1/20/2012 8:35 PM
According to Fitch Ratings, principal reductions may be the most effective means to repairing the nation's mortgage industry, HousingWire reports.
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Posted by CRS Data on 1/20/2012 4:10 PM
While the average rate for shorter-term mortgages rose modestly during the week ending January 19, the long-term mortgage rate average slid down to a new all-time low, Freddie Mac reports.
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Posted by CRS Data on 1/19/2012 8:58 PM
While data from the Commerce Department shows that housing starts edged lower in December, the National Association of Home Builders notes that despite the decline, builder confidence is improving throughout the country.
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Posted by CRS Data on 1/19/2012 8:56 PM
The most recent Architecture Billings Index indicates that business conditions in the commercial real estate market are now improving, the American Institute of Architect reports.
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Posted by CRS Data on 1/19/2012 8:54 PM
With the presidential election just months away, the nation's housing crisis is expected to be a major issue for candidates.
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Posted by CRS Data on 1/19/2012 6:13 PM
While Freddie Mac acknowledged that the U.S. economy has grown substantially in the last year, it says there are still too many obstacles deterring a speedy recovery nationwide, including the stalled housing and mortgage markets.
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Posted by CRS Data on 1/19/2012 6:10 PM
Based on recent economic and real estate data, Fitch Ratings states the U.S. housing market is poised for a minor recovery in 2012, led by a spike in new home sales and housing starts.
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Posted by CRS Data on 1/18/2012 9:14 PM
The Mortgage Bankers Association indicated in a survey that mortgage application activity recently increased during the week ending January 13.
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Posted by CRS Data on 1/18/2012 9:13 PM
Mortgage records indicate that missed home loan payments could be a significant factor behind consumer credit defaults, Standard & Poor's reports.
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Posted by CRS Data on 1/18/2012 9:11 PM
The Houston Association of Realtors has released a report determining that the city's real estate market had a successful year during 2011.
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