Home Prices Rise For Fourth Consecutive Month The S&P/Case-Shiller Home Price Indices though July 2011 showed its fourth consecutive month of increases, with both the 10- and 20-city composites up 0.9 percent in July over June. David M. Blitzer, chairman of the index committee at S&P Indices, said July’s data shows fairly broad improvement in [...]
Estimates released by the U.S. Census Bureau and the Department of Housing and Urban Development show sales of new single-family houses were at a seasonally adjusted annual rate of 295,000, 2.3 percent below July’s rate but 6.1 percent above August of last year. The median sales price of new homes sold in August was $209,100; [...]
Sales of previously owned homes hit a five-month high in August, according to data from The National Association of Realtors. Existing-home sales spiked 7.7 percent to an annual rate of 5.03 million units, exceeding economists’ expectations. Total sales, including single-family, townhomes, condominiums, and co-ops, were 18.6 percent higher than they were in August of last [...]
Mortgage Application Activity Increases According to The Mortgage Bankers Association’s Weekly Applications Survey, the seasonally adjusted Market Composite Index, which measures total mortgage loan application volume, increase 0.6 percent last week from the previous week. On an unadjusted basis, the index was up 25.2 percent from the week before, which included Labor Day. The Refinance [...]
Building Permits On The Rise In August Permits to build privately-owned housing units in August rose 3.2 percent above July’s estimates and 7.8 percent above last year, according to new residential construction statistics from the U.S. Census Bureau and the Department of Housing and Urban Development. Single-family building permits rose 2.5 percent above the month [...]
Many Maryland veterans have an advantage of financing their home using a VA Loan. But, what exactly are the requirements and eligibility for this great loan program in today’s lending environment? For starters, most military veterans in Maryland are eligible. There are exceptions. A veteran who was dishonorably discharged is not eligible. Maryland Veterans with [...]
Contrary to popular belief, there are no good or bad loan programs, however there are correct and incorrect loan programs depending on a borrower’s personal, financial, and credit situation. Choosing the most beneficial home loan program in Yuma Arizona requires careful planning and product education. Before deciding on one of the literally thousands of loan [...]
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Obama Refinance Plan For San Jose Homeowners AnnouncedHome Affordable Refinance Program Update Harp 2 Bay Area San Francisco California March 2012 Guidelines for Purchasing a 3 to 4 Unit Property with FHA Financing in Alameda, CA8 Year Fixed to 30 Year Fixed. You Can Choose Your Loan Term In San Jose
