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Mortgage Bankers Weekly Update: Loan Apps Decline

Thursday, December 24

Mortgage Bankers Association for the week of 12/23/2009 Market Composite Index: (loan application volume) decreased 10.7 percent on a seasonally adjusted basis from one week earlier Refinance Index: decreased 10.1 percent from the previous week and the seasonally adjusted Purc...


NAR: Existing Home Sales Report

Wednesday, December 23

NAR: Existing Home Sales Report The sales pace for resale homes rose for the third straight month in November climbing 44.1% compared to the same month last year, the National Association of Realtors reported today. rushed to close sales before the original November 30 deadline for the r...


Freddie Mac Weekly Update

Thursday, December 17

Mortgage Rates Follow Bond Yields Higher 30-year fixed-rate mortgage: Averaged 4.94 percent with an average 0.7...


Mortgage Bankers Association: Weekly Mortgage Survey

Thursday, December 17

Market Composite Index: (loan application volume) increased 0.3 percent on a seasonally adjusted basis from one week earlier. ...


Stock Market Views On The Housing Recovery

Thursday, December 17

Investors can bet on the direction of home prices based on the Case Shiller 10 MSE using exchange-listed securities designed to mimic home prices.The UMM or MacroShares Major Metro Housing Up will rise when U.S. housing prices climb.The DMM or MacroShares Major Metro Housing Down, profits wh...


Should You Stop Paying Your Mortgage

Thursday, December 17

Moral Failure or Strategic Decision According to the Mortgage Bankers Association More than 40% of borrowers are 60 or more days past due on payments. So many homes have lost value and never recover. About one in four homeowners, or 10.7 million Americans, are considered underwater.Thi...