Futures Price Out Another .75 Percent Rate Cut
Wall Street is now speculating that the Federal Reserve will lower interest rates another .75 percent next week on the 30th.
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with outstanding customer service to give you a pleasant
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That is the Mortgage Foundation difference.
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Archive for the 'Housing Market' Category (Chronologically Listed)
Bush and Congress Agree on Economic Stimulus Plan
President Bush and congressional leaders agreed today on a $150 billion package of tax rebates and business incentives designed to combat threats of a recession.
Job Reports Signal Stronger Economy
Weekly jobless reports for the week ending with January 19th go against the idea that the conditions in the labor market are pointing towards a recession.
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Congressional Budget Office Waves off Recession Woes
The Congressional Budget Office stated today that they forecast that the slowing economy will not sink into an election year recession, and that an economic rebound is likely beginning next year as housing and financial market turmoil fades.
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Posted by Ryan Fiore on Jan 23 2008 under Housing Market, Mortgage Lending
Mortgage Applications Down 11.6 Perecent Last Week
The Mortgage Bankers Association reported today that mortgage applications fell a seasonally adjusted 11.6% in the last week of 2007.
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Mortgage Applications Slide Down 7.6 Percent Last Week
According to the Mortgage Bankers Association’s weekly application survey new mortgage applications were down 7.6 percent during the week ending December 21st.
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October Home Prices Suffer Record Drops
A national home price gauge released today showed that prices of existing single-family homes recorded their biggest annual drop in October.
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MBIA Announces High Mortgage Exposure
MBIA Inc, the world’s largest bond insurer, announced today that it had guaranteed 8.1 billion dollars of the riskiest mortgage securities
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Posted by Ryan Fiore on Dec 20 2007 under Bad Credit, Housing Market, Investing in Real Estate, Mortgage Lending
Bush Signs off on a Bill that Gives Relief to Struggling Homeowners
President Bush announced today that he signed into law a bill that will waive taxes for many homeowners that must restructure their mortgages as they face foreclosure.
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NovaStar CEO to Retire
NovaStar Financial announced late today that Scott Hartman, Chairman, CEO, and Co-Founder of Novastar, will leave the company to retire.
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Posted by Ryan Fiore on Dec 19 2007 under Housing Market, Mortgage Lending