RECENT BLOG POSTS
30-year fixed-rate mortgage: Averaged 4.86 percent with an average 0.8 point for the week ending December 30, 2010, up from last week when it averaged 4.81 percent. Last year at this time, the 30-year FRM averaged 5.14 percent. The 15-year fixed-rate mortgage: Averaged 4.20 percent with an av...
01/05/2011
30-year fixed-rate mortgage: Averaged 4.81 percent with an average 0.7 point for the week ending December 23, 2010, down from last week when it averaged 4.83 percent. Last year at this time, the 30-year FRM averaged 5.05 percent. The 15-year fixed-rate mortgage: Averaged 4.15 percent with an av...
12/30/2010
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NAR Existing Home Sales Existing home sales which are completed transactions that include single-family, townhomes, condominiums and co-ops, rose 5.6% to a seasonally adjusted annual rate of 4.68 million in November, but are 27.9% below the cyclical peak of 6.49 million in November 2009, which w...
12/29/2010
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NAR Existing Home Sales Existing home sales which are completed transactions that include single-family, townhomes, condominiums and co-ops, rose 5.6% to a seasonally adjusted annual rate of 4.68 million in November, but are 27.9% below the cyclical peak of 6.49 million in November 2009, which wa...
12/29/2010
30-year fixed-rate mortgage: Averaged 4.83 percent with an average 0.7 point for the week ending December 16, 2010, up from last week when it averaged 4.61 percent. Last year at this time, the 30-year FRM averaged 4.94 percent. The 15-year fixed-rate mortgage: Averaged 4.17 percent with an aver...
12/19/2010
Mortgage Bankers Association for the week of 12/15/2010 Market Composite Index: (loan application volume) decreased 2.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 2.7 percent compared with the previous week. Refinance Index: ...
12/19/2010
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The demographics The multifamily sector is in recovery. According to Reis, net absorption in 3Q spiked, dropping the national vacancy rate from 7.8% to 7.1%, one of the largest quarterly drops on record. Rents increased for the second quarter in a row. Asking and effective rents increased by 0.5%...
12/18/2010
30-year fixed-rate mortgage: Averaged 4.61 percent with an average 0.7 point for the week ending December 9, 2010, up from last week when it averaged 4.46 percent. Last year at this time, the 30-year FRM averaged 4.81 percent. The 15-year fixed-rate mortgage: Averaged 3.96 percent with an aver...
12/09/2010
Mortgage Bankers Association for the week of 12/8/2010 Market Composite Index:(loan application volume) decreased 0.9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 22.8 percent compared with the previous week, which included the T...
12/09/2010
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This is the one real estate area that seems to be looking up. There is no question thatapartments really scream when it comes to actual performance and renewed investment confidence, says Hessam Nadji, managing director of research and advisory services at Marcus & Millichap. The apartments secto...
12/07/2010