Despite foreclosure filings surpassing 300,000 for the 18th straight month, RealtyTrac’s monthly foreclosure report shows some bright spots for housing.
All posts for the month September, 2010
Home Defaults Dropped For The 7th Month In A Row In August
Posted by Phil Denfeld on September 16, 2010
http://phildenfeldmortgage.com/2010/09/foreclosures-august-2010.html
Home Affordability Gets A Boost From Weak Back-to-School Retail Receipts
The recent rise in mortgage rates was slowed this week after the government released its Retail Sales report for August.
Posted by Phil Denfeld on September 15, 2010
http://phildenfeldmortgage.com/2010/09/retail-sales-august-2010.html
The Math Of Choosing A Great Closing Date
Want a lower mortgage rate on your upcoming home buy? Think about moving up the closing date.
Posted by Phil Denfeld on September 14, 2010
http://phildenfeldmortgage.com/2010/09/closing-date-rate-locks.html
What’s Ahead For Mortgage Rates This Week : September 13, 2010
A shift in Wall Street sentiment caused mortgage markets to worsen last week. Fears of a double-dip recession are easing.
Posted by Phil Denfeld on September 13, 2010
http://phildenfeldmortgage.com/2010/09/mortgage-rates-week-ahead-september-13-2010.html
Your ARM Is Adjusting Lower. Is There A Downside To Letting It?
Adjusting conforming mortgages are adjusting to as low as 3 percent. If you have one, should you let your rate fall? Or refinance out?
Posted by Phil Denfeld on September 10, 2010
http://phildenfeldmortgage.com/2010/09/adjustable-rate-mortgage-libor-september-2010.html
Which Model Is More Accurate : The Case-Shiller Index Or The Home Price Index?
As a home buyer and/or homeowner, should you put your faith in Case-Shiller’s results, or the Home Price Index. Perhaps, the answer is neither.
Posted by Phil Denfeld on September 9, 2010
http://phildenfeldmortgage.com/2010/09/home-price-index-june-2010.html
Home Sales Are Back On The Rise After A 2-Month Pullback
Just one week after reports of Existing Home Sales and New Home Sales plunging, the housing market signaled that the next few months may fare better than did May and June.
Posted by Phil Denfeld on September 8, 2010
http://phildenfeldmortgage.com/2010/09/pending-home-sales-july-2010.html
What’s Ahead For Mortgage Rates This Week : September 7, 2010
Mortgage rates worsened 3 days in a row last week for the first time since late-April.
Posted by Phil Denfeld on September 7, 2010
http://phildenfeldmortgage.com/2010/09/mortgage-rates-week-ahead-sept-6-2010.html
August 2010 Jobs Report Pushes Mortgage Rates Higher
On the first Friday of each month, the Bureau of Labor Statistics releases Non-Farm Payrolls data for the month prior. 54,000 jobs were created in August.
Posted by Phil Denfeld on September 3, 2010
http://phildenfeldmortgage.com/2010/09/jobs-report-august-2010.html
August’s Fed Minutes Lead Mortgage Rates Higher
Home affordability took a slight hit this week after the Federal Reserve’s release of its August 10 meeting minutes.
Posted by Phil Denfeld on September 2, 2010
http://phildenfeldmortgage.com/2010/09/fomc-meeting-minutes-august-2010.html
