Finance and Economy Archive
RISMEDIA, Oct. 31, 2008-Mortgage rates bounded higher this week, with the average 30-year fixed mortgage rate soaring from 6.32% to 6.77%. According to Bankrate.com's weekly national survey, the average 30-year fixed mortgage has an average of 0.39 discount and origination points. ...
RISMEDIA, Oct. 30, 2008-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending October 24, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 476.7, an increase of 16.8% on a seasonally adjusted basis from 408.1 one week earlier. On an ...
RISMEDIA, Oct. 29, 2008-HOPE NOW, the private sector alliance of mortgage servicers, counselors, and investors that has been working aggressively to prevent foreclosures and keep homeowners in their homes, announced that, due to the continuing efforts of HOPE NOW and the broader mortgage industry, nearly 2.5 million homeowners have avoided ...
RISMEDIA, Oct. 24, 2008-Mortgage rates reversed course in a big way this week, with the average 30-year fixed mortgage rate dropping from 6.74 percent to 6.32 percent. According to Bankrate.com's weekly national survey, the average 30-year fixed mortgage has an average of 0.39 discount and origination points. ...
RISMEDIA, Oct. 23, 2008-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending October 17, 2008. This week's results include an adjustment to account for the Columbus Day holiday. The Market Composite Index, a measure of mortgage loan application volume, was 408.1, a decrease of ...
RISMEDIA, Oct. 23, 2008-This week, at this year's Mortgage Bankers Association Convention and Expo in San Francisco, Chase distributed a document that offers a clear understanding of the housing bubble-encouraging industry colleagues and customers to be accountable and take on the responsibility to help make things right and restore the ...
RISMEDIA, Oct. 22, 2008-No Paws Left Behind, Inc., a 501c3 non-profit organization dedicated to bringing awareness to and finding solutions for the growing phenomena of "foreclosure pets," is participating in two upcoming foreclosure prevention workshops sponsored by HOPE NOW Alliance and NeighborWorks® America. ...
RISMEDIA, Oct. 16, 2008-Mortgage rates remained steady over the past week, with rates for 30-year fixed mortgages decreasing slightly to 5.95%, down from 5.97% the week prior, according to the Zillow Mortgage Rate Monitor, compiled by real estate website Zillow.com(R). Mortgage rates for 15-year fixed rose slightly to 5.65% from ...
RISMEDIA, Oct. 16, 2008-Kotar Associates, a Florida-based education and consulting firm for the real estate and home building industries, has launched a new website, www.KotarAssociates.com, which outlines its many service offerings. ...
RISMEDIA, Oct. 16, 2008-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending October 10, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 489.3, an increase of 5.1% on a seasonally adjusted basis from 465.5 one week earlier. On an ...
