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Mortgage Applications Fall - MBA NEW YORK (Reuters) - New applications for U.S. home loans fell last week as 30-year mortgage rates reached their highest levels in a month, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted market index, a measure of mortgage activity, fell by 4.5 percent to 727.3 for the week ended on Nov. 5 from the previous week's 761.7. Thirty-yea... : Mortgage Applications Fall - MBA
Mortgage DelinquencyWhat can Fannie Mae do to assist families who become delinquent in paying their mortgage?
First and foremost, Fannie Mae tries to avoid foreclosure. There are no winners when a home mortgage is foreclosed. It is the least desirable way to resolve a problem loan, and a terrible ordeal for the homeowner. It also is costly for Fannie Mae, as the investor, and for the loan servicer.
Homeowners who are having d... : Mortgage Delinquency
Home Industry to Simmer, Not Shimmer By Ilaina Jonas NEW YORK (Reuters) - Put the bubble on the back burner. Although a record for sales of existing and new homes is all but sealed for 2004, demand isn't expected to burn out in 2005. Instead, many predict the boil will turn into a simmer. "It's hard to say that this level of housing is sustainable," A.G. Edwards & Sons analyst Gregory Gieber said. "It's g... : Home Industry to Simmer, Not Shimmer
U.S. Existing Home Sales Dip in October WASHINGTON (Reuters) - Sales of existing U.S. homes fell by a less-than-expected 0.1 percent in October as low mortgage rates offered support to buyers, a trade association report showed on Tuesday. Sales of previously owned homes fell to a seasonally adjusted annual rate of 6.75 million units last month from an upwardly revis... : U.S. Existing Home Sales Dip in October
Mortgage Applications Unchanged Last Week NEW YORK (Reuters) - Applications for U.S. home mortgages were unchanged for the week ended Dec. 17 from the prior week as an increase in refinancing offset a decrease in purchases, an industry trade group said. The Mortgage Bankers Association said its seasonally adjusted index of mortgage activity was flat at 689.3 in the week ended Dec. 17, following a 1.0 percent drop the previous week. Fixed 30-year mortgage rates averaged 5.69 percent last week, excluding fees, up from 5.65 ... : Mortgage Applications Unchanged Last Week
More news about usaa home mortgage: A guide to the different types of bond funds. Choose what fits you
 
 
 
 
 
 
 
 
 
 
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