Earlier today I wrote about how economic demand for real estate in some small towns was increasing. I stated “Economics 101 teaches us that price changes in assets, goods and services are a function of supply and demand. The economic demand (versus demographic demand) for… Read more

CoreLogic, a premier provider of real estate and consumer related data, just released the latest info on U.S. housing markets from a default perspective. Another report from Freddie Mac adds to this, as well as an excellent summary by the Mortgage Bankers Association (MBA). Key… Read more

Fannie, Freddie & MBA Forecast Changes Oct 2011 to Nov 2011 The President announced a change to the HARP program (essentially loan modifications to borrowers with loans that are currently held by Fannie Mae and Freddie Mac that are performing but underwater).  The real key… Read more

The Mortgage Bankers Association just released their latest forecasts for the remainder of 2011 and 2012 and there is both good news and bad news.  Good news is that the MBA has raised their forecast for refinance activity lending volumes for the remainder of 2011. … Read more

 The article in American Banker from Friday, August 20th can be read in its entirety at ALTA.com  Could 4.5% Refis Be a Balm for Mortgage Crisis?- American Banker via ALTA

As interest rates have tracked down, many homeowners are now taking advantage of using 15 and 20-year fully-amortizing, fixed-rate loans.  Since these are shorter in duration than 30-year loans, they also feature lower interest rates. Last week, according to Freddie Mac, while 30-year rates averaged… Read more