Acting Federal Housing Finance Agency Director Edward J. DeMarco spoke to the Boston Security Analysts Society on Wednesday, in part defending his stand against principal reductions for Freddie Mac and Fannie Mae Loans.
DeMarco said that the two government sponsored enterprises … [Read More...]
Mortgages Rates improved only moderately today despite a stronger bounce back in underlying bond markets. The Best-Execution Conventional 30yr Fixed Rate remains intact at 4.0%. That means that the borrowing costs associated with yesterday's rate offerings will be … [Read More...]
House of the Day: This custom-built home in Park City, Utah, has a fire pit at its center and cowboy-influenced features throughout.
Here is a look at real-estate news in Wednesday’s WSJ:
As Home Rents Head Higher, Owning Regains Its Appeal: Climbing rents for … [Read More...]
Prices are still falling, but the pace of the decline continues to slow according to the February Home Price Index (HPI) report released today by CoreLogic. Home prices, including distressed sales, declined in February by 0.8 percent from January's numbers, the seventh consecutive … [Read More...]
This custom-built home in Park City, Utah, is on a private ski trail with direct access to the Deer Valley slopes. The house has a fire pit at its center and cowboy-influenced features throughout. … [Read More...]
Housing markets, which had seemed to be slowly gathering strength earlier this year, fell for the sixth straight month in October, down 1.2% compared with September and 3.4% from 12 months earlier. … [Read More...]
A new monthly report on the state of the mortgage origination market has been initiated by Ellie Mae, a company which provides software and a mortgage origination network to mortgages originators. The first report reviews and compares data amassed from loan applications in its … [Read More...]