...September last year. ""Lawrence Yun"":http://www.realtor.org/research/chief_economist_bio, chief economist with NAR, said in a ""statement"":http://www.realtor.org/ro/research/a73e1413ba619f553a3db7fc225790c5/release.htm that the September totals for existing-home sales show ""plenty of room for improvement,"" adding that ""affordability conditions...
Read More »Search Results for: Affordability
Fannie: 50% Chance U.S. Economy Will Double-Dip by End of 2012
...prices as figures that will head south despite all-time highs for housing affordability, made possible by record-low mortgage rates, which fellow GSE ""Freddie Mac"":http://www.freddiemac.com/ ""recently reported falling below 4 percent"":https://themreport.com/articles/mortgage-rates-drop-below-4-for-first-time-2011-10-06...
Read More »MBA Speaker Portrays Changing Demographics in Homeownership
...chief economist, holding that 32 percent of survey respondents would rent rather than buy their next homes. The numbers arrive despite a recent ""Trulia"":http://www.trulia.com/ survey finding ""home affordability outpacing rental...
Read More »Reports: Obama Refinance Proposal Expected Soon
...refinance their mortgages at current rates. [IMAGE] Announced by ""President Barack Obama"":http://www.whitehouse.gov/administration/president-obama/ during his September jobs speech, the refinance proposal would expand the ""Home Affordability Refinance Program"":http://www.makinghomeaffordable.gov/pages/default.aspx (HARP) by lifting...
Read More »Freddie: Plunging Mortgage Rates Smash New Records
...all-time highs for housing affordability, according to ""Freddie Mac"":http://www.freddiemac.com/. Finance Web site ""Bankrate.com"":http://www.bankrate.com/ differed by posting slight upticks for the benchmark 30- and 15-year fixed-rate mortgages. [IMAGE] The disagreement between...
Read More »American Jobs Act Could Yield 1.3M New Openings
...a while, affordability will remain high for potential homebuyers. In the meantime, many will choose to rent,"" he added. He delineated the Fed's role as one that will continue to...
Read More »Economic Worries Trample on New-Home Sales Over August
...affordability, which rock-bottom mortgage rates shape even in failing to stimulate chronically low demand. Bankrate.com and Freddie Mac more recently found interest rates for the benchmark 30-year loan at ""4.29...
Read More »Analysts: Mortgage Rates Stay Low, Likely to Fall Further
...rates and finance Web site ""Bankrate.com"":http://www.bankrate.com/ finding a fifth-consecutive week for record lows. Homebuyers nonetheless remain on the sidelines despite all-time highs for affordability, reflecting a dearth in demand, confidence,...
Read More »Fannie: U.S. Economic Recovery ‘Flirting’ with New Downturn
...record-low mortgage rates and an all-time high for home affordability. It beheld low single-family home construction, alongside rising multifamily construction ├â┬ó├óÔÇÜ┬¼â”œóÔé¼â”¼ô a category of construction typical for rental units -...
Read More »Mortgage Applications Jump to Seasonal 6.3%
...he said. ""In other words, the valuations and affordability climate has never been better."" Among other market trends, Dales attributed low existing-home sales activity to a ""meaningful decline in the...
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