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Search Results for: Affordability

Existing-Home Sales Decline by 3% in September

...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...

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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...

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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...

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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...

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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 -...

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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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