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Mortgage refinancing applications jump; rates fall: MBA - Chicago TribuneKapitall BlogMortgage refinancing applications jump; rates fall: MBAChicago TribuneNEW YORK (Reuters) - Applications for US home mortgages surged last week, driven by increased demand for refinancing as interest rates hit fresh lows, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted ...US Q1 delinquency rate lowest since 2008: MBAReutersMortgage Delinquency Rate in US Fall to 2008 LevelsBusinessWeekall 121 news articles »
New York Fed Delays $1.7 Billion Maiden Lane III Debt Sale - San Francisco ChronicleBloombergNew York Fed Delays $1.7 Billion Maiden Lane III Debt SaleSan Francisco ChronicleThe New York Fed had planned to sell two slices of a CDO tied to home loans known as Duke Funding High Grade I Ltd., which was created in 2005 with a unit of hedge-fund firm Ellington Management Group LLC as the manager, according to its disclosures ...Fed Maiden Lane Demand May Slow Start of QE3, BofA SaysBloombergall 17 news articles »
Federal Home Loan Bank of New York Declares a 4.50% Dividend For the First ... - MarketWatch (press release)Federal Home Loan Bank of New York Declares a 4.50% Dividend For the First ...MarketWatch (press release)"The Federal Home Loan Bank of New York has remained focused on our core mission of providing advances to our members when they need them to support responsible mortgage financing and promote a competitive lending environment," said Alfred A. DelliBovi ...and more »
Las Vegas new-home permits surge in first quarter - Las Vegas Review - JournalBloombergLas Vegas new-home permits surge in first quarterLas Vegas Review - Journal... homes and record-low mortgage rates are combining to lift demand and encourage builders to take on projects. "We're at a point where we see more light and less tunnel," said Michael Gapen, a senior US economist at Barclays Capital in New York.Time to Book Profits on Home BuildersTheStreet.comNew U.S. Housing Construction in April Exceeds ForecastsSan Francisco ChronicleNationwide Housing Affordability Reaches New Record HighRealEstateRama (press release)Bloomberg -Crain's New York Businessall 553 news articles »
Home buying at most affordable level in decades - CNNMoneyHome buying at most affordable level in decadesCNNMoneyBy Les Christie @CNNMoney May 17, 2012: 12:52 PM ET NEW YORK (CNNMoney) -- Buying a home has reached its most affordable level in more than two decades. Nearly 78% of homes sold during the first quarter were affordable to those earning the national ...and more »
New home construction up 30% from last year - Marketplace.orgMarketplace.orgNew home construction up 30% from last yearMarketplace.orgA construction worker uses a tape measure as he adds siding to new homes at the Arbor Rose housing development on March 20, 2012 in San Mateo, Calif. To view this content, Javascript must be enabled and Adobe Flash Player must be installed.
Former subprime lender ResCap files for Ch. 11 - Philadelphia InquirerNew York TimesFormer subprime lender ResCap files for Ch. 11Philadelphia InquirerBy Harold Brubaker Residential Capital LLC, which was a big subprime mortgage lender and still employs 1385 in Fort Washington, filed for bankruptcy protection in New York on Monday. The move, which analysts had been expecting for months, is a reminder ...Ally Financial says its Residential Capital mortgage unit seeks Ch.11 ...Washington PostAlly's mortgage unit files for bankruptcyCNNMoneyall 451 news articles »
Mortgage rates hit record low again - CNNMoneyUSA TODAYMortgage rates hit record low againCNNMoneyBy Les Christie @CNNMoney May 17, 2012: 12:09 PM ET NEW YORK (CNNMoney) -- Buying a home just got even cheaper as interest rates on both 30-year and 15-year-fixed-rate mortgages set record lows for the third week in a row. The 30-year fixed mortgage, ...Mortgage Rates Hit Record Lows - AgainKERO-TV 23Mortgage Rates in U.S. Fall to Record Lows With 30-Year at 3.79%San Francisco Chronicleall 247 news articles »
Avison Young adds top-producing capital markets veterans to New York City office - Sacramento BeeAvison Young adds top-producing capital markets veterans to New York City officeSacramento BeeBy Avison Young (Canada) Inc. NEW YORK CITY, May 16, 2012 /PRNewswire/ - Arthur J. Mirante, II, Principal and Tri-State President of Avison Young, Canada's largest independently-owned commercial real estate services company, announced today the hiring ...and more »
US foreclosure filings hit 5-year low - Crain's New York BusinessABC NewsUS foreclosure filings hit 5-year lowCrain's New York BusinessBanks are finding alternatives to home seizures, selling distressed property for less than the amount owed on the mortgage, known as a short sale, or modifying loans for borrowers struggling to keep up payments while an improving economy is helping to ...Foreclosure filings up in Philadelphia regionPhiladelphia Inquirerall 318 news articles »