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ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting an increase of 5.5% in the group’s seasonally adjusted composite...
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ThinkstockThe National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in August rose 1.7% to 5.48 million from an unrevised total of 5.39...
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ThinkstockHousing stocks got a boost on Wednesday following the announcement from the Federal Open Market Committee (FOMC) that the Federal Reserve would continue its $85 billion monthly asset...
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ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting an increase of 11.2% in the group’s seasonally adjusted composite index,...
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ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decline of 13.5% in the group’s seasonally adjusted composite index...
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Jon OggThe analyst team at Sterne Agee has updated its book value estimates for the high-yield mortgage-backed securities (MBS) real estate investment trust (REIT) sector. The move is based on rising...
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ThinkstockWhen the Mortgage Bankers Association (MBA) issued its weekly purchase applications report on Wednesday, the group noted without comment that interest rates for a conforming mortgage (less...
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ThinkstockSince hitting a five-year peak in mid-May of this year, shares of homebuilders’ stocks have dropped between 15% to 33%. That is about the time that mortgage interest rates began climbing...
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ThinkstockFor the month of July, U.S. home sales reached an annualized rate of 5.5 million, up 4% from June and 11% higher than the rate in July 2012. But as with most things related to real estate,...
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ThinkstockExperts call it negative equity. To the general public, the term is underwater mortgages. Regardless of what it is called, 12.2 million Americans have mortgage balances that are greater...
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ThinkstockThe National Association of Realtors (NAR) this morning released its data on pending sales of existing homes in July. The pending home sales index slipped 1.3% from an index reading of...
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ThinkstockThe Mortgage Bankers Association (MBA) released its weekly report on mortgage applications this morning, noting a drop of 2.5% in the group’s seasonally adjusted composite index following...
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ThinkstockThe Federal Reserve issued some updates to its balance sheet and payments data on Friday, and the long and short of the matter is that you are going to see why the Fed needs to start its...
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Wells Fargo & Co. (NYSE: WFC) may be Warren Buffett’s favorite bank hands down and it may be the safest of the money center and banking giants now. It turns out that if you work for that bank...
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The National Association of Realtors (NAR) reports that the seasonally adjusted annual rate of existing home sales in July rose 6.5% to 5.39 million from a downwardly revised total of 5.06 million in...
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