Monthly Archives: 2010年February

Treeman

Indonesian man has tree-like growths all over his body… 

The Home Price Index Shows Some Regions Up, Some Regions Down

Earlier this week, the private-sector Case-Shiller Index showed home prices slightly lower between November and December.  Thursday, the public-sector Home Price Index showed the same. P......

As The Supply Of New Homes Grows, So Does The Opportunity For A “Good Deal”

The housing recovery showed particular weakness in the New Homes Sales category last month — good news for homebuyers around the country. A “new home” is a home for which th......

Mortgage Scenario for February 24, 2010

5.00% (APR 5.029%), 30-Year Fixed, $400,000 loan amount, 80% Loan-To-Value, Refinance – No Cashout, Single Family Home, 740 FICO This is a generic refinance scenario where the borrower ha......

December 2009 Case-Shiller Data Shows Battered Markets In Bona Fide Recovery

Using data compiled in December, Standard & Poors released its Case-Shiller Index Tuesday.  The report shows home prices down just 2.5% on an annual basis, a figure much lower than the 8.......

How You Can Get The Most Accurate, Real-Time Mortgage Rate Quotes Available

You can’t get your mortgage rates from the newspaper. Last week proved it.  Again. Friday morning, headlines in IL and around the country read that mortgage rates were down 0.04 pe......

What’s Ahead For Mortgage Rates This Week : February 22, 2010

Mortgage markets had a terrible, holiday-shortened week last week as Wall Street responded to worse-than-expected inflation data and action from the Federal Reserve.  Mortgage bonds sold off w......

Housing Starts Soar To 6-Month High In January… Or Do They?

Sometimes, headlines for housing can be misleading and this week gave us a terrific example. On Wednesday, the Commerce Department released its Housing Starts data for January 2010. The data ......

45-Day Interest Rate Prediction

Bottomline: We will see Conventional 30-Year Fixed rates at 4.75% (APR 4.778%) and 5-Year Adjustable Rates around 3.75% (APR3.809%) sometime within the next 45 days for the most qualified borro......

Mortgage Rates Spike On The Federal Reserve’s January 2010 Meeting Minutes

Mortgage markets reeled Wednesday after the Federal Reserve released the minutes from its January 26-27, 2010 meeting. Mortgage rates in IL are now at their highest levels since the start of t......

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