Cole Taylor Mortgage

The housing market took a breather in April. After forging past its benchmark value of 100 in March, April’s Pending Home Sales Index dropped back to 95.5, its lowest reading of the year......

Foreclosures filings fell 5 percent between March and April of this year, and by 11 percent as compared to one year ago. The data comes from RealtyTrac. The foreclosure-tracking firm tallied ......

Mortgage markets worsened slightly last week as demand for mortgage-backed bonds slacked. There was little surprise in U.S. economic data and the unfolding story lines of the Eurozone continue......

For the fifth consecutive week, conforming 30-year fixed rate mortgage rates have dropped to new all-time lows. According to this week’s Primary Mortgage Market Survey from Freddie Mac,......

The April New Home Sales report suggests that the market for newly-built homes is as strong as the market for existing ones.  According to the U.S. Census Bureau, the number of new homes ......

Low mortgage rates are helping to make homes more affordable. It appears home buyers have taken notice. According to the National Association of REALTORS®, Existing Home Sales rose 3.4% i......

Falling mortgage rates and stagnant home prices are making a positive effect on home affordability nationwide. Never before in recorded history have so many homes been affordable to households......

Mortgage bonds improved last week on lingering concerns for the European Union, plus weaker-than-expected economic data here at home. Global investors were net buyers of mortgage-backed securi......

The Federal Open Market Committee released its April 2012 meeting minutes this week, revealing a Federal Reserve in the ready in the event additional monetary stimulus is needed. The Fed Minut......

The new construction housing market continues to improve. One day after the National Association of Homebuilders reported a 5-year high in homebuilder confidence, the U.S. Census Bureau report......