Real Estate Investing

Jan. 24, 2013

Wind insurance premiums too high along SC coast

Homeowners, check this out! Premiums for wind insurance being discussed as it is said to be too high along SC coast.

 

"Premiums for wind insurance along the South Carolina coast are too high, and the state’s next insurance director needs to find out why, a coastal …

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Jan. 23, 2013

Mortgage Applications Increase in Latest MBA Weekly Survey (January 11, 2013)

Mortgage applications increased 15.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 11, 2013.

The Market Composite Index, a measure of mortgage loan application volume, increased 15.2 percent on a seasonally adjusted basis from …

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Jan. 23, 2013

Mortgage Applications Increase in Latest MBA Weekly Survey

Mortgage applications increased 7.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 18, 2013.

The Market Composite Index, a measure of mortgage loan application volume, increased 7.0 percent on a seasonally adjusted basis from …

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Jan. 22, 2013

Six Reasons Housing Inventory Keeps Declining

Even though Real Estate websites have over one million listings on them, the inventory of available homes around the country is much lower than it should be in a "healthy" economy. While that's a concern for the housing market as a whole, it's making a dramatic difference for the year. …

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Jan. 22, 2013

Housing Starts Up 12.1 Percent in December

Solid gains in both single-family and multifamily housing production resulted in nationwide housing starts rising 12.1 percent to a seasonally adjusted annual rate of 954,000 units in December, according to newly released data from the U.S. Commerce Department. This is the highest level of new home production since June of …

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Jan. 21, 2013

MBA Commends CFPB's Mortgage Servicing Rules

David H. Stevens, President and CEO of the Mortgage Bankers Association (MBA), issued the following statement on the final Mortgage Servicing Rules released recently by the Consumer Financial Protection Bureau (CFPB).

“MBA commends Director Cordray and the CFPB for finalizing the mortgage servicing rules, and continuing to produce regulations …

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Jan. 20, 2013

Mortgage Rates Mostly Flat

Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing mortgage rates largely unchanged from the previous week helping to keep homebuyer affordability high, refinancing strong and should continue to aid the ongoing housing recovery.

Results showed that the 30-year fixed-rate mortgage (FRM) averaged 3.38 …

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Jan. 20, 2013

Time to Buy a Home?

Is this the right time to buy a home? If not now, then when? When you get older? Maybe you need to tell tell this to yourself before you get scared away from paying the monthly mortgage. Why would I rent if I can own my home?!

Renting means that …

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Jan. 18, 2013

Fannie Mae Multifamily Issuance Tops $10 Billion in Fourth Quarter

Fannie Mae issued approximately $10.8 billion of multifamily MBS in the fourth quarter of 2012, backed by new multifamily loans delivered by its lenders. Total issuance for 2012 was $33.1 billion, which was up from $23.8 billion in 2011. Fannie Mae also resecuritized $2.2 billion of DUS® MBS through its …

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Jan. 17, 2013

Fannie Mae Provides Monthly, Ongoing Single-Family MBS Loan-Level Disclosure

On Friday, January 11, Fannie Mae released monthly loan-level disclosure data for its Single-Family mortgage-backed securities (MBS) as part of its loan-level disclosures initiative. The data will be updated monthly and will be provided for MBS beginning with an issue date of April 1, 2003.

“We believe that releasing …

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