Bankrate.com Mortgage Trend Index (February 14, 2008)
I am a regular participant in the Bankrate.com Mortgage Rate Trend survey and this week's survey is now available. Note: the survey only covers...

Continue Reading Bankrate.com Mortgage Trend Index (February 14, 2008)

Lawrence Yun Spins In Rochester
Lawrence 'paid spinner' Yun is back blaming the media and saying the housing slump is 'greatly exaggerated.' This paid spinner does not know...

Continue Reading Lawrence Yun Spins In Rochester


Mortgage applications drop 0.3% after 12% increase
New applications for home purchase mortgages dropped 0.3% during the week ending February 8, 2008, after rising 12% the week before, according...

Continue Reading Mortgage applications drop 0.3% after 12% increase

How Ignoring Adjectives Can Improve Your Understanding Of Mortgages
If you spend enough time reading the papers and watching the news, you'll notice a subtle bias when reporters talk about mortgages and real estate....

Continue Reading How Ignoring Adjectives Can Improve Your Understanding Of Mortgages

Maintain The Mortgage Status Quo, or A Bunch Of Things You Should Do While Waiting For Your Home Loan Approval
The term status quo means different things to different people. In England, it's a quote-unquote rock band, for example. In America, "status...

Continue Reading Maintain The Mortgage Status Quo, or A Bunch Of Things You Should Do While Waiting For Your Home Loan Approval

Why It’s A Good Time To Look At Adjustable Rate Mortgages
Mortgage rates are highly sensitive to expectations for the U.S. economy. When the economy is expected to sag, mortgage rates tend to fall When...

Continue Reading Why It’s A Good Time To Look At Adjustable Rate Mortgages

Pending home sales slip
The Pending Home Sales Index fell 1.5% in December, the November reading was revised downward and home sales are projected to drop during the...

Continue Reading Pending home sales slip

Bankrate.com Mortgage Trend Index (February 7, 2008)
I am a regular participant in the Bankrate.com Mortgage Rate Trend survey and this week's survey is now available. Note: the survey only covers...

Continue Reading Bankrate.com Mortgage Trend Index (February 7, 2008)

Mortgage applications back to uptrend - up 12% last week
New applications for home mortgages for purchases returned to their 3-month uptrend last week, up 12% after the previous week’s drop, and...

Continue Reading Mortgage applications back to uptrend - up 12% last week

How The “Declining Markets” Designation Is The 2008 Equivalent Of 125% Home Loans
If you take the time to read The Mortgage Reports each day, you probably read other well-known Web sites, too. It's one of the reasons why I...

Continue Reading How The “Declining Markets” Designation Is The 2008 Equivalent Of 125% Home Loans

Housing Units of The Wealthy Also Declining Significantly
In general prices in percentage terms have fallen more in less desirable areas of bubble markets. Prices and sales volume are falling for housing...

Continue Reading Housing Units of The Wealthy Also Declining Significantly

Spring Buying Season Has Started And Home Sellers Have New Roadblocks To Consider
The end of the NFL football season traditionally marks the start of the Spring Buying Season for homebuyers and homebuyers-to-be. I don't have...

Continue Reading Spring Buying Season Has Started And Home Sellers Have New Roadblocks To Consider