Mortgages Blog

Tuesday, November 30, 2010 11:07 am
By Holden Lewis · Bankrate.com

Big-city home prices went down in the third quarter of this year, after having risen during the second quarter, when folks were scrambling to seize the homebuyer tax credit. The national home price index fell 2 percent from July through September, according to the S&P/Case-Shiller indexes. During the second quarter of this year, the national

» Read more
Monday, November 29, 2010 1:42 pm
By Holden Lewis · Bankrate.com

For mortgage rates, the most important item on this week’s economic calendar is Friday’s release of the November employment report. A better-than-expected report could lead to an increase in mortgage rates. If the jobs report is worse than expected, there’s a chance that mortgage rates could fall. But rates already are low, so a bad

» Read more
Wednesday, November 24, 2010 7:52 am
By Holden Lewis · Bankrate.com

Mortgage rates fell this week, just a little, Marcie Geffner writes in this week’s mortgage analysis. Benign news on consumer prices seems to have had something to do with it. In this week’s Rate Trend Index, a plurality of voters expect mortgage rate to remain relatively unchanged over the next week. That’s my view, too,

» Read more
Monday, November 22, 2010 10:00 am
By Jay MacDonald · Bankrate.com

Now that “robosigners” have flooded state courts with rubber-stamped foreclosures, is it any wonder that the courts have responded with their own version of an express lane? In the latest issue of Rolling Stone, investigative reporter Matt Taibbi profiles the workings of one such “rocket docket” here in Florida, where newspaper exposés of demented foreclosure

» Read more
Monday, November 22, 2010 9:59 am
By Holden Lewis · Bankrate.com

This week’s economic calendar is squeezed into two days — Tuesday and Wednesday. None of this week’s data will influence mortgage rates much. The first  item is Tuesday’s second estimate of gross domestic product in the third quarter. According to Briefing.com, the consensus is that the economy grew at a 2.4 percent annual rate in

» Read more
Thursday, November 18, 2010 4:17 pm
By Holden Lewis · Bankrate.com

I’m going to answer questions about today’s mortgage market in a live chat at 2:30 p.m. eastern time Friday, Nov. 19. It’ll last half an hour. West Coasters, take an early lunch and log on. It will be here. You can sign up there now for an email reminder shortly before the chat begins.

» Read more
Tags: Mortgages
Thursday, November 18, 2010 1:44 pm
By Holden Lewis · Bankrate.com

Fewer people were late on their mortgage payments during the third quarter of this year, according to the Mortgage Bankers Association. At the same time, there was an increase in the number of loans entering foreclosure. The decrease in mortgage delinquencies is a sign of an improving economy, says Michael Fratantoni, the association’s vice president

» Read more
Wednesday, November 17, 2010 11:39 am
By Marcie Geffner · Bankrate.com

Homeowners who’ve stopped making their mortgage payments can expect the foreclosure process to be a long, slow grind, and some new stats from LPS Applied Analytics in Jacksonville, Fla., suggest the timeline is stretching out to be even longer as the foreclosure crisis persists. A few observations from the latest LPS data: • Loans in the

» Read more
Monday, November 15, 2010 9:53 am
By Holden Lewis · Bankrate.com

This week’s economic calendar has plenty of stuff. For mortgage rates, the most important item on this week’s calendar comes Wednesday, when the Consumer Price Index for October is released. According to Briefing.com, the consensus prediction is that overall the index rose 0.3 percent, and core CPI rose 0.1 percent. If core inflation is much higher

» Read more
Monday, November 15, 2010 9:24 am
By Holden Lewis · Bankrate.com

Mortgage rates woke up on the wrong side of the bed this morning. Fixed mortgage rates are up about one-eighth of a percentage point compared to the end of the day Friday. What bad news for people who decided during the weekend to refinance this week. You’re asking whether this is a temporary blip or

» Read more
Page 69 of 83« First...102030...6768697071...80...Last »