Tag Archives: Down
Common Document Errors Bog Down Short Sales
Looking for tips on how to keep the short sale process moving? Often there are two common problems that can derail a short sale: incorrect and incomplete document submissions. As one of the largest mortgage servicers in the country, we … Continue reading
Accurate Estimates Bring Down Closing Costs
It might be harder to get a loan today, but it costs a little less to close one than it did a year ago because lenders are estimating closing costs better, according to the latest annual survey of closing costs … Continue reading
Fed Says: Family Incomes Down in Recent Years
(MCT)—A new survey of U.S. family finances released by the Federal Reserve on Monday documents in painful detail just how deeply the Great Recession and its aftermath has been felt in family budgets across America. The Survey of Consumer Finances, … Continue reading
Certified Green Construction Market Strong in Down Economy
Green construction is moving from a niche to the mainstream. The total value of certified green construction worldwide in 2011 is estimated at nearly $ 70 billion. According to a new research report from SBI Energy, the market is anticipated … Continue reading
Stable Housing Numbers: Down Payments Remain Elevated
Down payments greater than or equal to 20 percent were made by 34 percent of all residential home purchasers last month, a percentage that has remained relatively stable over the past year, according to the latest REALTOR® Confidence Index survey … Continue reading
Existing-Home Sales Decline in March but Inventory Down, Prices Stabilizing
Existing-home sales were down in March but continue to outpace year-ago levels, while inventory tightened and home prices are showing further signs of stabilizing, according to the National Association of REALTORS®. Total existing-home sales, which are completed transactions that include … Continue reading
Existing-Home Sales Rise Again in January, Inventory Down
Existing-home sales rose in January, marking three gains in the past four months, while inventories continued to improve, according to the National Association of Realtors®. Total existing-home sales, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, … Continue reading
Mortgage Applications Down Nearly 3 Percent Last Week
Mortgage applications decreased 2.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 27, 2012. The Market Composite Index, a measure of mortgage loan application volume, … Continue reading
Housing Starts Down Slightly in July
Nationwide housing starts edged down 1.5 percent to a seasonally adjusted annual rate of 604,000 units in July, according to figures released by the U.S. Commerce Department. The slight decline comes on the heels of significant gains in housing production… … Continue reading