Mortgage Applications Rise From The Dead
For the week ending October 10, 2014 mortgage applications increased 5.6 percent from a week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. Read More
Why Falling Unemployment Isn’t Helping Housing Recover
The housing recovery has been struggling lately. Mortgage lending just endured it’s worst month in 14 years and analysts are projecting un unprecedented “triple-dip” in home prices. Household income has continued to decline and wage grown has remained poor for years. Read More
Why Are Mortgage Applications at Their Lowest Level in 14 Years?
Mortgage applications fell 7.2 percent last week to reach their lowest level in over 14 years, according to the Mortgage Bankers Association. Figures this low in September likely indicate it’s going to be a long, cold, rough winter for housing. Read More
Is Subprime Making a Comeback?
Since the housing crisis of 2008, the phrase “subprime loan” has become the moral equivalent of a four-letter word, an indication of all that goes wrong when risky, irresponsible home loans for bad credit become commonplace. Read More
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