Tag Archives: February
Foreclosure

Foreclosures Dip Unexpectedly in February

by Steve Rhodes This morning Lender Processing Services released their Mortgage Monitor Report for the month of February.  Both foreclosure starts and foreclosure sales dipped after an increase in January.  Foreclosure starts were down 15% from January while foreclosure sales were down 19% from the month prior. Loan delinquency rates were also Read more
Category: foreclosure
FHA

Current Mortgage Rates for Monday, February 27, 2012

by taminator Despite some improvement at the end of the week, mortgage rates ended up rising last week, partially as a result of the slowly improving U.S. economy, and partially as a result of a (temporary) resolution to the Greek debt crisis.  This morning rates are slightly improved, but there are a number of factors [...] Read more
Category: FHA
Foreclosure

Current Mortgage Rates for Thursday, February 23, 2012

by marsmet462 We’ve seen mortgage rates increase over the past week primary as a result of two things: signs that the U.S. economy is slowly improving and some progress in a resolution to the Greek debt situation.  According to Freddie Mac’s most recent Primary Mortgage Market Survey, the average rate on a 30-year fixed rate mortgage Read more
Category: foreclosure
Foreclosure

Current Mortgage Rates for Tuesday, February 21, 2012

by Steve Rhodes The Greeks, the EU, the IMF, and the ECB have ostensibly struck a deal over the Greek debt issue.  A bailout will be provided to the Greeks, assuming that the Greeks can live up to their end of the bargain (which is comprised of austerity measures and cuts that will not be [...] Read more
Category: foreclosure
Foreclosure

Current Mortgage Rates for Tuesday, February 14, 2012

by Steve Rhodes I do not anticipate that mortgage rates will change much today.  The primary economic report today showed that retail sales increased by 0.4% in January, while expectations were for a 0.7% increase.  So while the economy is growing marginally, it is growing less than expected, and stocks are down slightly this morning as a Read more
Category: foreclosure