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Posts related to ‘Housing’

Mortgage Delinquencies Rise Slightly in April

Posted: May 25, 2012 at 12:28 pm

The monthly mortgage report for April was released today by Freddie Mac. The report notes a rise of just 0.01% in delinquent mortgage payments for single-family homes and a rise ...
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Cities with the Most Homes Underwater

Posted: May 25, 2012 at 6:20 am

Mortgage debt continues to be a major issue in the United States, nearly six years after home prices peaked, according to a report released Thursday by online real estate site ...
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Cities With The Most Homes In Foreclosure

Posted: May 22, 2012 at 6:22 pm

According to data released last week, the worst effects of the housing crisis are beginning to wind down. RealtyTrac’s latest report shows the number of foreclosures in the U.S. in ...
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Existing Home Sales, Prices Up

Posted: May 22, 2012 at 12:11 pm

The National Association of Realtors (NAR) issued its monthly report on existing home sales for April this morning, and the news was about what was expected. Sales rose 3.4% in ...
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Lowe’s Shares Hammered by Weak Guidance (LOW, HD)

Posted: May 21, 2012 at 8:27 am

Lowe’s Companies Inc. (NYSE: LOW) reported first fiscal quarter results this morning that were better than the consensus estimate, but full-year EPS guidance did not meet the prior estimate and ...
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Facebook’s IPO and Housing Prices: Be Careful What You Wish For

Posted: May 18, 2012 at 1:42 pm

-By Jed Kolko Today’s Facebook IPO will make a lot of my Bay Area neighbors very rich, at least on paper. And many more of my neighbors are hoping that ...
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Fixed-rate Mortgages Continue to Post New Lows

Posted: May 17, 2012 at 11:04 am

The interest rate on a 30-year fixed-rate mortgage fell to an all-time low of 3.79% last week according to Freddie Mac. The previous record low was 3.83% set in last ...
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Almost No Improvement in Foreclosure Rates

Posted: May 17, 2012 at 6:25 am

There are a handful of theories about what will signal a bottom of the housing market. Perhaps an increase in prices or a drop in the supply of homes or ...
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RealtyTrac Foreclosure Data Improves, A Little

Posted: May 17, 2012 at 6:18 am

The debate over the state of the housing market continues to see-saw. RealtyTrac reported that April foreclosures fell again and are now back to July 2007 levels. But, the research ...
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April Housing Starts Kept Lower By Northeast & West Regions

Posted: May 16, 2012 at 8:39 am

The Commerce Department has reported that Housing Starts for the month of April are up by 2.6% to 717,000 on an annualized basis.  The gains seem high, but the Dow ...
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Home Depot Disappoints as Home Sales Rise

Posted: May 15, 2012 at 7:40 am

The Home Depot Inc. (NYSE: HD) reported first quarter earnings this morning that were close to consensus estimates for both EPS and revenues, but just enough short to give investors ...
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Fixed-rate Mortgages Post Another All-time Low

Posted: May 10, 2012 at 11:20 am

The interest rate on a 30-year fixed-rate mortgage fell to an all-time low of 3.83% last week according to Freddie Mac. The previous record low was 3.84% set in last ...
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Annaly Holds Up Well On Creative Financing (NLY, AGNC, REM)

Posted: May 9, 2012 at 9:50 am

Annaly Capital Management, Inc. (NYSE: NLY) is perhaps one of the most closely watched mortgage REITs of them all, in part because of the $16 billion size and in part ...
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Cities Where Home Prices Are Collapsing

Posted: May 9, 2012 at 6:34 am

Nationally, home prices are projected to decline 4% by the end of this year, according to Fiserv Case-Shiller’s latest report. Most of the country’s largest metropolitan areas will not escape ...
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BofA Starts More Mortgage Forgiveness Efforts, Sort Of (BAC)

Posted: May 8, 2012 at 8:00 am

Bank of America Corporation (NYSE: BAC) may be trying to move further and further past its mortgage exposure, but its Home Loans division is reaching out to customers who may ...
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