Foreclosure activity is much slower this year than last.
According to foreclosure-tracking firm RealtyTrac, the number of national foreclosure filings plunged 35 percent in March 2011 as compared to March 2010, a statistic that reflects a more healthy housing market and more robust outlook for 2011.
A...
Inflation pressures are mounting in the United States. And, Friday, the Consumer Price Index should prove it.
More commonly called “The Cost of Living Index”, CPI measures cost changes in the typical items bought by American households. Among others, CPI measures goods and service in...
After this week ends, the FHA is raising mortgage insurance premiums on its new Gig Harbor borrowers. It’s the FHA’s third such increase in the last 12 months.
Beginning with FHA Case Numbers assigned April 18, 2011, mortgage insurance premiums will be higher by 25 basis points per year, or...
Consumer spending is alive and well, it seems — unwelcome news for today’s home buyers.
Wednesday, the Census Bureau will release its March Retail Sales figures and the report is expected to show higher sales receipts for the 9th straight month. A strong reading like that should...
Mortgage markets worsened last week as energy costs remained high, and jobs data looked strong. The safe haven buying that characterized the March mortgage market has subsided.
it’s driving mortgage rates higher across Washington.
Conforming and FHA mortgage rates rolled back 8 weeks worth of...
