Learn To Make Money In Real Estate Business
Archive for the ‘Real Estate Trends’ Category.
We had the chance to sit down with Ty Perry, a sales consultant with Ivory Homes. He told us, The current housing market has nowhere to go but up. Consumer confidence is the highest it has been in several years.
Overall mortgage applications remained virtually unchanged week-over-week, the Mortgage Bankers Association (MBA) said in its weekly mortgage report.
According to the MBAs Weekly Mortgage Applications Survey (data for week ending April 27, 2012), mortgage applications stayed relatively even increasing just 0.1 percent on a weekly basis amid mortgage rate fluctuations that saw the average interest rates of two mortgage products reach new historical lows.
Purchase activity showed better results than refinance activity in this latest data. The MBAs Purchase Index increased 3.7 percent from the previous week and sits 3.0 percent above results seen during the same week last year.
The MBAs Refinance Index, on the other hand, decreased 0.7 percent from one week earlier. In addition, the total amount of mortgage activity associated with refinancing fell week-over-week.
For week ending April 27, 2012, the refinance share of all mortgage activity declined to 72.6 percent of total applications.
Purple Leads, one of the top lead generation companies, is offering clients high quality HARP 2.0 Leads to help build their respective businesses.
A Purple Leads executive said This is a quality lead product were offering. HARP 2.0 is of interest to millions of homeowners in danger of foreclosure and we will deliver these leads to our clients.
HARP was developed by the federal government to help homeowners facing foreclosure and financial ruin.
Mortgage rates rose week-over-week, continuing the recent trend of increases in average rates, the Mortgage Bankers Association (MBA) said yesterday.
According to the MBAs Weekly Mortgage Applications Survey for the week ending March 23, 2012, average rates for both fixed-rate and adjustable-rate mortgages (ARMs) took to the upward trend.
Mortgage rates have been showing increases in recent weeks after plummeting into new record-low territory in early February.
In this latest MBA data, 30-year fixed-rate mortgages (those with conforming loan balances of $417,500 or less) increased to an average of 4.23 percent, up from 4.19 percent the previous week. This is the highest average 30-year fixed mortgage rate since November 2011, the MBA said.
Other 30-year fixed mortgage products also saw increases.
The goal of redesigning the website www.movewithnasi.com was to make it more focused on providing useful information and online tools to those searching for waterfront homes in Lewes and other towns of the Delaware shore, seniors retiring to the Delaware Beach area, as well as those who are interested in either purchasing a home in one of the Sussex Countys senior living communities or simply finding a great house that addresses their needs.
The website is loaded with great features.