From David's @BeachCitiesRealEstate Page on FB

Showing posts with label Mortgage Banker's Assn (MBA). Show all posts
Showing posts with label Mortgage Banker's Assn (MBA). Show all posts

Wednesday, April 14, 2010

Untruth of the Day: Treasury Official Says Housing Goals Not to Blame for Fannie, Freddie Failures - WSJ

An Asst. Treasury Secty has proclaimed to the Mortgage Bankers Association that Fannie Mae and Freddy Mac didn't fail because the government mandated they relax lending standards in order to meet affordable housing goals. Nope, they failed because Fannie and Freddie relaxed lending standards in order to generate more loans and make more money!

Treasury Official Says Housing Goals Not to Blame for Fannie, Freddie Failures - WSJ

Methinks the Asst. Treas. Secty doth protest too much. Fannie, Freddy, and lenders in general

Wednesday, March 10, 2010

Where Rates are Headed (According to the Mortgage Bankers Assn)

Where are mortgage rates headed?  Here's what the Mortgage Banker's Association predicts for the coming quarters: 6% by end of 2010! 

If you're thinking of buying or selling, this impacts affordability, so based on this info it's time to act now. - David

Wednesday, February 17, 2010

Thursday, February 4, 2010

Wednesday, January 13, 2010

Week-to-week mortgage applications rise 14.3%: MBA - MarketWatch

Rates on fixed rate mortgages slightly DOWN, rates on adjustable rate mortgages slightly UP, number of mortgage applications UP, but about 70% of those are refinances (good time to be looking at that). - David

Week-to-week mortgage applications rise 14.3%: MBA - MarketWatch

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