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Tag Archives: mortgage loans
Mortgage Rates Highest in Over a Month
Mortgage rates were slightly higher today, depending on the lender. Many lenders ended up raising rates last Friday afternoon as underlying bond markets weakened. The remaining lenders had more distance to cover in terms of getting caught up with market movements. The … Continue reading
Treasury Weighs in With Mortgage Industry Recommendations
The Treasury Department has recommended some sweeping changes for consumer financial services including some directly impacting the mortgage industry. A new report recognizes the growing importance of non-depository institutions in the mortgage system, attributing it in part to various factors that have raised … Continue reading
Posted in Best Mortgage Brokers in Las Vegas, Home Buyers Las Vegas, home loans las vegas, Home Mortgage, Home Refinance, Las Vegas Mortgage Broker
Tagged FHA Approved Lender, home loans, Las Vegas Mortgage Broker, Las Vegas Mortgage Loans, Mortgage, mortgage loans, Mortgage Rates, Superior Mortgage Lending
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Mortgage, Groupon and card debt: how the bottom half bolsters U.S. economy
PHILADELPHIA (Reuters) – By almost every measure, the U.S. economy is booming. But a look behind the headlines of roaring job growth and consumer spending reveals how the boom continues in large part by the poorer half of Americans fleecing … Continue reading
Existing Home Sales Below Expectations for Second Month
Analysts were expecting existing home sales to rebound in May after they fell behind year-ago levels in April. However, the National Association of Realtors® (NAR) reported a second straight monthly loss, with the Northeast the only region where sales improved. Sales … Continue reading
The Ever-Changing World of Private Mortgage Insurance; Capital Markets
Residential lenders aren’t the only ones having a tough time out there. Builder Hovnanian reported a Q2 loss of $9.8 million. The Social Security program’s costs will exceed its income this year for the first time since 1982, forcing the … Continue reading
After Long Search, MBA Finds New Leadership
A nine-month search for a replacement for David H. Stevens as president and CEO of the Mortgage Bankers Association (MBA) ended today with the selection of Robert D. Broeksmit. Broeksmit is a Certified Mortgage Banker (CMB) and current president and chief … Continue reading
Residential and Private Construction Numbers Solid in April
April turned out to be a solid month for construction. The Census Bureau said that dollar value of new construction activity on residential, non-residential, and public projects was at a seasonally adjusted and annual total of $1.31 trillion. This represented a … Continue reading
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