Real Estate News
New York condo sells for a record $90M
An unnamed buyer paid more than $90 million for a Midtown Manhattan penthouse, the highest price ever paid for a New York apartment, according to the building's developer. [Link]
MBS RECAP: Slightly Bumpy Ride Late, But Important Level Holds
Posted To: MBS Commentary MBS Live : MBS Afternoon Market Summary 104-16 Turned out to be an important level for Fannie 3.5's today. There's more than the … [Link]
Mortgage Rates Lower Still, But Progress Is Slow
Posted To: Mortgage Rate Watch Mortgage Rates improved marginally from yesterday's new all-time lows. Without any major scheduled events to digest, bond markets … [Link]
Mortgage Registry Now Includes all States, Federal Lenders
Posted To: MND NewsWire The State Regulatory Registry, LLC (SRR) and the Nationwide Mortgage Licensing System (NMLS) have issued an Annual Report for 2011. The report notes that … [Link]
MBS MID-DAY: Relatively Uneventful Despite Slight Weakness
Posted To: MBS Commentary MBS Live : MBS Morning Market Summary As the trading day progresses, things are shaping up to be increasingly uneventful even though MBS … [Link]
Realtors Show Clout, 'Protecting The American Dream' in DC Rally
Posted To: MND NewsWire Realtors® massed on the Washington Mall on Thursday to show their strength in a year in which their trade organization, The National Association of … [Link]
'I have an airplane hangar in my front yard'
Like so many Americans across the nation, Julie Clark commutes to work. But she doesn't drive, walk or even take a bus or train. Instead, she flies a plane. [Link]
A Note on The Implications Of Flat Fee Pricing; Lender Updates Continue; Ready For Another Refi Wave?
Posted To: Pipeline Press Facebook…Facebook…Facebook…I guess the financial press is tired of discussing things like Europe's woes. ( Even … [Link]
The Day Ahead: Markets Free To "Trade It Out" Amid Data-Free Session
Posted To: MBS Commentary With so many unprecedented and hefty considerations, markets might enjoy today's complete absence of scheduled economic data as some … [Link]
MBS RECAP: Snowball Buying As Fedspectations Team Up With Euro-Drama
Posted To: MBS Commentary MBS Live : MBS Afternoon Market Summary Two of our favorite made-up terms joined forces today to carry MBS to yet another all-time high … [Link]
Mortgage Rates Officially Hit New All-Time Lows!
Posted To: Mortgage Rate Watch Mortgage Rates hit new all-time lows today. In most cases, lenders' offerings are just slightly better across the board than they … [Link]
The Facebook effect on San Francisco real estate
The Basis Point is a popular mortgage and housing blog that tracks consumer critical issues and data. It is edited by Julian Hebron, a retail mortgage lender who runs the San Francisco branches of RPM Mortgage. [Link]
Mortgage rates hit record low again
Buying a home just got even cheaper as interest rates on both 30-year and 15-year-fixed-rate mortgages set record lows for the third week in a row. [Link]
NAHB, NAR Agree, Homes Never More Affordable
Posted To: MND NewsWire For the second time in a week a national housing trade organization has shown that purchasing a home is now within the reach of a record number of … [Link]
MBS MID-DAY: More Gains On Philly Fed Miss
Posted To: MBS Commentary MBS Live : MBS Morning Market Summary The main market-mover of the morning was the release of the Philadelphia Fed Survey, the chief … [Link]
The CFPB already has how many employees? And LO's wonder, "Could mortgage rates really go lower?"
Posted To: Pipeline Press Accenture Credit Services announced that, "Low interest rates, less competition, more regulation and tighter credit … [Link]
Home buying at most affordable level in decades
Buying a home has reached its most affordable level in more than two decades. [Link]
The Day Ahead: Calendar Lightens Up Before Data-Less Friday
Posted To: MBS Commentary If the calendar of upcoming events and y'day's volume are any indication, it's possible that Wednesday was the climactic … [Link]
Foreclosures fall to lowest level since 2007
Foreclosure filings in April fell for the third straight month to the lowest level since July 2007. [Link]
Judicial States Continue to Skew Foreclosure Statistics
Posted To: MND NewsWire There were substantial improvements in delinquency rates during the first quarter of 2012 according to the National Delinquency Survey for the period … [Link]