Tag Archives: HARP 2.0

Mortgage Refinancings Surge in 2015

The Mortgage Corner The still record-low interest rates are making a difference. Refinancings jumped 66 percent in January’s first two weeks, according to the MBA. And borrowers who refinanced during the fourth quarter of 2014 were able to reduce their … Continue reading

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2014 Mortgage Volumes (and Delinquencies) Lower

The Mortgage Corner It looks like the housing market still has to play catch up in 2014. Both mortgage volume and existing-home sales have declined drastically. But new-home sales and housing construction have picked up, even with the Polar weather, … Continue reading

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Housing Construction, Retail Sales Surge

The Mortgage Corner Another sign that the economy is finally recovering—new housing starts surged 15 percent, to their highest levels since 2008 and the beginning of the Great Recession. This is boosting construction employment in particular, but also finance, insurance … Continue reading

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Housing Values Jump in Q2 2012

The Mortgage Corner Consumers, perk up, as I said last week. Housing values are finally rising nationally. In fact, housing prices in all 20 city-metro areas in the Case-Shiller Home Price Index rose for the first time in years, before … Continue reading

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Housing Recovery Has Begun

The Mortgage Corner This may be the brashest of predictions. Can residential real estate prices actually be recovering? Yes, as housing inventories decline. The National Association of Realtors just reported on the national level, inventory of for-sale single family homes, … Continue reading

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HARP 2.0 Loan Modifications Begin This Week

The Mortgage Corner The revamped HARP 2.0 loan modification program for Fannie Mae and Freddie Mac loans kicks off this week, which allows unlimited loan-to-values for existing 30 or 15-year fixed rate mortgages owned by Fannie and Freddie, and maximum … Continue reading

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