Builders are busy once again. According to the Census Bureau, Single-Family Housing Starts rose to 453,000 on a seasonally-adjusted, annualized basis in June — a 9 percent spike from the month prior and the highest reading in 3 seasons.
Led By Expectations Of A Strong Fall Season, Homebuilder Confidence Bounces Back
Homebuilder confidence is bouncing back. One month after an unceremonious dip highlighted by poor sales figures and dim prospects for the future, the National Association of Homebuilder’s Housing Market Index rebounded two points to 15 in July.
What’s Ahead For Mortgage Rates This Week : July 18, 2011
Mortgage markets worsened last week as concerns for the global economy drove new rounds of “safe haven” buying.
Retail Sales Rise For 12th Straight Month In June
The American Consumer will not be deterred. Despite worsening jobless figures and an increase in the Cost of Living, Retail Sales are climbing.
For The 9th Straight Month, Foreclosure Filings Fall
According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings dropped 29 percent nationwide on an annual basis in June.
Fed Minutes Hint At New Economic Stimulus
The Federal Reserve released its June 2011 Federal Open Market Committee meeting minutes Tuesday. It contained no surprises.
What Is Annual Percentage Rate (APR)?
More commonly called APR, Annual Percentage Rate is a government-mandated mortgage comparison tool. It measures the total cost of borrowing over the life of a loan into dollars-and-cents.
What’s Ahead For Mortgage Rates This Week : July 11, 2011
Mortgage markets improved in roller coaster-like trading last week. And, not surprisingly, the week’s two big stories were the same two stories roiling mortgage markets since March — Greece and Jobs.
Mid-Year Review : Were The Experts Right About The Market?
The year is half-over. It’s an opportune time to take stock of analyst predictions made at the start of the year, and to recognize that the “experts” can be wrong as often as they are right.
Economy Expected To Have Added 80,000 Jobs In June
Friday morning, at 8:30 AM ET, the Bureau of Labor Statistics releases its June Non-Farm Payrolls report. If you’re currently shopping for a mortgage, or floating a mortgage rate, be prepared. Mortgage rates can change following the monthly report’s release. Often, by a lot.
-
Act now – Time is running out!
-
Link: More People using USDA Loans than Ever
-
No USDA from April to October 2010?
USDA HOME LOAN NEWS
- USDA offers loan program for low income families - bcrnews.com January 27, 2012USDA offers loan program for low income familiesbcrnews.comUSDA, acting through Rural Development, is announcing a program in which low income families in rural Bureau County would be able to purchase a home with 100 percent financing. Rural Development may make rural housing loans to low income families and ...and more » […]
- Agriculture Secretary Vilsack highlights blueprint for Delaware job creation - Newark Post January 27, 2012WDEL 1150AMAgriculture Secretary Vilsack highlights blueprint for Delaware job creationNewark PostAcross the country, USDA has helped more than 450000 rural families buy a home, and provided grants and loans to help over 50000 small rural businesses create and saving 266000 jobs. Posted in News, Business on Friday, January 27, 2012 12:13 pm.Agriculture Secre […]
- Secretary's Column: An Economy That's Built to Last - USDA.gov (press release) (blog) January 27, 2012Secretary's Column: An Economy That's Built to LastUSDA.gov (press release) (blog)In the past 3 years at USDA, we have helped more than 450000 rural families buy or refinance a home, and provided grants and loans to help over 50000 small rural businesses create and saving 266000 jobs. And unemployment rates in rural areas are ...and more » […]
- USDA Touts Record Indiana Investments - Inside INdiana Business (press release) January 25, 2012USDA Touts Record Indiana InvestmentsInside INdiana Business (press release)USDA Rural Development programs continue to provide homeownership opportunities during the current housing and credit crisis. Rural Development loans are available with no down payment and no private mortgage insurance. "We increased our outreach to ...and more » […]
