News archive for May 2012

Auto loan delinquencies dropped nationally on both a quarterly and yearly basis, TransUnion said in a recent report. Read more

Posted in: Loans

Mortgage activity - measured in total applications - fell week-over-week despite the fact that mortgage rates tumbled to new record lows yet again, the MBA said. Read more

Posted in: Mortgage, Mortgage Rates, Refinance, Refinance Rates

Home builder confidence in the current market for newly built, single-family homes rose in May to the highest level in five years, the NAHB said in a recent report. Read more

Posted in: Home Equity, Mortgage

Mortgage rates remained steady and continue to test record-low levels, Freddie Mac said in its most recent Primary Mortgage Market Survey. Read more

Posted in: Mortgage Rates, Refinance Rates

Housing affordability conditions reached record levels in the first three months of 2012, the National Association of Realtors said. Read more

Posted in: Home Equity, Mortgage, Refinance

Thus far in 2012, record-low mortgage rates don't seem to hold for very long, as near lows always seem just around the corner. Read more

Posted in: Mortgage, Mortgage Rates, Refinance, Refinance Rates

A great majority of homeowners who opted to refinance in the first quarter (Q1) of 2012 choose fixed-rate mortgages over adjustable-rate mortgages for their new loan. Read more

Posted in: Refinance, Refinance Rates

The national credit card delinquency rate dropped quarter-over-quarter, reverse the recent trend of increases seen with late payments, TransUnion said in a recent report. Read more

Posted in: Business Credit Cards, Consumer Credit Cards, Student Credit Cards

Fixed mortgage rates dropped yet again, establishing new record-low marks, Freddie Mac said in its most recent weekly mortgage report. Read more

Posted in: Mortgage Rates, Refinance Rates

With mortgage rates plummeting to new record lows this week, mortgage refinancing activity jumped sharply, the Mortgage Bankers Association (MBA) said in a recent report. Read more

Posted in: Mortgage, Refinance, Refinance Rates