Monthly Archives: March 2012

Always Read the Revised Numbers!

Posted ago by Cary Cox

ShareThere is a great article from Zillow that shows why you should alway look at the revised numbers and not rely on the “Headline Number” that is purely an estimate. We’ve been saying for almost a year on this mortgage …

Houston Home Sales

Posted ago by Cary Cox

ShareHave you ever heard the saying, “Thank your lucky stars you live in Texas”? Well when it comes to real estate values those words ring true compared to much of the rest of the country. Houston Home Sales data was …

Houston Update on Mortgages

Posted ago by Cary Cox

ShareHere is a quick update on where mortgages are now and likely headed over the near-term. Lots of great information as always by Lou Barnes of ratewatch.com Long-term Treasurys and mortgage rates at last broke out of a half-year-long trading …

Short Sales – Part I

Posted ago by Cary Cox

ShareShort Sales are where lenders allow the sellers to sell the home for less than they owe on their mortgage balance without a foreclosure apparing on their credit report. Many buyers and sellers are finding out that “Short Sales” are anything …

Housing Turned the Corner?

Posted ago by Cary Cox

ShareThere are two things that are going to lead this economy to recovery – housing and jobs! Every end to a recession has been led by growth in the housing market. Why? It’s easy housing creates a huge “multiplier-effect” on …

News Affecting Mortgage Rates

Posted ago by Cary Cox

ShareThis week there is lots of economic news that will affect mortgage rates and the bulk of that news will arrive to us on Friday. So here is quick post on what the items are and how they can affect …

Economic & Political Uncertainty

Posted ago by Cary Cox

ShareAs usual Rate-Watch’s Lou Barnes is spot on with his political and economic analysis. We’re going nowhere fast. The dominant economic/financial commentary has us in strengthening recovery, and a serious minority says we are near new recession. Both are correct …

First-Time Home Market Heating-Up

Posted ago by Cary Cox

ShareBill Fisher of ratewatch.com gives us some good news on the purchase market front and the economy. This morning, the latest Pending Home Sale Report was released by the National Association of Realtors, which reported the highest index reading since …