1-26-11 New Product for Growing Demand

Ken Pederson from FAIRWAY Independent Mortgage Corp. in Lancaster, PA discusses the growing need for reverse mortgages, and how important it is to have a specialist on staff to help your clients find the right one. Not all reverse mortgage products are the same, and it is important to make sure your client finds the [...]

CONSUMER ALERT: Home Loan Demand Falls As Refinancing Slows

CONSUMER ALERT: Home Loan Demand Falls As Refinancing Slows
NEW YORK – Mortgage applications for home loan refinancing fell for a second straight week, dropping to its lowest level since early August, as rock-bottom interest rates failed to boost demand. While historically low mortgage rates have been a glimmer of hope for a housing market that [...]

Mortgage Rates Set New Record at 4.69%, So Why Is Demand Weak?

Mortgage Rates Set New Record at 4.69%, So Why Is Demand Weak?
Mortgage rates, at an average 4.69%, have fallen to their lowest levels in more than 50 years. So why is loan demand so weak?
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Home Loan Demand Drops Despite Dip in Rates

Home Loan Demand Drops Despite Dip in Rates
U.S. mortgage applications dipped last week, reflecting reduced demand for home purchase loans even as rates on 30-year loans fell to their lowest since December, data from an industry group showed o…
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U.S. home refinancing demand soars first week of 2010

U.S. home refinancing demand soars first week of 2010
NEW YORK — U.S. mortgage applications rose during the first week of 2010, reflecting a surge in demand for home refinancing loans as interest rates dropped, data from an industry group showed on Wedn…
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Arizona, Chicago Sales Show Insurance Demand Persists (Update1)

Arizona, Chicago Sales Show Insurance Demand Persists (Update1)
Jan. 14 (Bloomberg) — Municipal debt sales this week by Arizona and Chicago show demand for bond insurance persists, even after the percentage of the market to carry such guarantees plummeted to below 10 percent last year.
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