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Rate Updates for 2/7/2012
APR based on 20% down payment and a $417,000 loan amount with impounds, > 700 Credit Score. Loans > $417,000 based on the same parameters.
Call for FHA & VA Rates
The Right Home Loan
Home loans are not one size fits all, and the experienced Mortgage Consultants at New American Funding are skilled at finding the mortgage program that most fits your needs. Whether you are looking to buy a new home, refinance your current mortgage for a lower rate, or cash out on your equity, we're ready to help!
Home Purchase Loans
Refinance Programs
Home Loans Direct
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Real Estate & Mortgage News TodayPowered by: Housing to gradually improve in 2012, NAR economist says - housingwire.com
Gradual improvement in the housing market is expected next year, with existing-home sales edging up 4% to 5% and new home sales getting an even bigger boost off this year's record lows, the... Five Great Things about Homeownership - realtytimes.com
If you've been on the fence about homeownership, now is the time to take a leap! Don't let the negative press deter you from one of life's greatest joys. Take a look at five short and sweet reasons that homeownership is great! U.S. Will Remain a Nation of Homeowners - realtor.org
The U.S. will not become a nation of renters; there are just too many benefits, both financial and otherwise, to own versus rent. That’s according to the combined findings of several recent studies... Words we use -- and shouldn't -- in real estate listings - inman.com
Every Tuesday night until February I'm in a finance class. I decided it was high time I understood the stock market, insurance plans and investing. Fannie and Freddie Detail New HARP Guidelines - Fannie and Freddie Detail New HARP Guidelines
Fannie Mae and Freddie Mac have released highly anticipated guidelines for the revised Home Affordable Refinance Program (HARP). Among the key program revisions, the GSEs have eliminated or raised the loan-to-value cap, and... 6 must-haves for mortgage approval - inman.com
Even trade-up buyers, owners of multiple properties hit roadblocks. Interest rates fell to new lows in September. Low interest rates increase affordability and should make it easier for buyers to qualify. Yet stories of buyers... Monthly mortgage payment almost 40% cheaper than 2006 - housingwire.com
Housing affordability improved dramatically because of declines in both prices and mortgage interest rates, according to David Stiff, chief economist at Fiserv. Foreclosure Starts Rise as Servicers Process Backlog of Delinquent Loans - dsnews.com
Foreclosure starts among private-label residential mortgage-backed securities (RMBS) have been rising toward historic averages, which will lead to an influx of distressed properties bringing downward pressure to the housing... Mortgage Rates Head Lower Making Another Record - realtytimes.com
As the financial crisis hit a high in Europe last week, here in the U.S. mortgage rates headed lower making another all time record. The potential of a Greek default held everyone's attention even as some positive data was...
The sale of properties repossessed through foreclosure may not peak until 2013, keeping home prices from a meaningful recovery for some time, analysts estimated Monday. Nearly half of the...
On average, male real estate agents list more homes than women do, while the homes women list have higher asking prices, according to a study by real estate search and marketing site Trulia.
The foreclosure tide has yet to ebb, and the massive supply of bank-owned homes building over the last half-decade has taken its toll on market fundamentals. What’s become of all those properties seized by banks? CoreLogic...
Existing-home sales were down in September on the heels of a strong gain in August, but remain well above a year ago, according to the National Association of Realtors®. Total existing-home...
Yahoo! Real Estate - A Look Ahead at New Homes of 2015. Find Real Estate including homes for sale, new houses, rentals, foreclosure properties as well as mortgage calculators and rates on Yahoo! Real Estate.
Mood of the Market. Half of refinance applications are abandoned or rejected, as are 30 percent of purchase mortgage applications, according to the Mortgage Bankers Association. All told, the Federal Financial Institutions...
RealtyTrac says foreclosure filings were reported on 610,337 properties in the third quarter of this year. That translates to one in every 213 homes with a filing during the three-month period. The third-quarter tally...
Today's experts spout off the latest statistics about long-term wealth, home values, and interest rates, yet there's a much more sentimental side to homeownership. In fact, many home buyers are drawn to homeownership for these...
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