Posts Tagged ‘ Building Permits ’

Good News For Sellers : Housing Starts Fall To 1-Year Low In May 2010

June 17, 2010
By CU Mortgage Division - Lacey Washington Mortgage Lender
Good News For Sellers : Housing Starts Fall To 1-Year Low In May 2010

Single-family housing starts plummeted to a one-year low in May, just 30 days after soaring to a 20-month high. It's no wonder home builders are confused.
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Housing Starts Rise In April, Exerting Downward Pressure On Home Prices

May 19, 2010
By CU Mortgage Division - Lacey Washington Mortgage Lender
Housing Starts Rise In April, Exerting Downward Pressure On Home Prices

Home prices are based on housing's supply and demand. For the next few months, supply should elevate, helping prices remain suppressed, after which, supply should dwindle. The best time to buy a home, therefore, may be right this very minute.
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Posted in Daily Mortgage News, Home Sales Data | No Comments »

What’s Ahead For Mortgage Rates This Week : February 16, 2010

February 16, 2010
By CU Mortgage Division - Lacey Washington Mortgage Lender
What’s Ahead For Mortgage Rates This Week : February 16, 2010

Mortgage markets worsened last week on general profit-taking in the U.S. bond market, combined with talk of a coordinated rescue effort for Greece and its debt burden. Mortgage-backed bonds sold off, causing conventional and FHA mortgage rates to rise.
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Posted in Interest Rates, Weekly News | No Comments »