This Week Isn’t Shaping Up Much Better Than Last

January 11, 2010

Economic Calendar is Bare Unfortunately, this week doesn’t figure to be much better. For the second straight week, the economic calendar is bare.  Traders — like last week — will be forced to rely on “gut feel” to make their trades.  That rarely bodes well for shoppers.  Especially because traders are facing a mortgage market […]

Read the full article →

Last Week Proved Quite Difficult to Shop for a Mortgage Rate

January 11, 2010

For the second straight week, the economic calendar is bare. Traders, once again, will be forced to rely on “gut” to make their trades.

Read the full article →

2010 FHA Loan Limits Show No Change from 2009

January 8, 2010

The FHA published its 2010 loan limits. There’s no change from 2009.

Read the full article →

The Federal Reserve Isn’t Quite Clear on the Future of the Economy

January 7, 2010

Both mortgage rates and home affordability took a turn for the better Wednesday after the Federal Reserve released its December 15-16, 2009 meeting minutes.

Read the full article →

Nobody Knows What 2010 Will Bring for the Housing Industry

January 5, 2010

There’s a lot of talk on CNBC and elsewhere about what’s coming in 2010. Before you take those predictions to the bank, just remember that analysts do a much better job interpreting data from the past than projecting it into the future.

Read the full article →

Iowa MLS Market Stats & Conditions-December Update

January 4, 2010

What’s The Real Estate Market Doing? Do you ever wonder how our real estate market is here in Des Moines? Unfortunately, we spend a lot of time listening to how rough things are in other cities around the country, but too often we don’t really consider what our real estate climate is like. I’m a […]

Read the full article →

This Week is An Important Week for Mortgage Rates

January 4, 2010

Mortgage Market Depends on Employment Data It’s a week light with data, but heavy on importance.  The biggest news comes Friday in the form of the December employment report. Last month, the Unemployment Rate fell for just the second time in 2 years and net job gains nearly turned positive.  Both points were bad for […]

Read the full article →

What’s Ahead For Mortgage Rates This Week : January 4, 2010

January 4, 2010

Mortgage markets were relatively flat last week during holiday-shortened trading. After starting the week with a Monday surge higher, mortgage rates settled down thorough Tuesday and remained somewhat flat into the early-close for New Year’s Eve. However, as compared to the 4-month low posted post-Thanksgiving, conforming mortgage pricing has now worsened by more than 300 basis points.

Read the full article →

Take Advantage Des Moines, Put Your House on the Market Early

December 30, 2009

What’s The Real Estate Market Doing? Do you ever wonder how our real estate market is here in Des Moines? Unfortunately, we spend a lot of time listening to how rough things are in other cities around the country, but too often we don’t really consider what our real estate climate is like. I’m a […]

Read the full article →

Home Values Continue to Rise in Most U.S. Markets

December 30, 2009

More positive signals from housing — home values are still on the rise. According to the Federal Housing Finance Agency, after posting its first quarterly increase since 2007 this past September, the Home Price Index rose by another 0.6 percent in October. Prices are up in 4 of the last six months.

Read the full article →

← Previous Entries

Next Entries →