Posts with tag mortgage brokers association

Are Home Sales Up or Down?

Reading the headlines, you see that existing home sales are down. Then you turn the page and notice that purchase applications are up. Does that make any sense? But both statements are true. First, looking at the October report of the National Association of Realtors, which reports on October sales, we see that existing... Continue Reading »

Mortgage Applications Plunge 37% as Refinancings Rise

It's time to find some patience because home sales aren't likely to rebound significantly this selling season, new mortgage data indicates. The Mortgage Bankers Association reported a 37 percent drop in applications for home loans last week compared to the same week in 2009. Even though the weekly survey -- an index... Continue Reading »

Housing Recovery Update: Banks Hiring Employees to Increase Lending

In a move that's of interest to job hunters, homeowners and hopeful Americans alike, a handful of the nation's largest banks are ramping up their staff to increase lending operations, reports CNNMoney.com. Though the economic indicators -- new-home sales plummeting to a record low, wobbling home prices and high... Continue Reading »

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