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WASHINGTON (July 1, 2010) – Following a surge driven by the home buyer tax credit, pending home sales fell with the expiration of the deadline for qualified buyers to sign a purchase contract, according to the National Association of Realtors®. … Continue reading →

Rates for three of four types of mortgages tracked by Freddie Mac hit record lows this week, as mortgage-backed securities that are the ultimate source of funding for most home loans continue to look attractive to investors. Rates on 30-year … Continue reading →

Upfront premiums for FHA-guaranteed loans could soon be reduced by more than half, but annual premiums on the government-sponsored mortgage insurance are expected to nearly double now that Congress has given FHA authority to revamp the way premiums are structured. … Continue reading →