Tag Archives: Financial Services Roundtable

Mortgage Applications Rise As Interest Rates Fall Again

| October 13, 2010

National Mortgage Professional Magazine reported today on its website that mortgage applications were up as interest rates fell for a fifth consecutive week. The Mortgage Bankers Association’s Weekly Mortgage Applications Survey showed that the Market Composite Index — a measure of mortgage loan application volume — increased 14.6% on the week ending October 8. The […]

What Might the Foreclosure Moratorium Mean to the Housing Market?

| October 11, 2010

Today’s REALTORMag article reported that members of Congress want a nationwide moratorium on foreclosure sales, citing alleged errors and irregularities in processing the applications. While some say this is needed, others worry the already weakening housing market and economic conditions will only be weakened further. U.S. Congressman Edolphus Towns of New York said that the […]