By Brian Honea In a widely anticipated move, U.S. Senator Richard Shelby (R-Alabama) was named Chairman of the U.S. Senate Committee on Banking, Housing, and
By Tory Barringer A day after the White House announced plans to cut the Federal Housing Administration’s (FHA) mortgage insurance premium by 50 basis points,
By Matthew Graham Posted To: MBS Commentary Dear HUD, First of all, thanks for dropping annual MI. That’s cool and all, but the way you’re
By Matthew Graham Posted To: Mortgage Rate Watch Mortgage rates continued drifting slightly higher after a strong move to 19 month lows on Tuesday. The
By Brian Honea A recent poll conducted by the National Foundation for Credit Counseling (NFCC) showed that two-thirds of respondents showed uncertainty with regards how
By Brian Honea In a speech Thursday morning in Phoenix, President Barack Obama spoke of the progress the housing market has made since 2009 and
By Brian Honea In a 30-minute speech Thursday morning at Central High School in Phoenix, Arizona, President Barack Obama spoke of the progress the housing
By Tory Barringer Freddie Mac reported Thursday that the average interest rate for a 30-year fixed-rate mortgage (FRM) fell to 3.73 percent (0.6 point) in
