Aug 3, 2012 2:27PM Mortgage Rates rose abruptly today capping a 6 day stretch that has seen the biggest swings of the past 7 weeks. Although the movements seen in several recent sessions have been big relative to what they were previously, they haven't yet resulted in a confirmed change to the prevailing Best-Execution Rate, which remains at 3.5% for most lenders. (Read More: What is A Best-Execution Mortgage Rate? ) Today's moves resulted from a stronger-than-expected Employment Situation Report as well as developments... Aug 3, 2012 4:39PM The Administration's Monthly Housing Scorecard for July contained little in the way of new information. The Scorecard is a summary of housing data from various sources such as the S&P/Case-Shiller house price indices, the National Association of Realtors® existing home sales report, Census data, and RealtyTrac foreclosure information. Most of the information has already been covered in by MND. The Scorecard includes by reference the monthly report on the Home Affordable Modification Program...
 |