Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day...
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Posts Tagged ‘ Mortgage Bankers Association ’
Mortgage Application Searches Fall To Record Lows
Google searches for "mortgage applications" plunged to a 5 year low in December.
View full report in Google Insights for Search
According to researchers at the NY Fed, " Recent academic research finds that Internet search data can forecast the c...
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Strategic Default OK, but not for you
“... underwater borrowers should keep paying on their mortgage loans and ‘should not walk away from lawful debts’. In an interview this past year, Courson appeared genuinely concerned adding: ‘What about the message they will send to their fam...
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Glimmers of Housing Hope In Mortgage Applications Data
Purchase mortgage applications rose 6.4% last week according to the Mortgage Bankers Association and major media outlets. As always, the media report only the seasonally adjusted data fed to them by the MBAA. Rarely should a week to week change have any seasonal effects, although last week would be an exception because the week...
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Housing Picture No Darker
The article is an excerpt from the Wall Street Examiner Professional Edition Housing Update for subscribers. Scroll to the end for the subscriber link to the complete report. Housing data for this month suggests that the usual seasonal uptick in prices has ended. Data is mixed as to whether the seasonal decline that normally...
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Housing Time Bomb Goes Tick Tock Tick Tock
A couple of data points reported today marked a tick and a tock on the housing market clock. The Mortgage Bankers Association Mortgage Applications Index release was weak but not explosive. The FHFA (Federal Housing Finance Agency) monthly data on home sale prices was up, but meaningless. The FHFA data is after the fact price...
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Housing Indicators Show Lower Seasonal Peak
Two housing market indicators released over the last two days suggest that the market is making a seasonal peak at a weaker level than last year, but that the rate of decline is slowing. Mortgage purchase applications have been slipping in June following a small decline in the week ended June 17. They remain...
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Prime U.S. Mortgage Foreclosures Hit Record
For years we've heard about the horrendous problems with subprime mortgages....Well, now even PRIME mortgage foreclosures are at record levels...
Homeowners are falling behind on their mortgage payments as job cuts make it difficult for them to cover ...
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The Squatter Socialized Loss Fiasco
I have posted numerous times about the impacts of the defacto squatter economic “policy.” I say policy because I truly feel this is a deliberate and flawed attempt to socialize more losses, leaving the burden for taxpayers, Treasury creditors, and future generations, in much the same way that losses to banksters were socialized. I...
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Sour Housing Notes
The following is an excerpt from the Professional Edition Fed Report of December 23. It was also made available to Wall Street Examiner Economic Bulletins, a free email service, on December 24. You can subscribe via the form in the left sidebar. The Mortgage Bankers Association’s Mortgage Applications index announced Wednesday did a belly...
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