Items Tagged with 'Bill Banfield'


  • Lenders react to end of Freddie Mac 1% down payment mortgage offerings

    Quicken Loans and UWM weigh in
    0% down and 1% down mortgage offerings just started to gain traction in the industry before Freddie Mac announced it completely nixed the program option. So what was the goal in rolling out the 3% down or less options? Help spur homeownership and give first-time homebuyers an affordable conforming, conventional mortgage option. And according to an interview with Quicken Loans and United Wholesale Mortgage that is exactly what the programs were doing.
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  • Home prices rise, but where?

    Case-Shiller: "Housing indicators remain mixed"
    “The year-over-year changes suggest that prices are rising more slowly,” said David Blitzer, chairman of the Index Committee at S&P Dow Jones Indices. “Annual price increases for the two composites have slowed in the last four months."
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  • Housing begins to see signs of normalcy, but will it last?

    Industry experts react to pricing reports
    Several reports were released Tuesday that implied continued success for home prices in the U.S. — a sure sign that the housing market is back on its feet. The Federal Housing Administration home price index and the Standard & Poor’s/Case-Shiller HPI, both came out with relatively positive data.
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