The Market Composite Index, a measure of mortgage loan application volume, decreased 1.2 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 8.6 percent compared with the previous week. The Refinance Index decreased 4.0 percent from the previous week to its lowest level since July 29, 2011. The seasonally adjusted Purchase Index increased 8.2percent from last week to its highest level since August 12, 2011.
Fannie and Freddie Pledge No Foreclosures Over the Holidays
December 3, 2011 by Jesse Spivakovsky · Leave a Comment
Fannie and Freddie Holiday Foreclosure Moratorium.
Homeowners with mortgages owned by Freddie Mac or Fannie Mae will not have to worry about getting foreclosed upon during the Christmas season thanks to a temporary moratorium that will run from Dec. 19 to Jan. 2.
But, since not all loans are owned by Freddie Mac or Fannie Mae, a handful of banks (lenders) have also stepped up to offer temporary foreclosure relief during the holidays. Chase, Wells Fargo and Bank of America have all announced plans to not evict homeowners during the holiday season though the programs vary in length by lender.
QUESTION: Why do 3% of the agents make 97% of the money?
RentJuice offers real estate websites
November 29, 2011 by Isabelle Bolliger · Leave a Comment
RentJuice, a company that provides online rental relationship management software to real estate professionals, is now offering a platform that integrates with WordPress to create websites for RentJuice customers, the company announced today.
Dubbed JuicePress, the platform automatically populates the websites with a customer’s rental or for-sale property listings and sends any prospect inquiries directly into the customer’s RentJuice lead management dashboard. The cost for JuicePress will be $199 per month in addition to the base cost of a RentJuice account.
“WordPress is currently the most popular content management system in use on the Internet and has hundreds of thousands of developers innovating on the platform.
$65,000 Home For Sale in Toms River, NJ 08753
November 26, 2011 by Jesse Spivakovsky · Leave a Comment
2241 Mount Hope Ln Toms River, NJ 08753
2bd. 1fb. $65,000 
Must see this Newport model in prime location in Holiday City. Priced to sell the home has recently been converted to gas. Spacious rooms and hardwood floors! This great bargain will not last! Continue reading…
Mortgage Application Volumes in U.S. Dip 1.2%
November 24, 2011 by Isabelle Bolliger · Leave a Comment
According to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 18, mortgage applications decreased 1.2 percent from one week earlier (which included the Veterans Day holiday).
Brazil’s important public sector reforms ‘need to continue’
November 22, 2011 by Sofia Camfield · Leave a Comment
Brazil has undergone a radical transformation over the last ten years, a decade that can be defined as a significant turning point in its history, the 21st century being one in which it finally makes a long and lasting mark on the way the world shapes itself.
This period of change has been evident in all facets of society and no more so than in its public sector. Reforms have not only been welcomed, but greatly appreciated. Yet, according to the Organisation for Economic Cooperation and Development (OECD), Brazil can further build on these successes by investing more in the mechanism needed to fight corruption.
“Integrity cannot depend only on the commitment of leaders.