Blog Archive: May 2009
Welcome to Ilyce Glink's blog! Here you'll find Ilyce's latest insights on personal finance advice, real estate advice and consumer issues. Come back often for timely and interesting posts on a wide variety of topics.
Added May 13, 2009 by Melanie G. Rogers
For the week ending May 8, the number of mortgage applications filed fell by 8.6 percent from a week earlier, reported the Mortgage Bankers Association today.
MBA's Refinance Index dropped by 11.2 percent while the Purchase Index increased by 0.5 percent from a week earlier, on a seasonally adjusted…
Topics:
mortgage,
refinance mortgage,
mortgage loan,
financing,
mortgage lenders,
arm mortgage,
fixed rate mortgage
Added May 13, 2009 by Melanie G. Rogers
In the first quarter, the number of foreclosures increased 24 percent from a year earlier, reported RealtyTrac today. One in every 159 homes received a foreclosure notice in the first quarter. RealtyTrac includes bank repossessions, default notices and auction sale notices in the foreclosures it…
Topics:
real estate,
foreclosure,
housing market,
real estate market,
auctions
Added May 13, 2009 by Melanie G. Rogers
The Commerce Department announced today that retail services sales fell 0.4 percent in April, compared with March.
Retail sales declined 10.1 percent from a year earlier.
Total sales from February through April 2009 declined 9.2 percent from a year earlier.
April retail trade sales fell 0.4 percent…
Topics:
personal finance advice,
personal finance,
credit crisis
Added May 13, 2009 by Jennifer A. Freeman
A majority of Americans, 71 percent, say now is a good time to buy a house, according to an April Gallup poll.
This is up 18 percentage points from a year ago and the highest level of housing-purchase optimism in four years.
However, sluggish home sales across the country mean that Americans aren't…
Topics:
real estate,
real estate market,
home buying
