RISMEDIA, February 22, 2011—(MCT)—There’s a note of optimism in the air about the U.S. mortgage delinquency rate. The number of mortgages that were past due in the fourth quarter of 2010 was at its lowest level since the end of 2008 (excluding homes that are already in foreclosure). Meanwhile, the number of U.S. mortgages that were one month late last quarter fell to its lowest level since the end of 2007, the Mortgage Bankers Association recently reported.
RISMEDIA, February 11, 2011—Home sales rebounded in 49 states during the fourth quarter of 2010 with 78 markets—just over half of the available metropolitan areas—experiencing price gains from a year ago, while most of the rest saw price weakness, according to the latest survey by the National Association of REALTORS®.
Economic and Housing Outlooks Brighten According to Fannie Mae Analysis Group
RISMEDIA, December 28, 2010—Improvements in consumer spending and consumer confidence, increased demand for goods and services, and falling unemployment claims are all positive factors for a brighter outlook as we move into 2011, according to the December 2010 Economic Outlook released today by Fannie Mae's (OTC Bulletin Board: FNMA) Economics & Mortgage Market Analysis Group.