This is against the backdrop of an ultra-low purchase and refinance environment for conforming and jumbo mortgage loans.
Mortgage Insider dishes it straight on housing and the jumbo mortgage market.
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Jumbo and Conforming Loan Rate Update
October 13th, 2011 The Editor Posted in conforming rates, jumbo fixed rates, mortgage delinquency No Comments »
Mortgage Delinquency continues to be a problem. It is our view that this could take several more years to run it's course. Average days till a home goes from first missed payment to getting listed as a foreclosure is roughly 1.5 to 2 full years in most states. The chart below is showing that over 10.18% of all mortgages are at least 60 days this is down from 10.58% at the March 2011 report. A modest improvement...
This is against the backdrop of an ultra-low purchase and refinance environment for conforming and jumbo mortgage loans.
www.bestjumborate.com
This is against the backdrop of an ultra-low purchase and refinance environment for conforming and jumbo mortgage loans.
Jumbo Loan Rates Continue Hovering Below 5%
July 27th, 2011 The Editor Posted in jumbo loan, mortgage delinquency No Comments »
Mortgage Delinquency continues to be a problem. It is our view that this could take several more years to run it's course. Average days till a home goes from first missed payment to getting listed as a foreclosure is roughly 1.5 to 2 full years in most states. The chart below is showing that over 10% of all mortgages are at least 60 days.
Here is your jumbo mortgage rate chart as well:
Mortgage Insider dishes it straight on housing and the jumbo mortgage market.