A report on Home Prices expected out Tuesday, December 30, 2008, is likely to prompt the push for additional relief for the housing sector.
The S&P/Case-Shiller index of home prices is expected to reflect the continuing toll exacted by the deflating housing bubble. Along these lines, here is a rather remarkable list of factors — all errupting within the last […]

Near record low mortgage rates spurred a 62 percent spike in refinance activity, while purchase applications increased 10 percent. Refinance activity continues to surge as mortgage rates neared record lows. Here is all the lastest detail …….

Refiances Dominate: According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey, the refinance share of mortgage activity […]

More bad news. The Architecture Billings Index, which is compiled from a monthly survey of architecture firms around the U.S., is at its lowest level since the American Institute of Architects survey began in 1995.
A Leading Economic Indicator: Since the index reflects an approximate nine- to twelve-month lag time between architecture billings and construction spending, […]

Economists at Freddie Mac are more pessimistic about the economy than they were just a short month ago, and no longer believe mortgage origination’s will rebound in 2009.
And as bleak as these projections are, the real question is — who knows where all of this is going: Mortgage origination’s down, home sales down, home […]