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Mortgage and Real Estate News by Quicken Loans:


Mortgage Applications Drop, Despite an Increase in Refinancing, in Latest Report
<p>The number of Americans seeking a mortgage to purchase a home fell, while applications for those seeking to refinance increased, according to this morning&#8217;s Market Composite Index, released by the Mortgage Bankers Association (MBA).</p><p><a href="https://www.quickenloans.com/mortgage-news/mortgage-applications-drop-despite-an-increase-in-refinancing-in-latest-report-5456">Read More</a></p><img src="http://feeds.quickenloans.com/~r/mortgage-news/~4/458557504" height="1" width="1"/>

Government Announces Loan Modification & Foreclosure Prevention Plan
<p>On Tuesday, the Bush Administration laid out a plan to rescue struggling homeowners and put an end to the crippling housing market. The plan is based around the mortgages held by now government-run Fannie Mae and Freddie Mac. The details of the plan are as follows...</p><p><a href="https://www.quickenloans.com/mortgage-news/government-announces-loan-modification-and-foreclosure-prevention-plan-5455">Read More</a></p><img src="http://feeds.quickenloans.com/~r/mortgage-news/~4/453193351" height="1" width="1"/>

Mortgage Applications Surge in Latest Report, Americans Turning to Security of FHA loans
<p>Americans are showing a renewed interest in refinancing their mortgages and purchasing new homes according to this morning&#8217;s Market Composite Index, released by the Mortgage Bankers Association (MBA).</p><p><a href="https://www.quickenloans.com/mortgage-news/mortgage-applications-surge-in-latest-report-americans-turning-to-security-of-fha-loans-5454">Read More</a></p><img src="http://feeds.quickenloans.com/~r/mortgage-news/~4/451906600" height="1" width="1"/>

VA Loans are the Top Mortgage Choice for Veterans and Military
<p>Today is Veterans Day and it&#8217;s a special time for the millions of American men and women who have served (or still serve) in the U.S. Military. One of the top military benefits is the VA loan and here is why.</p><p><a href="https://www.quickenloans.com/mortgage-news/va-loans-are-the-top-mortgage-choice-for-veterans-and-military-5453">Read More</a></p><img src="http://feeds.quickenloans.com/~r/mortgage-news/~4/450025399" height="1" width="1"/>

Mortgage Loan Activity Drops 20.3%
<p>The number of Americans seeking a mortgage to purchase a home or refinance an existing loan fell more than 20% last week, according to a weekly report issued today by the Mortgage Bankers Association (MBA).</p><p><a href="https://www.quickenloans.com/mortgage-news/mortgage-loan-activity-drops-20.3-5449">Read More</a></p><img src="http://feeds.quickenloans.com/~r/mortgage-news/~4/444703742" height="1" width="1"/>

How are Mortgage Interest Rates Affected by the Presidential Election
<p>With change on the horizon after last night&#039;s election, it&#039;s only natural to wonder what "change" will come to the mortgage market as a result. Furthermore, what change to mortgage interest rates have U.S. elections stirred up in the past? We always hear rumblings about mortgage interest rates dropping after an election, but is there any truth to it? Should you refinance now, or wait it out a couple months for rates to drop? In order to find out, some number crunching is in order.</p><p><a href="https://www.quickenloans.com/mortgage-news/how-are-mortgage-interest-rates-affected-by-the-presidential-election-5450">Read More</a></p><img src="http://feeds.quickenloans.com/~r/mortgage-news/~4/444703743" height="1" width="1"/>

Top 9 Conservation Tips for Winter-Time Home Selling
<p>If your home is on the market during the winter season, potential home buyers will have your home&#8217;s energy efficiency at the top of their mind. Here&#8217;re a few tips to make your home more attractive to conservation-minded buyers.</p><p><a href="https://www.quickenloans.com/mortgage-news/top-9-conservation-tps-for-winter-time-home-selling-5448">Read More</a></p><img src="http://feeds.quickenloans.com/~r/mortgage-news/~4/444703744" height="1" width="1"/>

Fed Funds Rate Drops to 1%, Near Lowest in U.S. History
<p>Breaking financial news: The Federal Open Market Committee (FOMC) announced today that it has dropped its Fed Funds rate to 1 percent--near the lowest it&#039;s been in U.S. history. Will it impact mortgage rates?</p><p><a href="https://www.quickenloans.com/mortgage-news/fed-funds-rate-moves-lower-to-1-near-lowest-in-us.-history-5447">Read More</a></p><img src="http://feeds.quickenloans.com/~r/mortgage-news/~4/444703745" height="1" width="1"/>

New Home Sales Post Slight Gain in September
<p>The U.S. Census Bureau and the Department of Housing and Urban Development announced today that sales of new, single-family homes in September rose 2.7 percent compared to August&#8217;s numbers.</p><p><a href="https://www.quickenloans.com/mortgage-news/new-home-sales-post-slight-gain-in-september-5446">Read More</a></p><img src="http://feeds.quickenloans.com/~r/mortgage-news/~4/444703746" height="1" width="1"/>

Existing Home Sales See Largest Increase in 13 months
<p>The National Association of Realtors announced today that existing home sales in September increased 5.5 percent as compared to August 2008.</p><p><a href="https://www.quickenloans.com/mortgage-news/existing-home-sales-see-largest-increase-in-13-months-5444">Read More</a></p><img src="http://feeds.quickenloans.com/~r/mortgage-news/~4/444703747" height="1" width="1"/>

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