• West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800
  • West Palm Beach Mortgage Lender – Christian Penner – Mortgage Broker West Palm Beach – 561-316-6800

Why 1515 is Critical to Mortgage Rates

  Stocks are lower and Bonds are recovering their losses from yesterday, as the markets are shrugging off a better than expected Initial Jobless Claims report.  The driver of today’s action was a worse than expected 4th quarter Eurozone GDP.  This lower number caused the Euro currency to move sharply lower against the Dollar.  Many parts of the world are attempting to intentionally devalue their currency as a means to spark

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Mortgage Delinquency Falls To 4-Year Low, But Remains Historically Elevated

TransUnion said today that the serious mortgage delinquency rate is heading downhill at a quickening pace, however long term delinquencies and the slow process of resolving them are impeding a return to more normal rates.   According to year-end data from the credit reporting company, the rate of serious delinquencies – 60 days or more – fell 14 percent in 2012 compared to 7% in 2010 and 6% in 2011.  By

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TransUnion sees Further Declines in Mortgage Delinquency Rates

TransUnion, one of the nation’s major credit reporting bureaus forecasted today that one of the   primary consumer credit variables — mortgage delinquency rates – will continue to decline through 2013 while the other – credit card delinquencies will increase slightly. The ratio of borrowers 60 or more days past due on their mortgages is projected to decline to 5.06 percent by the end of 2013 from an estimated 5.32 percent at

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Home Values Rise but Recovery is Uneven

Home Values Rise but Recovery is Uneven   Median national home values rose 1.3 percent from the second to the third quarter – the biggest quarterly gain since March 2006, when home values rose 1.5 percent and the fourth consecutive quarter of increases, Zillow reported today. The Zillow Home Value Index also rose on an annual basis, increasing 3.2 percent year-over-year to $153,800, and Zillow’s forecast shows U.S. home values will increase 1.7

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Christian Penner , - - - - - North Palm Beach , FL 33408 United States
Phone: (561) 316-6800 Email: TheMortgageTeam@ChristianPenner.com
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