• 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

Jupiter Mortgage Rates Are Bound to Reflect National Shift

For Jupiter homeowners and soon-to-be homeowners, it looks like the end for deeply depressed mortgage rates. Nationally, rising rates have temporarily created a downdraft in home loan applications. According to the Mortgage Bankers Association, mortgage applications fell 4% in the first week of July after plummeting 11.7% the week before. ‘The Market Composite Index’ is the measure of mortgage loan application volume — and it decreased 4.0% from a week earlier

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U.S. Real Estate Faces Lowest Inventory in More Than a Decade

Residential real estate has gone from dismal to a sellers’ market in just over a year. Once home prices stopped finally declining in early 2012, investors picked up their pace of acquisition in regional markets that where particularly affected by the housing downturn: Phoenix, Las Vegas, South Florida, and various markets in California. Inventories in those markets quickly tumbled, but that same situation is spreading to other metropolitan areas. According to

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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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Foreclosures Starts Drop to 71-Month Low

RealtyTrac has released its U.S. Foreclosure Market Report for November 2012, which shows foreclosure filings—default notices, scheduled auctions and bank repossessions—were reported on 180,817 U.S. properties in November, a decrease of three percent from October and down 19 percent from November 2011—marking the 26th consecutive month with an annual decrease in foreclosure activity. The report also shows one in every 728 U.S. housing units with a foreclosure filing during the

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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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