Serious Delinquencies Decline, Foreclosure Rates Steady  

Source: DSNews.com

Serious delinquencies are on the decline, while foreclosures have steadied at 5.5 percent, according to recent data from Foreclosure-Response.org, a joint venture of the Local Initiatives Support Corporation, the Urban Institute, and the Center for Housing Policy. Read more >>

Mortgage Rates Fall to Record Lows

Source: CNNMoney

The average rate on the 30-year fixed mortgage fell to 3.94%, matching the all-time low hit in early October, according to Freddie Mac's weekly mortgage rate survey. Meanwhile, 15-year fixed-rate loans hit a new record low of 3.21%, surpassing the record set on October 6. Read more >>

FHA Waives Anti-Flipping Rule Through Year-End to Speed REO Sales

Source: DSNews.com

The Federal Housing Administration (FHA) is extending the temporary waiver of its property anti-flipping rule through the end of 2012. Read more >>