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Federal Housing Administration
Applications for FHA mortgage insurance on 1 to 4family homes were received for 537,700 properties in the first quarter of 2010, a decrease of 11 percent from the fourth quarter of 2009 and 31 percent below the first quarter of 2009. For the first quarter of 2010, total endorsements or insurance policies issued totaled 422,900, down 17 percent from the previous quarter and down 2 percent from the first quarter of 2009. For the first quarter of 2010, purchase endorsements, at 246,200 were down 19 percent from the fourth quarter of 2009 but up 35 percent from the first quarter of 2009. For the first quarter of 2010, endorsements for refinancing decreased to 176,700, down 15 percent from the fourth quarter of 2009 and down 29 percent from the first quarter of 2009. These numbers are not seasonally adjusted.
Read below more on the Mortgage Market
2010 1st Quarter Real Estate Market Data – The State of US Family Mortgage Market
2010 1st Quarter Real Estate Market Data – The State of US Housing Mortgage Interest Rates
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. 2010 1st Quarter Real Estate Market Data – The State of US FHA Mortgage Insurance is brought to you by SimplifyEm Pay Rent Online and Property Management SoftwareYou might also want to read:
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