Most of the news lately about real estate has been dismal: Home prices are swooning, foreclosures ballooning. Obama’s housing scorecard In the days ahead, the Obama administration is expected to announce yet another initiative to help rescue the housing market. How to rescue the housing market: Foreclosures! If the Obama administration really wants to save [...]
September 06 2011 | Homes Mortgages and Loans in the news | No Comments »
What bubble? 25 Best Places with priciest homes Homes in Manhattan Beach, Calif., went for a cool $1.4 million last year. What other Best Places still have high median sales prices? New-home sales dip in July New-home sales fell once again in July, the third straight month of declining sales for hard-pressed home builders. Number [...]
August 24 2011 | Homes Mortgages and Loans in the news | No Comments »
Mortgage rates at record lows Mortgage interest rates hit record lows this week, sending housing affordability soaring. Best places for affordable homes Residents who live in these growing towns see their incomes go the furthest. Burt Reynolds faces foreclosure in Florida Burt Reynolds could lose his waterfront mansion in Florida after failing to make mortgage [...]
August 19 2011 | Homes Mortgages and Loans in the news | No Comments »
Home ownership hits lowest level since 1965 As the foreclosure crisis continues to wreak havoc on the housing market, a source of national pride has taken a sour turn. Home ownership is on the decline and, according to a recent Morgan Stanley report, the United States is fast becoming a nation of renters. Mortgage rates [...]
August 07 2011 | Homes Mortgages and Loans in the news | No Comments »
Time is running out for you to be heard. You have until August 1 to help our coalition of homeowners prevent an onerous new rule from taking effect that would significantly impact the ability of hardworking Americans to buy or sell a home. This rule would also likely effect home values in neighborhoods nationwide. If [...]
July 28 2011 | Homes Mortgages and Loans in the news and Making a House a Home and Mortgage & Home Loan | No Comments »
Home prices dip 4.5% May home prices in 20 major cities dipped 4.5% from one year ago, marking a continued decline in the already battered housing market. New home sales slip again in June Sales of new single-family homes slipped for a second month in a row in June, falling short of estimates. Countrywide borrowers [...]
July 27 2011 | Homes Mortgages and Loans in the news | No Comments »
Home prices dip 4.5% May home prices in 20 major cities dipped 4.5% from one year ago, marking a continued decline in the already battered housing market. New home sales slip again in June Sales of new single-family homes slipped for a second month in a row in June, falling short of estimates. Countrywide borrowers [...]
July 26 2011 | Homes Mortgages and Loans in the news | No Comments »
Child’s Play, Grown-Up Cash Even in a troubled economy, some parents of means are willing to spend significant — if not eye-popping — sums on playhouses for their children. On Location: A House Built on Trust In the Virginia woods, a former nomad settles down in a 1,000-square-foot dream home designed by her lifelong best [...]
July 22 2011 | Homes Mortgages and Loans in the news | No Comments »
Short sale fraud plagues housing market Scammers are ripping off mortgage lenders by tens of thousands of dollars — sometimes in a matter of hours. Formula 1 heiress buys Spelling mansion for $85 million One of the most expensive homes of all time, the 56,500-square foot Spelling Manor, sold for a very steep discount Thursday [...]
July 19 2011 | Homes Mortgages and Loans in the news | No Comments »
A new and costly rule called Qualified Residential Mortgage, is being considered by federal regulators. If the proposal passes it would require homebuyers to make at least a 20% down payment on a home purchase for the most affordable rates. Federal regulators have taken a law passed by Congress intended to prevent future banking collapses [...]
July 17 2011 | Homes Mortgages and Loans in the news and Mortgage & Home Loan | No Comments »
