tag:blogger.com,1999:blog-86578022011-12-14T18:35:43.038-08:00How To Make Money This Month In Real Estate Wealth Through Real Estate InvestingReloblog Adminnoreply@blogger.comBlogger3111100tag:blogger.com,1999:blog-8657802.post-1166479255730243402006-12-18T13:58:00.000-08:002006-12-18T14:00:55.943-08:00

Homeowners Falling Behind on Mortgage Payments More American homeowners are slipping behind on their monthly mortgage payments, especially those who had subprime credit histories and scores when they applied for their homeloans. Roughly one of every 20 homeowners with a mortgage -- 4.7 percent -- was at least 30 days late during the third quarter, according to the Mortgage Bankers Association's

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1166056286839252072006-12-13T16:29:00.000-08:002006-12-13T16:31:27.086-08:00

Foreclosure ScamsHow to avoid being the next victim to lose your house to "consultants" who claims they will pay your mortgage.More than 1 million borrowers have seen their homes put in foreclosure so far this year. And with more foreclosures, "foreclosure rescue" scams are also on the rise. 1: How it worksFirst, let's take a look at what the trends are. There is a triple-digit percentage gains

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1156377326782281412006-08-23T16:53:00.000-07:002006-08-23T16:55:27.086-07:00

Toronto Real EstateResale home transactions remained robust in the first half of August, as mid-month figures showed a three per cent increase over the same timeframe last year, Toronto Real Estate Board President Dorothy Mason announced. The 3,290 sales to mid-month surpassed the 3,196 sales recorded to mid-August 2005, while real estate prices increased four per cent over the same timeframe to

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1155606274153656852006-08-14T18:42:00.000-07:002006-08-14T18:44:35.043-07:00

Mortagage Loan Appraisals When the real estate market is hot, home sellers get upset when the mortgage loan appraiser comes in too low. And when the market is slow, potential buyers (and sellers) object to the low value which the appraiser places on the house. You plan to purchase a condominium unit, and enter into a contract with your home seller to pay $500,000. You give the real estate agent

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1155002871266465712006-08-07T19:06:00.000-07:002006-08-07T19:07:51.776-07:00

Real Estate Investment Trends Indiana real estate Idaho real estate Maryland real estateIf you’re tracking where home real estate investors are putting their money these days, forget Miami, Naples, Vegas, San Diego and LA, start thinking about lower-key places like South Bend, Indiana; Pocatello and Boise, Idaho; and the northern Maryland panhandle. According to a new analysis of mortgage data

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1154566693072586802006-08-02T17:56:00.000-07:002006-08-02T17:58:14.106-07:00

Hawaii real estate newsMaui, Hawaii, saw a decline in real estate sales activity during the first half of this year. Experts are reporting that it slowed by as much as 27 percent. This is a considerable drop for any location and has caused a slowing in home price appreciation as well. The average home sales price increased just 1 percent -- though that brings the average to over $1 million notes

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1154395272150855652006-07-31T18:18:00.000-07:002006-07-31T18:26:30.086-07:00

Chicago Real EstateGaining momentum in the 2nd quarter this year, Geneva, Illinois, has seen a significant increase in real estate prices this year. Geneva is a suburb of Chicago, that is known for its historic downtown and charming neighborhoods. Experts are reporting that the market, while growing, is neutral at this time. It is neither a home buyers paradise nor a home sellers paradise, but

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1153966239207449662006-07-26T19:09:00.000-07:002006-07-26T19:10:41.016-07:00

Mortgages Credit ScoresWhat do you do if your credit score is high enough to obtain the rate and product you are seeking, but is not as high as you think it should be? "Leave it alone," says a Southwest Florida mortgage broker. "This is not an ego trip," Cicione advised his colleagues who were taking a four-unit continuing education course in understanding credit scoring at the Florida

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1153884076077018642006-07-25T20:11:00.000-07:002006-07-25T20:21:16.430-07:00

Silicon Valley Real Estate, San Jose Sunnyvale Santa Clara real estate, California real estate, Los Angeles Long Beach Santa Ana real estate, Colorado Springs real estate, Tucson AZ real estate; Denver Aurora CO real estate; Indianapolis IN real estate; Kansas City real estate; and Oklahoma City, OK real estate Silicon Valley residents who've decided they can't afford to buy a home had better

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1153797096831372042006-07-24T20:09:00.000-07:002006-07-24T20:11:37.336-07:00

California real estate newsCalifornia Out To Slash Title, Escrow FeesConcerned, repeated million dollar fines levied against the escrow and title insurance industry amount to little more than a slap on the wrist. The California Department of Insurance wants to slash escrow and title fees so much that a home buyer could save more than $2,300 on closing costs. The consumer rate cuts would shave $1

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1153363159184465322006-07-19T19:26:00.000-07:002006-07-19T19:43:54.526-07:00

California mortgages, Washington mortgages, Colorado mortgages, Virginia mortgages, Arizona mortgages, Nevada mortgages, Oregon mortgages, Illinois mortgages, Georgia mortgages, Massachusetts mortgages, North Carolina mortgages, Utah mortgages, Florida mortgages, Texas mortgages, and Missouri mortgages.Suicide Loans: Piggyback Mortgages Default by up to 50%"This is precisely what I have been

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1153188931238507392006-07-17T19:13:00.000-07:002006-07-17T19:22:59.293-07:00

Boston Massachusetts real estateBoston, Massachusetts, is just one city having a difficult time with the current adjustments real estatet is making. One expert reports that the greater Boston area has been under tremendous pressure this spring to perform in a manner much like last year. It cannot. In fact, the South Shore is off 9.2 percent in the number of home sales.Boston itself is still

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1152837983160904392006-07-13T17:44:00.000-07:002006-07-13T17:46:23.873-07:00

Florida foreclosuresFlorida foreclosure filings jumped by 6 percent from April to May, according to a study by RealtyTrac Inc., an online data concern. That’s one new filing for every 821 Florida households.By contrast, national foreclosure filings rose by less than 2 percent, averaging about one new filing for every 1,247 U.S. households. The numbers for St. Lucie County were even more grim. One

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1152495622927058442006-07-09T18:37:00.000-07:002006-07-09T18:44:11.836-07:00

Golden belt real estate...is of better quality than in most states.More New Homes Contain Life-Threatening DefectsNew homes built in the West in 2005 were constructed with better quality than those elsewhere in the nation, according to a risk management services firm from San Diego, CA. Unfortunately, the study also says, wherever you go, life-threatening defects too often show up when you need

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1151640044489093812006-06-29T20:57:00.000-07:002006-06-29T21:00:47.386-07:00

Mortgage Refinance Best Mortgage Refinance Your High Interest Current Mortgage:Over the past several years, mortgage rates have hit all time lows. Thousands of people have seized on this opportunity to save money on their existing home loan. This era has been marked as the mortgage refinance era. If you are interested in obtaining the latest mortgage rates apply for either a refinance quote or a

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1151471237268856212006-06-27T22:04:00.000-07:002006-06-27T22:07:17.886-07:00

Million-dollar homes ... for a fraction of the priceGet a big, luxurious vacation home in a beautiful resort for just a tenth of the going rate.The catch is that you only get to use it a fraction of the time.For a rapidly increasing number of Americans, "fractional-ownership" is a perfect trade-off. Owners get a beautiful, high-quality house, in a fantastic location, with great services and

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1151281609490075162006-06-25T17:12:00.000-07:002006-06-25T17:26:50.016-07:00

Colorado foreclosures, California foreclosures, Illinois foreclosures, Nevada foreclosures, Weld foreclosuresColorado in May had the highest percentage of homes in foreclosure of any state in the nation for the third consecutive month, according to an Irvine, California company that tracks foreclosure filings. There was one foreclosure filing for every 436 households in the state, a rate 2.8

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1151022757676984942006-06-22T17:31:00.000-07:002006-06-22T17:32:37.996-07:00

Mortgage ratesMortgage rates rose this week with 30-year mortgages climbing to the highest level in more than four years on investor fears about inflation.It was reported Thursday that rates on 30-year, fixed-rate mortgages rose to a nationwide average of 6.71 percent, up from 6.63 percent last week. It was the highest level for 30-year mortgages since they averaged 6.76 the week of May 31, 2002.

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1150857705532415412006-06-20T19:40:00.000-07:002006-06-20T19:41:46.193-07:00

Manhattan million dollar real estateManhattan Beach leads million-dollar plus home sales for towns in California.Forget Beverly Hills, Santa Monica and Malibu--Manhattan Beach is home to the most million dollar-plus home sales in the state. Last year, 313 Manhattan Beach homes homes sold for one million or more, up 86 percent from the 168 sold in 2001 and eclipsing the 304 sold in Beverly Hills

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1150767642459875352006-06-19T18:39:00.000-07:002006-06-19T18:40:42.673-07:00

Mortgage rates comparisonOr is it discrimination ??A national consumer group has just lobbed a bombshell at the mortgage brokerage industry -- a charge of "pervasive" discrimination against African-American and Hispanic loan applicants. After a 28-month investigation in six metropolitan areas using "paired testers," or mystery shoppers, the National Community Reinvestment Coalition (NCRC) says it

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1150684072783733482006-06-18T19:24:00.000-07:002006-06-18T19:27:53.060-07:00

Alternative Home Loans Can a lender increase your increase rate just because you have been at your job less than two years ? Yes. Lenders can do that. They can do mostly anything they want as long as they do it without prejudice and they can make as many goofy lending rules as they see fit. Fortunately, there really aren't that many goofy rules that are different from lender to lender. But

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1150422903966585102006-06-15T18:53:00.000-07:002006-06-15T18:55:15.770-07:00

Metropolitan Real EstateKeep an eye on the supply of homes in your market. Inventories may have to more than double before home prices begin to decline, but if you know when inventories are sufficient to impact home prices you could be in a better position to negotiate. A New York City real estate agent says the number of existing homes listed on Realtor.com rose 60 percent to 2.3 million in May

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1150252894241560622006-06-13T19:25:00.000-07:002006-06-13T19:41:34.683-07:00

Gulf Coast Real EstateSelect Gulf Coast communities, hardest hit by hurricane-spawned housing shortages, have become profitable regional anomalies, surrounded by larger real estate locations suffering some of the slowest price gains in the nation. In the first quarter this year, the West and East South Central real estate were the third and fourth slowest in the nation. Only the West and East

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1150084257514819852006-06-11T20:48:00.000-07:002006-06-11T21:38:55.146-07:00

California Real EstateAs prices continue to rise unabashed by sales slips, Californians are backing off adjustable rate mortgages and it is being made are making it tougher to qualify for home loans. In February, 51.9 percent of all California home buyers financed their purchases with an adjustable rate mortgage (ARM), down from 63.7 percent in January, 68.7 percent in December and 70.9 percent

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1149817964692723912006-06-08T18:51:00.000-07:002006-06-08T18:55:31.200-07:00

Sunbelt Hot Real Estate InvestmentsWith bubble like appreciation in many of the primary locations like San Francisco, Las Vegas, Miami, and New York an entrepreneurial investor knows to look to the second and third tier zones that have more upside and less downside risk. An investor looks for those that have above average growth rates for jobs, population and retirees. They often offer the best

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1149648094486433072006-06-06T19:39:00.000-07:002006-06-06T19:45:21.630-07:00

Million dollar real estateAs higher interest rates have slowed the rise in residential real estate prices the past few months, one segment has remained relatively strong: The luxury home scene.It is said that there's enormous wealth in the high end, chasing the available homes. Though there are upticks in inventories and time-on-the-market, luxury homes sales have even improved in some states. In

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1149131944946109882006-05-31T20:16:00.000-07:002006-06-02T00:05:37.223-07:00

Mortgage Rates It has been reported that borrowers of color are 30% more likely to receive higher mortgage rates for home loans than white borrowers.African-Americans and Latinos are 30 percent more likely to receive higher mortgage rates for home loans than white borrowers despite similar credit scores and risk factors, according to a study published Wednesday by The Center for Responsible

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1148442195544977532006-05-23T20:42:00.000-07:002006-06-02T00:12:22.530-07:00

Real Estate ... WashingtonAs forecasts for housing price growth have cooled for most of the country, they are calling for surging values in the state of Washington.The median home price in Wenatchee, a small city in central Washington, is set to grow at 16.7 percent from June 2006 to June 2007. Other bright spots: Mount Vernon (14.5 percent), Olympia (13.1 percent) and Yakima (12.8 percent).For

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1147917743319735292006-05-17T19:00:00.000-07:002006-05-17T19:02:23.720-07:00

How to get rich in real estate To succeed in a tough real estate conditions, you've got to change your strategy. Owners, sellers and buyers have been found to be making smart moves in three very different situations.Home sales are slowing. Condo prices are slipping. Sellers can't get their asking prices. And even real estate bulls are now waving the caution flag. If you're expecting a short-term

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1147658273509710312006-05-14T18:55:00.000-07:002006-05-14T18:57:53.836-07:00

Refinancning and lowering monthly mortgage payments An interest-only loan gives you the option of paying just the interest , or paying interest and as much principal as you want in any given month. The interest-only option is available for a fixed number of years, and always in the initial years of the loan. Interest-only loans can be traditional fixed-rate mortgages or adjustable rates. How

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1147393627064238942006-05-11T17:23:00.000-07:002006-05-12T01:53:02.813-07:00

Mortgage Cycling - A Powerful Mortgage Technique For Dramatically Paying Down Any Mortgage 10 Times Faster Without Changing Your Current Mortgage ProviderHomeowners are finding out how to shave off up to 20 years from their 30-year mortgages with Mortgage Cycling, a recently developed mortgage loophole. Mortgage Cycling reveals how homeowners can build up their equity 10 times faster than using

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1147228664358480612006-05-09T19:36:00.000-07:002006-05-10T02:01:42.006-07:00

Million Dollar Real Estate InvestingIt never pays to get caught up in group hysteria, especially when it comes to real estate investing.Read on if you are a buyer, seller or speculator...Conditions vary from town to town, and no national stats can give you a clear picture of what's happening in your neighborhood. So don't let headlines spook you into making a costly mistake.Even simple steps can

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1147052422376465772006-05-07T18:39:00.000-07:002006-05-07T18:40:22.770-07:00

In the latest sign of the cooling real estate market, luxury home builder Toll Brothers reported a sharp drop in the value of its contracts and lowered its outlook for the homes it will build this year.The suburban Philadelphia-based builder reported that while its fiscal second-quarter home building revenues rose 18 percent to about $1.4 billion, signed contracts plunged 29 percent to about $1.6

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1146821054731484062006-05-05T02:23:00.000-07:002006-05-05T02:24:15.043-07:00

Real Estate SearchHomestore Inc, has rolled out its new real estate search-engine Web site, Move.com, as part of a long-term strategy that’s expected to drive more traffic to REALTOR.com. The new Web site capitalizes on the way people find information online today—through search engines, Homestore executives say. Move.com is a real estate-specific search engine that allows Internet users to find

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1146443041683468792006-04-30T17:24:00.000-07:002006-04-30T17:33:15.900-07:00

The government reported new homes sold at an annual rate of 1.21 million homes in March, up 13.8 percent from a revised 1.07 million pace in February.New home sales posted the biggest jump in 13 years in March, but sales got a boost as builders cut prices to cope with higher mortgage rates and a growing backlog of houses.That easily topped forecasts for a 1.1 million pace from economists. The

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1146099957913565172006-04-26T18:05:00.000-07:002006-04-26T18:15:24.843-07:00

According to a study released, the wealthy want their homes soon and they want them big.The very wealthy want pretty much what everyone else wants in a home – just more of it.The study surveyed members of 500 households with net investable assets of at least $5 million -- the median was $28 million, the top half percentile or so of the population.It was found that wealthy Americans usually pay

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1145876013640902152006-04-24T03:53:00.000-07:002006-04-24T14:20:23.746-07:00

Home BuyersCongressman Chaka Fattah joined with the Federal Home Loan Bank of Pittsburgh to unveil "First Front Door," which offers more than 6 million dollars in grants for lower-income first time home buyers.The grants, up to $5,000 for each qualified home buyer, are available through participating area banks. The grant program from the FHLBank of Pittsburgh will assist in down payment and

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1145841801524595692006-04-23T18:23:00.000-07:002006-04-24T14:19:45.283-07:00

Residents are leaving high-priced areas in the Northeast and West Coast for more affordable places in the Sun Belt.It has been reported that the movement of Americans from north to south is trending as strong as ever. And, it seems, housing prices are driving the trend. The net out-migration of residents is from high-priced northeastern and West Coast cities to more affordable housing areas in

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1145506496352941762006-04-19T21:14:00.000-07:002006-04-19T21:14:56.816-07:00

The key to becoming a millionaire is to own your own home, rather than to rent one.The key message by David Bach, best selling author, is that you simply cannot get rich by renting. "It's so hard to share that with people who are renting, but it's the truth," he said "The average renter in America today is poor. They're worth less than $5,000. The average homeowner is worth over $172,000. So,

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1145410543021500562006-04-18T18:35:00.000-07:002006-04-18T18:44:28.816-07:00

In mostly anonymous postings, agents are reporting big problems on the real estate scene.If the secret worries of real estate professionals are any indication, home prices could be heading for a swoon.When recently given the opportunity to blog about market conditions, real estate agents almost uniformly described them as bad – and getting worse. Normally, brokers and agents tend to sugarcoat the

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1145332292460516642006-04-17T20:51:00.000-07:002006-04-17T20:51:32.836-07:00

Martha Stewart-style homes go on sale in Cary, North Carolina.Fans of Martha Stewart now have the opportunity to live more like her...three home designs based on four of the "Domestic Goddess's" own residences are now on the market at a development in North Carolina.KB Home, the Los Angeles-based home builder, and Martha Stewart Living Omnimedia, recently unveiled three model homes of their

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1144899165967375102006-04-12T20:32:00.000-07:002006-04-12T20:35:09.813-07:00

It is reported that higher rates reduced mortgage applications for first time in three weeks.U.S. mortgage applications fell for the first time in three weeks, as a near four-year high in interest rates dissuaded consumers from taking out home loans.Borrowing costs on 30-year fixed-rate mortgages, excluding fees, averaged 6.50 percent, up 0.01 percentage point from the previous week, its highest

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1144806104804415442006-04-11T18:41:00.000-07:002006-04-11T18:49:50.316-07:00

These days, when it comes to homebuying, you're doing more of the work. But buyer's agents still claim the same fat fees from sellers when deals close -- generally half of the typical 6 percent commission, or $15,000 on a $500,000 house.Traditional realtors are trying to keep it that way, new realtors are starting to chip away at commissions in the form of buyer's rebates at closing time. As the

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1144638470760486212006-04-09T20:07:00.000-07:002006-04-09T20:08:01.430-07:00

With air starting to leak from the U.S. market, savvy speculators are now looking to Europe and South America.Last year, one 50-year-old former IT executive had an enviable problem. He made a small fortune flipping a dozen properties in Phoenix's Maricopa and Pinal Counties. But he couldn't figure out where to reinvest his bounty. Trouble was, after a two-year stretch during which Phoenix-area

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1144376602172942212006-04-06T19:23:00.000-07:002006-04-06T19:23:22.486-07:00

Vacation homes and investment properties show double-digit growth in 2005.Most Americans seem to think that homes are still a good buy. So they bought second homes, both as vacation properties but especially for investment purposes, in record numbers last year.There were 3.34 million second home sales in the United States last year, up 16 percent from 2005, according to a report released

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1144114655342563282006-04-03T18:37:00.000-07:002006-04-03T18:45:21.833-07:00

Home ownership is getting tough for working classThe low- and middle-income families see rate of home ownership falling even as overall ownership rates rise.The rate of home ownership for low- to moderate-income families with children is lower than in 1978, even as the overall rate of home ownership increases, according to a study from the Center for Housing Policy released Wednesday.It has been

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1143929980877156542006-04-01T14:19:00.000-08:002006-04-01T14:29:30.986-08:00

Closing cost scamsYou always thought those mysterious fees at closing were a total scam and you were right!Here's what is suggested you can do to avoid paying through the nose.Technology has magically lowered the price of buying everything, even airline tickets. But home buyers now pay eight times the closing costs they paid 40 years ago. Mystery charges and buyer exhaustionEver bought a house?

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1143765715015912852006-03-30T16:41:00.000-08:002006-03-30T16:44:07.523-08:00

Mortgage rates rise for first time in 3 weeksAverage 30-year fixed-rate rises to 6.35% from 6.32% in the prior week.It is reported that mortgage rates rose for the first time in 3 weeks this week.As per a survey, the average rate on 30-year fixed-rate mortgages rose to 6.35 percent for the week ending March 30, up from the prior week's 6.32 percent. In the year-ago period, the 30-year mortgage

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1143681667453773852006-03-29T17:21:00.000-08:002006-03-29T17:23:40.963-08:00

It's the height of the spring home-buying season and many of the shoppers are families looking to upgrade to bigger or better homes. These house hunters have a different set of issues to confront than first-time buyers.The biggest one: They can't afford to buy the new one before they sell the old, and timing is tricky.If they sell the old house before they buy...Most buyers can't afford to own

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1143591747283556092006-03-28T16:22:00.000-08:002006-03-28T16:22:27.616-08:00

The "danger years" for homeownersDelinquencies peak the third and fourth years of mortgages. Millions of mortgage borrowers are entering their "danger years," when delinquencies peak and owners risk losing their homes.It is reported that although borrowers are often told that the first year is the hardest, delinquencies have historically reached their highest points during the third and fourth

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1143427725616124702006-03-26T18:48:00.000-08:002006-03-26T19:05:04.466-08:00

Home sales posted their biggest jump in two years in February, a trade group said Thursday in a report that showed surprising strength in housing.It is reported that existing homes sold at an annual rate of 6.91 million in February, up from a revised 6.57 million pace in January. The 5.2 percent rise was the biggest gain since a 5.9 percent jump in February 2004.Economists had forecast a drop to

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1143166310719726532006-03-23T18:11:00.000-08:002006-03-24T00:44:26.883-08:00

Reverse mortgagesWhat good is a real estate boom if you don't want to sell your house? With a reverse mortgage, seniors can cash out without moving out. As real estate prices in large parts of the country have more than doubled during the past five years, homeowners have found plenty of ways to cash in on their new riches.Many are trading up to an even bigger house or borrowing against their

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1143081054467219252006-03-22T18:30:00.000-08:002006-03-22T18:32:32.206-08:00

New financial instruments are being launched to let you wager on the direction of home prices in major cities.There's finally going to be a viable way to cash in on the housing price boom -- or to guard against its decline -- without going through the messy business of actually buying and selling properties. New derivatives are now available which, will enable investors to take a position on the

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1142929737128768892006-03-21T00:28:00.000-08:002006-03-21T00:28:57.326-08:00

An index of U.S. home builder sentiment fell in March to its lowest level in nearly three years in response to rising mortgage rates and softening demand, the National Association of Home Builders disclosed.The NAHB/Wells Fargo Housing Market index slid to 55, seasonally adjusted, from February's downwardly revised 56. It was the lowest since April, 2003, when it came in at the same level.Today's

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1142909273828644592006-03-20T18:47:00.000-08:002006-03-20T18:47:54.243-08:00

After the highest number in January in decades, new construction falls but still beats estimates.Home building slowed in February, according to a government report Thursday, but the decline was not nearly as much as expected.Housing starts, which is when digging for a foundation begins, slowed by 7.8 percent to an annual rate of 2.12 million in February, down from January's huge 2.3 million

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1142386695998929902006-03-14T17:38:00.000-08:002006-03-14T17:38:16.390-08:00

Mortgage rates have hit their highest level in nearly four years, and that has a direct impact on home affordability...and home prices.The average rate on a 30-year fixed mortgage stands at 6.37 percent, up from 5.58 percent last summer. It is said that it's indisputable that demand in the housing market has declined in the past few months. It's very clear that rising interest rates figure very

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1142212076452448502006-03-12T17:07:00.000-08:002006-03-12T17:07:56.693-08:00

Factors beyond the control of real estate agents will drive down their commissions over the next few years. The most crucial of the 10 factors are:The recent launch of web sites that perform many of the traditional agent functions. These new sites will provide such services as free home appraisals, neighborhood information and advice to sellers on how to market their properties. They have

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1141867249906479252006-03-08T17:20:00.000-08:002006-03-08T17:20:50.323-08:00

To say that it's been a seller's housing market is the understatement of the year. Homeowners looking to sell in most parts of the country haven't had to wait around very long for a suitable offer, and those in the best markets have seen their homes swooped up in a matter of days, even hours. In early 2003, in fact, 21 percent of all houses went into contract less than one week after going on the

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1141705459220682992006-03-06T20:24:00.000-08:002006-03-06T20:25:52.683-08:00

Mortgage rates were mixed this week, with the 30-year rate dipping slightly and one- and five-year rates posting slight gains.It is reported that the average rate on 30-year fixed-rate mortgages fell to 6.24 percent for the week ending March 2, down from the prior week's 6.26 percent. In the year-ago period, the 30-year mortgage averaged 5.79 percent. The average rate on 15-year fixed-rate

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1141349062557526902006-03-02T17:24:00.000-08:002006-03-13T23:53:09.663-08:00

Record sales in 2005 of homes costing more than $1 million have been reported.Luxury homes sales soared across the United States in 2005, according to a report released Thursday by Coldwell Banker, one of the largest real estate brokers in the nation.Total sales of homes costing $1 million or more reached $55.9 billion, up 24 percent, compared with $45.1 billion in 2004. The demand for luxury

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1141259304417106572006-03-01T16:28:00.000-08:002006-03-01T16:28:24.793-08:00

It is reported that despite recent signs of a slowdown, '05 appreciation was double historical average.Average U.S. home prices climbed 12.95 percent in 2005 despite rising mortgage rates in the second half of last year. Despite recent indications that a slowdown may be forthcoming, house price appreciation during 2005 continued to hover at near-record levels Home values appreciated 2.86 percent

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1141174290331265332006-02-28T16:51:00.000-08:002006-02-28T16:51:30.656-08:00

Home sales are slowing but the biggest and the most luxurious are still leading the charge.Americans are buying homes that are bigger and contain more luxury features than ever. By some accounts, the million-dollar-plus home is now the strongest segment of many housing markets.It is reported that a lot of money is going into high-end housing. Buyers just don't want to compromise their desires.A

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1140741296879633852006-02-23T16:34:00.000-08:002006-02-23T16:34:57.206-08:00

Mortgage rates took a break nearly across the board after consistent increases over the past five weeksThe average rate on 30-year fixed-rate mortgages decreased to 6.26 percent for the week ending Feb. 23, down from the prior week's 6.28 percent, a Freddie Mac survey said. In the year-ago period, the 30-year mortgage averaged 5.69 percent.The average rate on 15-year fixed-rate mortgages fell to

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1140659405981307192006-02-22T17:50:00.000-08:002006-02-22T17:50:06.490-08:00

Buying foreclosures once appealed mainly to the small group of hard-core real estate investors who were willing to dig into untouchable rehab projects and wrestle with deadbeat tenants.But in recent years, scores of self-help books, Web sites, gurus and classes have sprung up, touting the notion that buying property from distressed homeowners is not only the surest path to real estate wealth but

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1140130489788989502006-02-16T14:54:00.000-08:002006-02-16T14:54:50.183-08:00

Unusually warm weather led to a spike in home building in January, but most experts still believe the real estate market will cool off later this year.Housing starts jumped 14.5 percent to an annual rate of 2.28 million last month, the highest since March 1973, the Census Bureau reported. Economists surveyed by Briefing.com forecast that housing starts would come in at an annual rate of 2.02

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1139965556158169452006-02-14T17:05:00.000-08:002006-02-14T21:39:33.886-08:00

California Boston Real Estate It is reported that if you want to know where real estate prices are headed in California's Orange County, the man to talk to is Gary Watts. The Mission Viejo broker has 35 years of experience and doubles as a spokesman for the O.C.'s Association of Realtors.In 1989 he earned the nickname "Scary Gary" by correctly predicting that the housing market in Southern

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1139789478347631062006-02-12T16:11:00.000-08:002006-02-12T16:11:31.660-08:00

Housing markets have cooled a bit, but not before prices got even less affordable than ever.It is reported that although many overheated U.S. housing markets lost steam during the third quarter of 2005, most still grew less affordable.The cities where housing prices are most out of whack apparently Santa Maria CA 86%, Naples FL 72%, Modesto CA 71%, San Diego CA 70%, Stockton CA 64%

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1139557343909578482006-02-09T23:42:00.000-08:002006-02-09T23:42:24.123-08:00

Insurance isn't protecting homeowners like it used to. Today more and more insurance companies are refusing to write new policies in vulnerable areas and canceling other homeowner policies in order to help their bottom line.These top 5 Tips tell you what you can do if you find yourself without coverage.1. You have optionsIf your insurer refuses to renew your policy coverage, don't sweat it. The

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1139451571603050492006-02-08T18:19:00.000-08:002006-02-08T18:19:32.143-08:00

U.S. mortgage applications fell for a second consecutive week, led by a decline in home purchase loans, as interest rates hit their highest levels since early December.The seasonally adjusted index of mortgage application activity for the week ended Feb. 3 decreased 1.2 percent to 619.3 from the previous week's 626.8. The seasonally adjusted purchase mortgage index fell 2.4 percent to 425.1 from

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1139214275080116672006-02-06T00:24:00.000-08:002006-02-06T00:26:43.900-08:00

Declines in worker productivity and rising labor costs push rates on 30-year loan to six-week high.Mortgage rates jumped last week, pushed higher by signs of rising inflation, lifting rates on the 30-year loan to six-week highs.The average rate for 30-year fixed-rate mortgages rose to 6.23 percent from 6.12 percent in the prior week. In the year-ago period, the 30-year mortgage averaged 5.63

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1138683480339829282006-01-30T20:58:00.000-08:002006-01-30T20:58:00.676-08:00

Long-term mortgage rates rose slightly last week in anticipation of another interest rate hike from the Federal Reserve.The average rate for 30-year fixed-rate mortgages crept up to 6.12 percent from 6.10 percent in the prior week. In the year-ago period, the 30-year mortgage averaged 5.66 percent.The average rate on 15-year fixed-rate mortgages rose to 5.70 percent from last week's average of

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1138320633245777872006-01-26T16:10:00.000-08:002006-01-26T16:10:33.966-08:00

Everybody wants something for nothing, and as housing markets slows, homebuyers are starting to get just that. Sellers, reluctant to drop home prices, have been finding creative ways to move product. The trend is especially evident among developers and homebuilders who have to act much more decisively than individual homeowners who have the option of sitting tight. Some recent freebies include

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1138236663351468602006-01-25T16:51:00.000-08:002006-01-25T16:51:03.636-08:00

The average U.S. home price rose 12.2 percent for the 12 months through Sept. 30 from a year earlier. While that was a solid gain, it was slower than the 14.2 percent increase for the 12 months ended June 30. Average prices in the third quarter rose about 2.9 percent compared with the second quarter, versus a gain of 3.4 percent in the comparable periods last year, the group said. The numbers

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1138165481037170032006-01-24T21:04:00.000-08:002006-01-24T21:04:41.386-08:00

Although many overheated U.S. housing markets lost steam during the third quarter of 2005, most still grew less affordable.Overall, 37 markets were found to be severely overpriced, which meant that they were at least 15 percent more expensive than they should be, and only 6 were underpriced by 15 percent or more. Fifty-seven were deemed to be farily priced.While the slowdown in price increases

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1138088838972295312006-01-23T23:47:00.000-08:002006-01-23T23:47:19.156-08:00

Nearly half of all first-time U.S. homebuyers took title to their properties without putting a cent down, an industry group says. The National Association of Realtors said Wednesday that 43 percent of first-time homebuyers purchased their homes with no-money-down loans, USA Today said. The NAR hinted that the trend is worrisome. As the real estate market cools in some areas and adjustable-rate

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1137547995050613152006-01-17T17:33:00.000-08:002006-01-17T17:33:15.346-08:00

Was that House a Good Investment? The Answer may not be so obviousBy Gary Beasley I get asked all the time about housing as an investment, and as I talk with people it is amazing how differently people look at it. Forget investment property for the moment and consider how we should evaluate the investment performance of our own homes. I am surprised how many people don’t know the difference

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1137370478771718012006-01-15T16:14:00.000-08:002006-01-15T16:14:40.373-08:00

Rural Modoc County has California's cheapest real estate. But its remoteness and lack of jobs make 'affordability' a relative concept. In California's most remote corner, the air is crisp, the sweeping plains and towering peaks inspire awe, and the median home price just crested $100,000 for the first time. Modoc is California's only county where the median price of a home has stayed so low for

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1137281401184984772006-01-14T15:30:00.000-08:002006-01-14T15:30:01.476-08:00

Mortgage rates fell last week, in part due to signs of easing inflation pressures.The average rate on 30-year fixed-rate mortgages dropped to 6.15 percent, from 6.21 percent last week. In the year-ago period, the 30-year mortgage averaged 5.74 percent.The average rate on 15-year fixed-rate mortgages fell to 5.71 percent from last week's average of 5.76 percent. A year ago, the loan averaged 5.19

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1137223819353876422006-01-13T23:30:00.000-08:002006-01-13T23:30:19.590-08:00

There are three different ways that a homeowner can build equity: 1) paying down mortgage principal, 2) making home improvements, and 3) through home appreciation.Building Equity by Paying Principal on Your MortgageWhen you think of building equity, many people think that the only way to do so is to pay principal on their mortgage. There are two basic elements that make up your mortgage payment:

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1137198208187785742006-01-13T16:23:00.000-08:002006-01-13T16:23:28.466-08:00

A housing-price drop would not be bad for everyone. In fact, many canny real-estate investors have been hoping for just such a hit. It is said you do it by buying low. Investors can build up rental property portfolios more easily in down markets -- if their initial pay out is smaller, they can more likely turn a profit on rents. You always want an investment property to make money from the

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1137186063140588932006-01-13T13:01:00.000-08:002006-01-13T13:01:03.420-08:00

China's recent signal that it may diversify its foreign investments in 2006 has mortgage industry watchers concerned that if China buys fewer U.S. Treasury securities this year, it may drive interest rates higher and pour more cold water on the real estate market. Last week, China's foreign currency regulator said its plans for 2006 include "actively exploring more efficient use of our FX (

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1137106326089694352006-01-12T14:52:00.000-08:002006-01-12T15:06:31.516-08:00

It is reported that the risk of a housing bubble in the U.S. market is highly localized as supply is still catching up with demand in most of the country.It is also reported that there will be a softer real estate market in some areas as a result, but there is no bubble. The fact remains that even with the gains of the past five years, American residential real estate prices in relative terms are

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1137103811040916412006-01-12T14:10:00.000-08:002006-01-12T15:09:11.216-08:00

Mortgage rates have been on the rise for the past month, but they're still at fairly low levels historically speaking. If you're in the market for a new home, you figure it must be less expensive to buy now than when rates go up even further, assuming housing prices stay strong in the near term, something economists expect will happen. That may be the only thing you can be sure about. But finding

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1137019353122560132006-01-11T14:42:00.000-08:002006-01-11T14:42:33.210-08:00

A report surveying U.S. homebuilders suggests that a "moderate slowdown in certain regions of the U.S. housing market" appears more probable than a "deep-seated recession," the survey's conductors said Jan. 11.The report also found several "fundamental shifts" that will lead to change in the homebuilding industry, including continued consolidation among homebuilders.According to the study, land

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1137019111648861292006-01-11T14:38:00.000-08:002006-01-11T14:38:31.903-08:00

Mortgage rates started the new year without much of a bang, mostly edging lower in the latest week.The average rate on 30-year fixed-rate mortgages dropped to 6.21 percent, a hint lower from last week's 6.22 percent as per a recent survey.In the year-ago period, the 30-year mortgage averaged 5.77 percent.The average rate on 15-year fixed-rate mortgages was unchanged from last week's average at

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1136967374445124562006-01-11T00:16:00.000-08:002006-01-11T00:18:41.840-08:00

Sales of new condominiums reached record levels in the Washington area in 2005, according to a new report, but the supply of new condos has begun to outstrip demand.That means that would-be condo buyers have many more choices than they had only months ago, according to local real estate agents. Shoppers are touring as many as 40 units now before choosing, enjoying the luxury of time to consider

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1136783021472069052006-01-08T21:03:00.000-08:002006-01-08T21:03:41.916-08:00

Foreclosure.com announced Phillip Clark a 27-year financial and operational management veteran. He has joined the company as chief financial officer (CFO). Clark will oversee the financial management of Foreclosure.com, helping guide the company through its continuing efforts to expand its presence in the online real estate market. "Today, the Internet and real estate are closely linked, creating

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1136580419671303772006-01-06T12:46:00.000-08:002006-01-06T12:47:00.126-08:00

The Indianapolis area ranks as the most affordable housing market among big metro areas, according to the third-quarter 2005 National Association of Home Builders Wells Fargo Housing Opportunity Index.The index charts housing costs in cities with populations of more than 500,000. In Indianapolis, 89.7 percent of the new and existing homes sold in third quarter 2005 were affordable to those

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1135400307437676642005-12-23T20:58:00.000-08:002005-12-23T20:58:27.486-08:00

Mortgage Rates Freddie Mac today released the results of its Primary Mortgage Market SurveySM in which the 30-year fixed-rate mortgage (FRM) averaged 6.26 percent, with an average 0.6 point, for the week ending December 22, 2005, down from last week's average of 6.30 percent. Last year at this time, the 30-year FRM averaged 5.75 percent. The average for the 15-year FRM this week is 5.79

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1133438818629834302005-12-01T04:06:00.000-08:002005-12-01T04:06:58.686-08:00

U.S. mortgage finance regulators raised the limit for loans that can be bought by government-sponsored mortgage enterprises Fannie Mae and Freddie Mac to $417,000 for 2006, in most areas. Lenders charge lower interest rates for mortgages they are confident they can sell to Fannie Mae and Freddie Mac. Stephen Blumenthal, acting director of the Office of Federal Housing Enterprise Oversight,

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1133172609037544352005-11-28T02:10:00.000-08:002005-11-28T02:10:11.270-08:00

U.S. mortgage applications fell last week as interest rates climbed to 17-month highs and demand for refinancings slid to their lowest level this year. The Mortgage Bankers Association said its index of mortgage application activity for the week ended November 11 slid 0.6 percent to 657.6. Borrowing costs on 30-year fixed-rate mortgages, excluding fees, averaged 6.33 percent last week, up 0.02

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1132450579482204652005-11-19T17:36:00.000-08:002005-11-19T17:36:19.560-08:00

U.S. housing starts should drop in October as rising mortgage rates and lower purchasing activity suppressed market activity, economists said. U.S. housing starts fell in October to 2.070 million units from 2.108 million in September, according to the median forecast in a Reuters poll of 36 economists. Permits, a sign of confidence among homebuilders, are also seen dipping to 2.160 million

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1131434808248064742005-11-07T23:26:00.000-08:002005-11-07T23:26:48.303-08:00

Mortgage update The average rate for 30-year mortgages rose to 6.31% this week, the highest rate in 16 months, disclosed by mortgage giant Freddie Mac. A year ago, the average rate was 5.7%. Adjustable-rate mortgages also jumped. The average rate for a 1-year ARM was 5.09% this week, highest since 5.11% in March 2002. Rates on 5-year hybrid ARMs rose to 5.76%, up from 5.03% at the beginning

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1130307649658115042005-10-25T23:20:00.000-07:002005-10-25T23:29:43.156-07:00

California Real Estate California's real estate market is positioned for a record year after the median home price in the state in September jumped 17.3 percent and the month's home sales rose 3.9 percent from a year earlier, according to the real estate report released today. The median price of an existing, single-family detached real estate home in California, which has had one of the hottest

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1129791242297143872005-10-19T23:54:00.000-07:002005-10-19T23:54:02.340-07:00

Increasingly popular high-risk mortgages could imperil both borrowers and banks if the hot housing market cools off, the head of the Federal Deposit Insurance Corp. With home prices breaking records, FDIC Chairman Donald Powell became the latest reguator to voice concern over people who took out interest-only or option adjustable-rate mortgages to buy homes they otherwise could not afford.

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1129098117868890142005-10-11T23:21:00.000-07:002005-10-11T23:21:57.933-07:00

Greater Nashville Real Estate Home sales in the Greater Nashville, Tenn., area jumped 10.9 percent in September from their year-ago level, according to figures provided by the Greater Nashville Association of Realtors. Realtors reported 3,457 home closings last month, up from 3,117 closings in September 2004. Year-to-date closings for the Greater Nashville area totaled 29,311, up 5.7 percent

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1127987486761199782005-09-29T02:51:00.000-07:002005-09-29T02:55:01.336-07:00

Mortgage refinancingsOverall mortgage applications dropped 6.6 percent last week on a seasonally adjusted basis from the week before, with mortgage refinancings taking the biggest hit, according to the Mortgage Bankers Association's weekly survey.The seasonally adjusted purchase index decreased by 3.4 percent to 483.1 from 500.3 the previous week, while the refinance index decreased by 10.5

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1127292867656581792005-09-21T01:54:00.000-07:002005-09-21T01:54:27.720-07:00

Home Loans The COO of Freddie Mac's on Monday said some new home loans such as adjustable-rate mortgages that have prompted concern about a housing bubble appear safer than more traditional mortgage loans. Eugene McQuade, speaking at a Bank of America conference in San Francisco, said government-sponsored enterprise Freddie Mac is not too heavily exposed to adjustable-rate mortgages, or ARMs,

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1126777820057058712005-09-15T02:50:00.000-07:002005-09-15T02:50:20.120-07:00

Mortgage refinancing Overall mortgage applications slid 1.4 percent last week on a seasonally adjusted basis from the week before, fueled by a significant drop in mortgage refinancings, according to the Mortgage Bankers Association's weekly survey. The seasonally adjusted refinance index decreased by 6.7 percent to 2,198.7 from 2,357.1 one week earlier, while the purchase index increased by

Reloblog Adminnoreply@blogger.comtag:blogger.com,1999:blog-8657802.post-1126409618119088442005-09-10T20:33:00.000-07:002005-09-10T20:33:38.120-07:00

BATON ROUGE, Louisiana Real Estate Baton Rouge Louisiana realtors are finding gold in those capitol grounds. Real Estate in the city of Baton Rouge has essentially doubled in a matter of a week and realtors are scrambling to get a share of the buy, sell and lease. Many individuals are buying real estate homes, some putting down all cash even though they have no idea if there is a job in sight.

Reloblog Adminnoreply@blogger.com