Veteran financiers are re-establishing themselves in new investment banks, ready to help refinance troubled real estate loans. Read more >
[Read More] Refinancings increased 0.9 percent last week, while interest rates climbed as well, according to the Mortgage Bankers Association. Read more >
[Read More] Deal shoppers will see low-cost acquisition opportunities as consumers step up purchases, strengthening retail properties. Read more >
[Read More] Many additional foreclosures are expected over the next year, which could affect pricing at the lower end of the housing market. Read more >
[Read More] Major lenders are seeing significant increases in originations of 15-year fixed loans due to low rates. Read more >
[Read More] Home owners who strategically decide to leave their houses may be taking their cues from financial institutions. Read more >
[Read More] As long as you're prudent about what you can afford, the loans can be a less costly alternative to credit card debt. Read more >
[Read More] FICO Chief Mark Greene says high unemployment and underwater home owners are signs that more mortgage and credit card defaults are on the horizon. Read more >
[Read More] Many projects under $14,000 recoup most of their costs, a just-out report shows. Read more >
[Read More] A survey conducted by NAR shows the increasing importance of the FHA in mortgage financing. Read more >
[Read More] Experts say that mortgage rates will likely stay low, even if the Federal Reserve stops its mortgage-backed securities purchasing program in March 2010. Full Story >
[Read More] The government hopes 375,000 home owners will be able to take advantage of mortgage reductions by the end of the year. Full Story >
[Read More] Hundreds of thousands of borrowers face a substantial increase of mortgage payments next year on option ARM loans written in 2004. Full Story >
[Read More] The U.S. Treasury Department has outlined short sales specifications to help these transactions go more smoothly. Full Story >
[Read More] U.S. Census Bureau and the Department of Housing and Urban Development reported a 6.2 percent increase in new home sales from September to October. Full Story >
[Read More] The Index increased 3.7 percent in September, and the rise from a year ago is the biggest annual increase ever recorded. Full Story >
[Read More] Home sales will increase 15 percent and real estate professionals' income will go up 20 percent next year, NAR Chief Economist Lawrence Yun predicted in his residential economic update. Read more >
[Read More] On November 5, 2009, the House of Representatives passed H.R. 3548, the Worker, Homeownership, and Business Assistance Act of 2009 (the “’09 Act”) which the Senate had approved the day before. President Obama signed it into law on Friday, ...
[Read More] Mortgage application paperwork has to be ready to go, though short-sale purchases should be avoided to make the Nov. 30th deadline. Read more >
[Read More] Bank regulators are seeking a way to get banks to modify real estate debt before it comes due. Read more >
[Read More] Some lawmakers are wondering whether extension and expansion of the housing incentive make sense. Read more >
[Read More] Mortgage Bankers Association predicts increased home sales at the lower end of the market in 2010, with prices continuing to fall into the first quarter of next year. Read more >
[Read More] Experts believe that 2010 will be the first year since 2005 that housing will help the U.S. economy. Read more >
[Read More] The Federal Housing Finance Authority is getting more money to help the organization supervise Fannie and Freddie. Read more >
[Read More] Housing experts say buyers should be shouting from the rooftops with excitement over opportunities to invest in real estate. Read more >
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