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When the Federal Reserve ends its meeting on Wednesday afternoon, it is almost certain to leave the key rate at or near zero and pledge to hold it there. That makes it likely mortgages will stay historically low and rates on home-equity and other consumer ...[Read More]
The 30-year fixed mortgage rate dropped to 5.22 percent during the week ended Aug. 6 from 5.25 percent the prior week, Freddie Mac reports. Over the same period, the 15-year fixed-mortgage rate slipped to 4.63 percent from 4.69 percent. As for adjustable-mortgage ...[Read More]
How to Get the First-Time Home Buyer Tax Credit Here's what you have to do to get your benefit: Close on your home purchase by November 30, 2009, Ensure that you are a qualified first-time buyer under IRS guidelines, Decide which year to file under, ...[Read More]
Washington, July 30, 2009 The following is a statement by National Association of Realtors® President Charles McMillan: “NAR would like to congratulate and thank Department of Housing and Urban Development Secretary Shaun Donovan and Federal ...[Read More]
Pending Home Sales Record Fourth Straight Monthly Gain Pending home sales show a sustained uptrend, rising for four consecutive months with very favorable housing affordability and a first-time buyer tax credit boosting activity, according to the latest ...[Read More]
New homeowners deductible rules address multiple hurricanes by Ed Anderson, The Times-Picayune Thursday July 02, 2009, 9:53 PM BATON ROUGE -- Homeowners will have to wait until the 2010 hurricane season to take advantage of a new law that prohibits insurance ...[Read More]
(UPDATE) Tax Credit Being Used For Down Payment. Quick update on the $8,000 FHA Tax Credit Loans for down payment- the offer is off the table, for now, they took info off of website Now HUD has pulled/rescinded their Mortgagee Letter 9-15 which allowed ...[Read More]
Real Estate Improves in California Median prices for single-family homes in California have risen for the third straight month, reaching $267,570, up 4 percent from April, according to a report from the California Association of REALTORS®. The inventory ...[Read More]
Mortgage applications bounced back last week after nearly a month in the doldrums when the number of applications fell to a seven-month low. The market index compiled by the Mortgage Bankers Association rose 6.6 percent on a seasonally adjusted basis to ...[Read More]
Pending home sales rise 6.7 percent in April WASHINGTON - The number of U.S. homebuyers who agreed to purchase a previously occupied home in April posted the largest monthly jump in nearly eight years, a sign that sales are finally coming to life after ...[Read More]
Sales Are Up but Jam Persists for Jumbo Loans While sales to first-time home buyers are up, experts say the jumbo loan market is weak because trade-up buyers cannot secure affordable financing. "If you've ever wondered what the mortgage market ...[Read More]
Real Estate Market Trends in Terrytown According to the latest Zillow Real Estate Market Reports, home values in Terrytown increased 16.5% in the first quarter of 2009, compared to the first quarter of 2008. Nationally, home values decreased 14.2% during ...[Read More]
Scores of home owners in Florida and a dozen other states are facing foreclosure and are blaming toxic Chinese drywall for forcing them from their residences and into rental properties. They're abandoning their mortgages to free up money for alternate ...[Read More]
Check out our monthly newsletter for Real Estate Investors on the web site @ www.LeFleurDeLisRealty.com select the INVESTOR TOOLBOX button. Some very good information.[Read More]
Shaun Donovan, secretary of the U.S. Department of Housing and Urban Development, on Tuesday said that the Federal Housing Administration is going to permit its lenders to allow home buyers to use the $8,000 tax credit as a down payment. Previously, most ...[Read More]
A bill has been introduced in the Louisiana Legislature to limit to one only 5% deduction for property damage due to hurricanes during one season. Currently you can be charged a 5% deduction for each storm. The new bill would put a limit on only one deductable ...[Read More]
I just returned from a Louisiana Realtors Conference in Baton Rouge where we met with the Governor, Commissioner of Insurance and others. The report on our economy is very good. Right now our housing market is being driven by First Time Homebuyers, motivated ...[Read More]
Click for Tour Pics Address: 4309 ACADEMY DR. Type: Residential Style: Single Story Bedrooms: 3 Bathrooms: 2 Garage: Single, Attached Size: 1,674 sq. ft. Lot Type: Rectangular Lot Size: 71ft x 100ft "Extra Wide Cute home, updated. Wood laminate in ...[Read More]
Bissonet Plaza, Metairie - We invite everyone to visit our open house at 4309 ACADEMY DR. on March 1 from 2:00 PM to 4:00 PM . Property information[Read More]
BIG HOME with aprox 3000 SQFT. Asking $238.000. See 26 PICS & More Info! Go West On West Metairie Ave. Just past Delta Playground at N. Upland...on right side of W. Met Ave.[Read More]
A heads-up on a brand new listing in Airline Park that we will be featured on my website within the next 48 hours. This is a brick 3 br 1ba home. This home is mostly original but was well cared for. It is freshly painted and clean. Owner will leave stove, ...[Read More]
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