News
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Is the Sleeping Giant–Residential Home Sales–Ready to Awaken?
Since 2007, residential real estate sales have suffered as never before in history. After the loss of much of the manufacturing functions to overseas entities, the single foundation of the U.S. econom...
Jan 04, 2012 No Comments -
Low Rates Send Mortgage Applications Soaring 12.8%
Mortgage applications, a future gauge of home buying, had a sharp jump as more consumers rushed to take advantage of low interest rates, the Mortgage Bankers Association reports. For the week ending D...
Dec 08, 2011 No Comments -
Mortgage Rates Continue to Hover at Record Lows
Averages on fixed-mortgage rates continued to hover near historic lows for the week, while adjustable-rate mortgages inched down slightly to reach new record lows, Freddie Mac reports in its weekly mo...
Dec 04, 2011 No Comments -
Real Estate Selling in the Washington, D.C. metro Area
Selling–or buying–real estate in the Washington, D.C.-metro area is different than in other locations of the U.S. The difference: The highly transitory nature of D.C. area homeowners. Whil...
Dec 01, 2011 1 Comment -
Lawmakers Urge Mortgage Principal Write-downs
More than 20 lawmakers in the House of Representatives this week called on Fannie Mae and Freddie Mac to reduce the mortgage principal of borrowers who owe more on their home than it is currently wort...
Nov 26, 2011 No Comments -
Foreclosures Are Selling Quicker, BofA Says
In several markets, Bank of America is reporting that it has picked up its pace in moving through its inventory of foreclosed homes faster than it has in the past, The Wall Street Journal reports. Br...
Nov 16, 2011 No Comments
Popular Posts
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Real Estate Cancelled House Contracts due to Nation’s Unstable Economy
Aug 13, 2011 - 1 Comment -
Mortgage Rates Costs Banks $66 Billion
Oct 09, 2011 - 1 Comment -
Could Loan Limits Be Restored?
Oct 24, 2011 - 1 Comment
