Archive for December, 2009

New and improved mortgage forms

Continue Reading Add comment December 31st, 2009

Starting Jan. 1, new rules go into effect that simplify and clarify exactly what mortgage lenders will charge for a loan.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/-O9dzAloZD4″ height=”1″ width=”1″/ Read more »

3 reasons home prices are heading lower

Continue Reading Add comment December 31st, 2009

After four months of gains, home prices flattened in October. Worse yet, industry insiders think that they’ll soon start to fall.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/Fo4rsXE9rkE” height=”1″ width=”1″/ Read more »

10 years…no gain in home prices

Continue Reading Add comment December 30th, 2009

Taking into account inflation, home prices are actually lower than they were 10 years ago, according to a report from the National Association of Realtors released Wednesday.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/_uuW0bMuYPI” height=”1″ width=”1″/ Read more »

Bad news for housing: Prices flattening

Continue Reading Add comment December 29th, 2009

Home price gains of the past few months flattened out in October, according to a closely watched market report issued Tuesday.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/tireO8A7e2E” height=”1″ width=”1″/ Read more »

Mortgage rescue: Credit score killer

Continue Reading Add comment December 28th, 2009

Most troubled homeowners view President Obama’s foreclosure rescue plan as a way out of their financial troubles.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/GWm40vB4v5M” height=”1″ width=”1″/ Read more »

Big paydays for Fannie and Freddie bosses

Continue Reading Add comment December 24th, 2009

Top executives at mortgage finance giants Fannie Mae and Freddie Mac, both of which have been under government control since last year, received millions of dollars in pay this year, according to documents filed by the company Thursday.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/CqYS8ZY8nrw” height=”1″ width=”1″/ Read more »

Don’t mess with Texas: More Americans moving in

Continue Reading Add comment December 23rd, 2009

Americans, it seems, still have a love affair with the West. Texas and Wyoming were the big winners in the Census Bureau’s annual population estimates, which were released on Wednesday.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/Xw_xUmjDVfk” height=”1″ width=”1″/ Read more »

New home sales plunge in November

Continue Reading Add comment December 23rd, 2009

New home sales unexpectedly plunged in November, according to a dismal government report.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/bVZPYAoubV4″ height=”1″ width=”1″/ Read more »

Another big leap for home sales

Continue Reading Add comment December 22nd, 2009

After surging 10% in October, sales of existing homes jumped again in November, growing 7.4% compared with October to an annualized rate of 6.54 million units, according to the National Association of Realtors.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/3t3I35HMXxg” height=”1″ width=”1″/ Read more »

Lower payments = fewer redefaults

Continue Reading Add comment December 22nd, 2009

It should come as no surprise that fewer troubled borrowers will redefault if their loan payments are lowered in a mortgage modification.img src=”http://feeds.feedburner.com/~r/rss/money_realestate/~4/4lJR35x_9lI” height=”1″ width=”1″/ Read more »

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