The mortgage rates finally declined after four weeks on an uptrend, prompting many people to borrow money. But still, the rates were approximately eighth of a percentage point higher during the time
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Major Drop in Mortgage Delinquencies – Lowest Level Since 2007
Comment Off 189 ViewsFor a fifth subsequent quarter, the level of residential loan delinquencies continued to drop. According to the Mortgage Bankers Association, the current 6% level is the lowest since 2007 and it
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Toll Brothers Revenue Grows, As More Units Are Sold
3750 ViewsToll Brothers Inc., a home building company based in Horsham Pennsylvania, announced a 29 percent increase in its quarterly revenue due to the sale
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Housing Market Projects Are Looking Brighter for the Spring
2800 ViewsUnemployment, the high cost of just about everything and bills piling up to the sky..We have been facing all these problems for awhile now. The
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US Construction Spending on a Record Rise Despite Sluggish Economy
1649 ViewsU.S construction data shows an unusual rise in spending despite the overall slowdown in the economy. Construction spending surged to an annual rate
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Varying Views of Economists on Falling Oil Prices for Home Construction
1288 ViewsFalling oil prices on housing has been one of the most controversial topics for economists. They view such idea from different perspectives. Some
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Third and largest insurance purchase by Freddie Mac to offset as much as $285 million of losses on a pool of US home loans.
109 ViewsIt’s a risk-sharing attempt that relies on regulators’ support. Freddie Mac made an email statement on the subject of the policies. These
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Citigroup accepts $1.13 Billion Agreement over Mortgage Securities
195 ViewsIn the attempt to control the liabilities related to the financial crash, Citigroup Inc. © accepted to settle claims from mortgage-bond investor:
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FHA Sheds Light on Reverse Mortgage Rules
68 ViewsDue to the raised concern over possibly misleading sales presentations and advertisements for reverse mortgages, the Federal Housing Administration
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Fannie-Freddie Multifamily Mortgage Model
57 ViewsAfter the U.S. housing crash, the apartment-lending units of Freddie Mac and Fannie Mae (FNMA) were among the few money making sources for these
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Modifications in mortgage interest deductions to stimulate homeownership!
179 ViewsIndustries that employ middle-class workers promote homeownership thanks to the mortgage interest tax deduction. There is also broad public support
Read more ...Credit Card Debt Consolidation – The Basics
168 ViewsLoan Requirements for Credit Card Consolidation A few basic concepts and aspects need to be clear before you attempt consolidation for credit card
Read more ...Buying a house that is NOT for SALE!
106 ViewsUnsolicited offers on your home: how would you respond to that? Buying your dream house may not be piece of cake at all, particularly when you're
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Disaster Areas – Home Loans and Appraisals
120 ViewsQuestion: What are the documentation requirements after the appraisal is completed for a subject property situated in a disaster
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