May 2010 - Posts
WASHINGTON – May 5, 2010 – Mortgage insurer PMI released a report Monday that indicates a housing market recovery and predicts that prices are likely to rise in many markets over the next two years. Florida, California, Nevada and Arizona
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WASHINGTON – May 4, 2010 – Pending home sales increased again in March, affirming that a surge of home sales is unfolding for the spring homebuying season, according to the National Association of Realtors ® (NAR). NAR's Pending Home
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WASHINGTON – May 4, 2010 – Borrowers say they spend no more time researching a mortgage loan today than they did two years ago before the market meltdown, according to a survey by Zillow.com. And that's unfortunate, says Zillow Chief Economist
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WASHINGTON – April 29, 2010 – The Federal Reserve on Wednesday upgraded its economic outlook amid a better-than-expected recovery, but voted to keep interest rates at historically low levels and signaled that wouldn't change anytime soon.
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WASHINGTON – April 27, 2010 – Florida once again was rated the top state for mortgage fraud, according to a report released Monday by the LexisNexis Mortgage Asset Research Institute. Florida also held the annual report's top spot in 2006
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NEW YORK – April 27, 2010 – The jumbo mortgage market is taking small steps toward normalcy. In the first few months of 2010, Wells Fargo, Bank of America, and U.S. Bank have become more aggressive in originating jumbo mortgages, says A.W.
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NEW YORK (AP) – April 27, 2010 – Americans' confidence in the economy rose in April to the highest level since September 2008, just as the financial crisis escalated, according to a private research group. The upbeat reading, combined
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Experience the serenity of privacy while living in the heart of Ormond Beach. This EXCLUSIVE family compound consists of: Custom built gorgeous 3BD/2BTH main home with 2Car Garage, 4 Bay Garage is 2900 sq ft for RV, Boats, Cars, Toys & Office Space,
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Experience the serenity of privacy while living in the heart of Ormond Beach. This EXCLUSIVE family compound consists of: Custom built gorgeous 3BD/2BTH main home with 2Car Garage, 4 Bay Garage is 2900 sq ft for RV, Boats, Cars, Toys & Office Space,
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by Ilyce Glink Saturday, May 1, 2010 A funny thing about the digital age — the more information we have access to, the more misinformation we get hit with. In the not-so-long ago days when the Internet was mainly for e-mail and facebooks were made
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WASHINGTON – April 26, 2010 – Struggling borrowers who give up their homes through a "deed in lieu of foreclosure" or a short sale will be able to obtain a new Fannie Mae loan in two years. Currently, these owners must wait at least
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DAYTONA BEACH -- The economic recovery still wasn't seen in the overall retail industry in Volusia and Flagler counties in February. While the decline in taxable retail sales wasn't as bad as previous months, it was still down 2.5 percent from
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RICHMOND, Va. – April 26, 2010 – As a Realtor, Lacy Williams gives presentations to first-time home buyers about what to expect when buying a home. She often finds she must start at the beginning, helping novice buyers decide whether it makes
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MIAMI – April 27, 2010 – Home prices in February posted their first annual increase in more than three years, though it's too early to say the housing market is recovering. Despite the 0.6 percent increase on a non-seasonally adjusted
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Home seizures by banks set record Despite efforts by the Obama administration to stanch nationwide housing woes, banks took back a quarter-million homes in the first quarter of 2010. But banks are keeping most of these properties off the market in an
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PART 3 10 questions for first-time homebuyers ( 5. "How much cash am I going to have to produce upfront?" Ideally, you would have enough cash for a 20% down payment , closing costs equal to about 3% to 5% of the purchase price, and enough left
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