Vacant, Rental and Vacation Homes Not Excluded! Mother Nature put on quite a show this winter and some homes took a beating. Here are some things to look for as you visit your...
Archive | March, 2011
Distressed Home Sales Rising – O.C. Register
O.C. Register Reports: Nearly one out of every two houses sold in Orange County last month was either a bank-owned home or a “short sale,” the California Association of Realtors...
More Borrowers Are Opting for Adjustable-Rate Mortgages – NY Times
By LYNNLEY BROWNING- NY Times – Published: March 17, 2011 In the years since the financial crisis, adjustable-rate mortgages, or ARMs, with their low initial interest rates that...
New home sales tumble to record low – CNN Money
Les Christie, staff writerMarch 23, 2011: 1:18 PM ET -NEW YORK (CNNMoney) — New home sales fell 16.9% in February, to the lowest level since the government began keeping records...
Mortgage mod test becomes clearer – Yahoo Finance
Yahoo Finance News – Marcie Geffner, On Wednesday March 23, 2011, 6:00 am EDT Read the full article here Mortgage borrowers who are turned down for loan modifications may now get...
Housing Inventory Increases, Listing Prices Fall – The Wall Street Journal
By Nick Timiraos of the Wall Street Journal Click here for the full article Memo to sellers: you’ve got more competition this spring. Price those homes accordingly. Nationally, the...
Home resales fall 9.6% in February and prices are near 9-year low – LA Times Online
By Jeffry Bartash – LA Times online – March 21, 2011, 2:33 p.m. view the entire article here The National Assn. of Realtors data reflect a continued slump in the real...
Now might be the time to refinance if…
your mortgage is under $200,000! Why is that? Well the amount of compensation a lender or mortgage broker can charge for a loan will change and this will determine which borrowers the...
Don’t forget to spring forward this evening…
Now is a great time to replace your smoke detector batteries… and install a carbon monoxide detector. Have a great weekend!!!...
F.H.A. to Raise Insurance Premiums – NY Times
By LYNNLEY BROWNING Published: February 24, 2011 FEDERAL Housing Administration mortgages, the government-insured loans that have surged in popularity in recent years, will be getting...