Archive for 'Real Estate'
Emergency Foreclosure Relief Kit Review
If you are falling behind on your home payments you may be wondering what to do. You could spend thousands of dollars on a loan modification company that may or may not be successful in getting your mortgage terms changed, or you could do it yourself and be armed with all the knowledge you need [...]
Full StoryNo Risk Investor Review
Imagine earning investment returns as high as 16% to 50% guaranteed! Sound too good to be true? No Risk Investor, an exciting new program, shows you how to achieve your financial goals. In this No Risk Investor review we’ll give you the details on the program and tell you whether it’s worth it. No Risk [...]
Full StoryWill The Value of Your House Go Up Over Time?
There’s an interesting article by Harvard professor Edward Glaeser in the New York Times Economix blog that says your home’s value probably won’t rise. Despite the downturn in the housing market, nearly everyone who buys a home does so on the assumption that the value will go up if you wait long enough. Glaeser argues [...]
Full StoryB of A's Move to Reduce Mortgages Could be Foreclosure Turning Point
There is finally good news for the millions of homeowners who find themselves under water on their mortgages. On Wednesday the nation’s largest provider of home loans, Bank of America, announced new steps to forgive some mortgage principal to keep homeowners out of foreclosure. Unlike past program which have focused on restructuring loans to make [...]
Full StoryInterest-Only Mortgages Are Getting Harder to Obtain
Freddie Mac, one of the two main government-sponsored institutions that set lending standards for home mortgages announced recently that it will be phasing out interest-only loans. This is expected to drastically shrink the number of interest-only mortgages available to consumers. Freddie Mac has already begun the phase-out after losing money on the loans over the [...]
Full StoryWhen Is It Really The Best Time to Buy A House?
If you talk to any real estate agent you’ll hear the same mantra: it’s a great time to buy a home. Realtors said it in 2001 when home prices were climbing steadily, they said it when prices peaked in 2005, and they continue to say it today. So what’s the real answer? There a couple [...]
Full StoryCalifornia Tops Least Affordable Housing Markets
Once again, California has many of the most expensive housing markets in the country. In its recently released Home Price Comparison Index, Coldwell Banker revealed that eight out of the top 10 least affordable metro areas were located in California. While the most expensive areas may not be much of a surprise – especially for [...]
Full StoryHousing Sales Rise, Aided by Falling Mortgage Rates
In further signs that the housing market is finally recovering after three years of turmoil, new data shows that home sales have increased and mortgage rates have again dipped below 5 percent. According to mortgage company Freddie Mac, the average for 30-year fixed rate loans was 4.94%, down from 5.05% last week. These low home [...]
Full StoryThe Fed Slows Down Emergency Lending Programs
In a sign that the Federal Reserve sees the economy improving and the housing market bottoming out, it has decided to slow down emergency lending programs for home buyers. The decision indicates the Fed is moving its stance from managing the financial crisis to nurturing an economic recovery. This is the second slowdown announced by [...]
Full StorySigns That The Housing Market May Have Hit Bottom
Could this finally be the bottom of the horrendous housing market of the last three years? After plunging for several years, new data show that home prices have gotten low enough to entice buyers back into the market. That is starting to stabilize prices and some analysts now think the worst may be over. A [...]
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