Tag Archive | "Real Estate"
Mortgage Rates Down for a Third Straight Week
The average conforming 30-year fixed mortgage fell again this week, to 5.15 percent according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.45 discount and origination points. The average 15-year fixed mortgage dropped to 4.56 percent while the larger jumbo 30-year fixed rate retreated to 5.93 percent. Adjustable rate mortgages [...]
Continue reading...Consumers’ Perception of the Economy Remains Negative; Businesses Slightly More Upbeat, but Indicate Job Cuts Will Continue
Saturday, January 16, 2010
Over half of consumers in the U.S. hold a negative position on the economy as they continue to see a decrease in household assets and an increase in personal debt The latest information from two of TNS’ banking research studies show consumer perceptions of the U.S. economy remain predominantly negative. According to the studies, consumer [...]
Continue reading...Mortgage Rates Move Lower
Monday, January 11, 2010
The average conforming 30-year fixed mortgage decreased this week to 5.26 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.43 discount and origination points. The average 15-year fixed mortgage fell to 4.67 percent while the larger jumbo 30-year fixed rate inched lower to 6.14 percent. Adjustable rate mortgages [...]
Continue reading...Commercial Real Estate Loan Prices Rise in November
Thursday, January 7, 2010
Values Increase Modestly After Declining in October The aggregate value of Commercial Real Estate (CRE) loans priced by DebtX that collateralizes CMBS increased to 77.7% as of November 30, 2009 from 76.9% as of October 30, 2009. The aggregate value is down from 81.3% as of January 30, 2009. “Loan prices in the CMBS universe rose modestly [...]
Continue reading...US Department of Housing and Urban Development Releases Latest Version of Shopping For Your Home Loan
Monday, January 4, 2010
HUD Booklet advises real estate buyers to search for an agent who will represent their interests in real estate transaction In its first revision in over 10 years, the US Department of Housing and Urban Development (HUD) advises home buyers that it is their responsibility to search for a real estate agent that will represent their [...]
Continue reading...Mortgage Rates Rise for the Fourth Consecutive Week
Friday, December 25, 2009
The average conforming 30-year fixed mortgage increased this week to 5.24 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.45 discount and origination points. The average 15-year fixed mortgage moved higher, to 4.62 percent while the larger jumbo 30-year fixed rate inched upward to 6.16 percent. Adjustable rate [...]
Continue reading...Experts Say Commercial Property Woes Only Beginning
Tuesday, December 22, 2009
While Commercial Real Estate Continues to Crash, One Company Seeks to Relieve Commercial Property Owners According to industry experts, the commercial real estate market (which includes shopping centers, strip malls, apartment buildings, office buildings and warehouses) is due to suffer the same fate as the recent collapse of the housing market only worse. Commercial research provider [...]
Continue reading...Home Buyers Use Text Messaging To Receive New Foreclosure Listings On Their Cell Phones
Friday, December 18, 2009
LAForeclosureFinders.com Uses iVisionMobile.com Text Messaging Software To Deliver Foreclosure Listing Information To Prospective Home Buyers’ Cell Phones A real estate company focusing on San Fernando Valley foreclosures and short sales, announced today that it has started using text messaging software to communicate with prospective real estate buyers and push new foreclosure listings to their mobile phones. [...]
Continue reading...Risk Management Practices Protected in House Derivatives Reform
Saturday, December 12, 2009
Members of the U.S. House of Representatives have taken an important step toward securing access to vital corporate risk management tools with the passage of the Wall Street Reform and Consumer Protection Act of 2009 (H.R. 4173). Over the past year, the Association for Financial Professionals (AFP) has worked with legislators to explain the vital role [...]
Continue reading...Survey Reveals Renters are Ringing in the Holidays by Spending Less Than Last Year
Wednesday, December 9, 2009
The National Foundation for Credit Counseling survey reports many Americans are choosing to pay down debt and pad their savings account ahead of spending money on gifts this year. These findings are supported by the results of a national Apartments.com survey revealing renters feel uneasy about the current economy and are approaching this holiday season more [...]
Continue reading...Vail Real Estate Suffers; Creativity is a Must for Sellers
Saturday, December 5, 2009
Resort real estate at exclusive destinations such as Vail, Aspen, or Telluride has often been immune to economic ups and downs. Property values have not always appreciated, but these markets have typically remained stable. The markets are small and desirable, which would offset many economic impacts. That’s not the case in 2009. Currently these markets are [...]
Continue reading...Economic Stimulus and Low Rates Tempt Buyers to Bite Into the Housing Market - Chew on This Mortgage Expert’s Advice First
Saturday, December 5, 2009
For many homebuyers and homeowners, historically low rates and the new tax incentives on real estate in the government’s economic stimulus bill are like manna from heaven. But if you’re a first-time buyer or looking to refinance your existing home, here’s something you should chew on first: the latest book by mortgage expert Dale Vermillion, [...]
Continue reading...Bankrate: Mortgage Rates Set New Record Low
Friday, November 27, 2009
The average conforming 30-year fixed mortgage rate fell to 5.00 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.44 discount and origination points. The average 15-year fixed mortgage was down to 4.47 percent while the larger jumbo 30-year fixed rate rose to 6.03 percent. Adjustable rate mortgages decreased [...]
Continue reading...Affordable Prices Draw Investors to Real Estate
Thursday, November 12, 2009
Affordable prices and foreclosures are attracting investors to the real estate markets today, and the number of consumers interested in investing in real estate has doubled since March 2009, according to the new Move.com Homeownership Survey released today. Low prices and foreclosure bargains have also become the most important reasons motivating buyers today to purchase [...]
Continue reading...Mortgage Rates Post Mixed Results
Friday, October 30, 2009
The average conforming 30-year fixed mortgage rate inched higher to 5.35 percent, according to Bankrate.com’s weekly national survey. The average 30-year fixed mortgage has an average of 0.37 discount and origination points. The average 15-year fixed mortgage was also up slightly to 4.74 percent while the larger jumbo 30-year fixed rate sank to 6.40 percent. Adjustable [...]
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Friday, January 22, 2010
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