Daily Archives: December 30, 2011

Foreclosures on the Upswing

Posted on December 30, 2011 by

Steve Adams, The Patriot Ledger, December 29th, 2011 After slowdown, numbers increase in region, statewide Boston — After slowing down for much of 2011, foreclosure activity in Massachusetts is returning to more typical levels seen during the housing downturn, according … Continue reading →

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New Credit Score gets Personal

Posted on December 30, 2011 by

by Mark Puente, St. Petersburg Times for The Patriot Ledger, December 29th, 2011 Mortgage application may hinge on rent,utilities, cellphones Getting a mortgage might become a little more intrusive as some lenders will probe more of your personal information next … Continue reading →

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FHA Stays in the Jumbo Loan Game

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FHA stays in the jumbo loan game Why lawmakers benched Fannie, Freddie By Tom Kelly Inman News® We’ve all heard stories about second-team players that were thrust into the starting lineup because the usual starters were not healthy enough to … Continue reading →

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Morning Minutes: December 30th

Posted on December 30, 2011 by

GateHouse News Service Posted Dec 30,  2011 Word of the Day Cacophony ka-KAH-fuh-nee (noun) Harsh or discordant sound;  dissonance; harshness in the sound of words or phrases – http://www.merriam-webster.com Website of the Day Best movies of 2011 http://www.afi.com/afiawards/default.aspx If you’re … Continue reading →

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New Bubble may be Building in 30-year Mortgages

Posted on December 30, 2011 by

 ED PINTO, HousingWire.com Thursday, December 29th, 2011 [Editor's Note: This commentary first appeared on Bloomberg and is reprinted  here with permission.] The 30-year fixed-rate mortgage, the most common way U.S. buyers finance a  home purchase, isn’t the ideal instrument its … Continue reading →

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Mortgage Rates finish year new Historic Lows

Posted on December 30, 2011 by

 JUSTIN T. HILLEY, HousingWire.com Thursday, December 29th, 2011, 9:13 am The nation’s average mortgage interest rates are finishing 2011 near all-time  historic lows, helping to keep homebuyer affordability high. The Freddie Mac mortgage market survey showed the 30-year,  fixed-rate mortgage … Continue reading →

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Buyers, Sellers continue to Butt Heads on Home Prices

Posted on December 30, 2011 by

 JUSTIN T. HILLEY, HousingWire.com Thursday, December 29th, 2011, 2:19 pm Most Americans feel now is a good time to buy a home, but those who want to  sell are having difficulty finding buyers at desired prices, causing seller  sentiment to … Continue reading →

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