Daily Archives: June 9, 2012

Buying, Selling has Many Pitfalls

Posted on June 9, 2012 by

Linda Goodspeed for The Patriot Ledger, June 8th, 2012 Anyone who has ever bought or sold a home knows “it ain’t over ’til it’s over.” In today’s topsy-turvy real estate market with its glut of short sales, financial hurdles and … Continue reading →

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FHA to Expand Sales of Severely Delinquent Mortgages

Posted on June 9, 2012 by

By Jon Prior • June 8, 2012 • Housingwire.com The Federal Housing Administration will sell 5,000 mortgages in the foreclosure process every quarter beginning in September to give borrowers more options to stay in their homes than government programs currently … Continue reading →

Posted in Financing, Foreclosure, Home Buying, Home Selling, Market Conditions, Mortgage | Tagged , , , | Leave a comment

Positive Trends in Consumer Sentiment Leveling Off

Posted on June 9, 2012 by

06/07/2012 By: Tory Barringer, DSNews.com Lulls in employment and income growth led to a plateau in consumer sentiment in May, according to Fannie Mae’s May 2012 National Housing Survey. The data released by Fannie Mae on Thursday showed that although … Continue reading →

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Fixed Rates Reach Record-Low Averages for 6th Consecutive Week

Posted on June 9, 2012 by

06/07/2012 By: Esther Cho, DSNews.com As the employment situation continues to raise concerns, fixed rates fell even lower, slipping yet again to new record-lows, according to a survey from Freddie Mac released Thursday. The 30-year fixed-rate mortgage averaged 3.67 percent … Continue reading →

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