Category Archives: Financing

Mortgage Relief Slow in Coming

Posted on May 23, 2013 by

By Danielle Douglas, Washington Post, The Boston Globe, May 20th,2013 Washington — Banks have paid less than half the $5.7 billion owed to troubled homeowners under nearly 30 settlements brokered by the government since 2008, delaying help to millions of … Continue reading →

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Homeownership is Not a Tax Loophole

Posted on May 23, 2013 by

RealtyTimes.com, May 21st, 2013 Reforming the tax code is a big issue in Washington this year; and whatever is one person’s preferred deduction is, in the eyes of another, it’s a ‘loophole.’ Imagine, then, literally thousands of Realtors® on Capitol … Continue reading →

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Delinquency Rate Slips to Lowest Level since 2008

Posted on May 22, 2013 by

By: Esther Cho, DSNews.com, May 22nd, 2013 Month-end mortgage performance data in April continued to point to a recovery as delinquency and foreclosure rates posted record improvements, Lender Processing Services, Inc. (LPS) reported Wednesday. In April, the delinquency rate (30-plus … Continue reading →

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Housing Begins to Directly Contribute to Economy

Posted on May 21, 2013 by

By Megan Hopkins • May 20, 2013 • HousingWire.com The housing sector may finally become a direct and meaningful contributor to U.S. economic growth in 2013 and beyond, according to NewOak CEO and Co-Founder Ron D’Vari. D’Vari expects the sector … Continue reading →

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Four Tips for Homeowners Facing Foreclosure

Posted on May 20, 2013 by

Realtytimes.com, May 20th, 2013 Consumers can minimize the fear and paralysis associated with foreclosure by arming themselves with knowledge that will help increase their chances of a loan workout or amicable walk-away. Full Story: http://realtytimes.com/rtpages/20130520_tipsfacingforeclosure.htm

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Mortgage Application Activity Boosted by Low Mortgage Rates

Posted on May 19, 2013 by

RealtyTimes.com, May 15th, 2013 Mortgage application activity continues to be boosted by low mortgage rates that remain stable and still within historic levels. Full Story: http://realtytimes.com/rtpages/20130515_ratewatch.htm

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Mortgage Rates move higher for Second Consecutive Week

Posted on May 18, 2013 by

Realtytimes.com, May 17th, 2013 Mortgage rates followed U.S. Treasury bond yields higher this week on signs of stronger consumer spending. Full Story: http://realtytimes.com/rtpages/20130517_interestratewatch.htm

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Home Afrfordability Index Slips in Q1, but Remains Strong

Posted on May 18, 2013 by

By: Esther Cho, DSNews.com, May 16th, 2013 As interest rates stay low, housing affordability across the country remained strong in the first quarter but showed signs of weakening, according to data from the National Association of Home Builders (NAHB)/ Wells … Continue reading →

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Average US Mortgage Rates Tick Higher

Posted on May 17, 2013 by

Associated Press, May 17th, 2013 Washington — Average US rates on fixed mortgages rose this week but remained near their historic lows. Cheaper mortgages have helped the nation’s economy by spurring more home buying and refinancing. Mortgage buyer Freddie Mac … Continue reading →

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Mortgage Squeeze Loosens, Somewhat

Posted on May 17, 2013 by

Realtytimes.com, May 16th, 2013 Some 8 percent of banks loosened mortgage credit recently and mortgage credit conditions have either loosened or held steady for eight of the past nine quarters. Full Story: http://realtytimes.com/rtpages/20130516_mtgsqueezeloosens.htm

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