Tag Archives: Ben Bernanke

Mortgage Mess Still Mires US Housing Recovery

Mortgage applications to purchase a home dropped more dramatically than did refinances, down 10 percent from the previous week. While one week does not a trend make, rising mortgage rates, coupled with severe inventory shortages, are not the mix needed … Continue reading

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Waters Requests Hearing on Termination of Independent Foreclosure Review …

Washington, DC – February 6, 2013 – (RealEstateRama) — Congresswoman Maxine Waters, ranking member of the House Financial Services Committee, today sent the attached letter to Jeb Hensarling, chairman of the committee, requesting that he hold a hearing about the … Continue reading

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Mixed Lamorinda Trends in Home Prices

Updated, 2:05 p.m. Friday, comment from John Heinzel. The real estate market in the Bay Area is accelerating as more homes sell for more money. In October, the volume of home sales in the Bay Area increased for the 16th … Continue reading

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Private Homebuilders: Dead Men Walking

One of the biggest impediments to housing’s recovery is credit, tight credit. The Chairman of the Federal Reserve, Ben Bernanke, said in a speech to the National Association of Home Builders today: “Current lending practices appear to reflect, in part, … Continue reading

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Lower Mortgage Limits Are a ‘Trade-Off’ Bernanke Says

scheduled expiration of higher loan limits at Fannie Mae, Freddie Mac and the FHA will have a negative effect on the housing market by raising the cost of home ownership, you can be rest assured the chairman of the Federal … Continue reading

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California Economy Forecast To Grow Slowly

California, which once led the nation in recovery from economic downturns, is lagging this time, the Center for Economic Research and Forecasting reported today. “We think the economy’s going to be growing slowly,” said Bill Watkins, CERF executive director. Some … Continue reading

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