Tag Archives: Credit Score

Number of low-price homes plummets in state

Competition for lower-priced homes in California is so hot that the number of cheaper homes available for sale has sunk more than 40% in the last year, pushing out many would-be buyers. Homes that sold for $313,200 or less were … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Under Pressure, FHA Skews to Wealthier Home Buyers

The Federal Housing Administration, the government insurer of home mortgages, is often credited with saving the home finance market during the worst of the latest housing crash. When no one else would lend to lower-income borrowers, the FHA stepped in, … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Obama’s Mortgage Refi Plan to Go Through FHA

State of the Union address a new government refinance program for, “responsible” but “underwater” borrowers with privately held mortgages, President Obama is expected to detail the plan today. It will go through the government mortgage insurer, the Federal Housing Administration … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Obama’s Mortgage Refi Plan To Go Through FHA

State of the Union address a new government refinance program for, “responsible” but “underwater” borrowers with privately held mortgages, President Obama is expected to detail the plan today. It will go through the government mortgage insurer, the Federal Housing Administration … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Economists don’t agree housing’s hit bottom – Las Vegas Review

It wasn’t long ago that some economic forecasters anticipated a turnaround in the home-sale market by 2012. When the economic recovery stalled and the housing market showed no sign of turning around quickly, projections for a housing recovery were pushed … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Real estate trends: College town real estate

(MoneyWatch)  If your child is on his or her way to college, you’re already thinking about the big checks you’ll have to write. There’s little you can do about tuition at a top college or university, but what about the … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Record Low Mortgage Rates, Rising Pessimism on Housing

The numbers don’t add up. Mortgage giant Freddie Mac reports the rate on the 30-year fixed hit a new record low of 4.12 percent, at the exact moment that cohort Fannie Mae released its August housing survey showing ever more … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Why No Refi?

The latest weekly mortgage application survey released today by the Mortgage Bankers Association makes no sense. Mortgage applications fell 4.9 percent overall, with applications to purchase a home essentially flat and applications to refinance down 6.3 percent. The part that … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Refinancing Drop an Ill Wind for Housing Recovery

Does anyone remember when the rate on the 30-year fixed mortgage was up around 8 percent? I do. Perhaps that’s why it continues to stun me that a tiny shift in our now ultra low rates can have a huge … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Hard Money Lenders From California are Helping Real Estate Investors and Home …

These days many real estate investors and homeowners can’t refinance or purchase properties. To stabilize the market, a group of investors from California decided to help and use their own financing as hard money loans. Commercial and residential. STUDIO CITY, … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment