by admin | Mar 20, 2009 | News
WASHINGTON – March 20, 2009 – Rates on 30-year mortgages plunged to a record low Thursday after the Federal Reserve launched a new effort to prop up the flailing housing market. The national average rate on 30-year, fixed mortgages was 4.94 percent on Thursday,...
by admin | Mar 11, 2009 | News
WASHINGTON – March 11, 2009 – Homeowners who decide to rent out their properties have to stop thinking of themselves as homeowners and instead consider themselves as running a small business, experts say. Thinking like a businessperson means focusing on the monthly...
by admin | Mar 10, 2009 | News
WASHINGTON – March 10, 2009 – HOPE NOW, a nonprofit alliance of mortgage companies, housing counselors and others in the lending business, has added a new tool to its website enabling homeowners to initiate a loan modification or refinance with their lenders by...
by admin | Mar 2, 2009 | News
For the second straight week, mortgage applications rose significantly in response to the government’s efforts to stabilize housing and the economy. The Mortgage Bankers Association’s week index reached 1159.4, an increase of 32.2 percent on a seasonally adjusted...
by admin | Feb 27, 2009 | News
WASHINGTON – Feb. 27, 2009 – Against a backdrop of record-low new home sales, Housing Secretary Shaun Donovan told lawmakers the lending industry is set to launch the Obama administration’s $75 billion foreclosure prevention program next week. Final details will be...
by admin | Feb 27, 2009 | News
ORLANDO, Fla. – Feb. 27, 2009 – Florida’s existing home sales rose in January, making it the fifth month in a row that sales activity showed increases in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors®...
