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23 February 2010
FHA to Provide Early Relief to Struggling Homeowners
Homeowners with FHA-insured mortgage loans who are experiencing financial hardship are now eligible for loss mitigation assistance before they fall behind on their mortgage payments. Previously, these homeowners were not eligible for such assistance until Read More...
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23 February 2010
Jumping into the Housing Market?..consider this:
If you have a good job and good credit, the next few months might be a good time to go house hunting. Fence-sitters take the risk that Congress may let a rich tax credit expire, and that interest rates may rise. Buyers and sellers should consider the Read More...
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18 May 2009
May 18, 2009-Real Estate News This Week
(Remember, inflation is the archenemy of Bonds and home loan rates, so I will be keeping a close eye on this in the coming months.) The Department of Housing and Urban Development's Federal Housing Administration making a very interesting announcement Read More...
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15 October 2008
Fed Cuts Rate by .50==Multi-Family Financing Still Unknown
Fed Cuts Rate by 50 Basis Points, Impact on Multi-Family Financing Still Unknown The Federal Reserve today ordered an emergency interest rate cut of half a percentage point , knocking the key rate down to 1.5 percent. The Fed fund rate is the interest Read More...
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13 October 2008
Stock Market at a 5 year low...Oil down!
"THOSE WHO CAN SOAR TO THE HIGHEST HEIGHTS CAN ALSO PLUNGE TO THE DEEPEST DEPTHS." Lucy Maud Montgomery . Despite all of the government's efforts, markets here and around the world plunged this week as the financial crisis continues to grow. Read More...
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