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Brought to you by Ralph Paulsen, Hernando County's #1 Residential Sales Agent in 2003, 2004 & 2005. For more information on any of these listings call Ralph at Cell:352-650-4392. Distinctive Homes & Properties.
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Brought to you by Ralph Paulsen, Hernando County's #1 Residential Sales Agent in 2003, 2004 & 2005. For more information on Hernando County real estate call Ralph at Cell: 352-650-4392. Distinctive Homes & Properties. |
| Trends in buying and selling real estate |
The Real Estate Journal
Condo-Hotel Buyers See Investments Sour
Many investors who purchased condo hotel rooms during the real-estate boom are wishing they hadn't. Some frustrated owners are bringing these projects to the attention of regulators.
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Five Questions to Ask Before Remodeling
Before you redo your home make sure you know how big a renovation you can afford and how long you will remain in your residence.
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Mortgage Relief Programs Aren't Helping Much
Up until now, state efforts to help distressed homeowners refinance have had negligible results. A new federal bill may give them additional tools.
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Selling History By the Square Foot
In a backlash against vinyl-clad McMansions developers are creating communities with houses that look like they were built centuries ago, but with modern trappings.
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FHA Loans Grow Costly As Banks Add Fees
Lenders that make loans insured by the Federal Housing Administration are adding costs and restrictions that make those mortgages more expensive for consumers and less widely available.
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States Move Fast On Mortgage Aid
Local governments are acting more aggressively to help homeowners avoid foreclosure, frustrated by what they view as the federal government's inadequate response to the mortgage crisis.
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Fine Tuning the Picture On the Foreclosure Mess
It's not always easy to get an accurate sense of how many foreclosures there actually are and which U.S. locales are the hardest hit. June Fletcher explains why.
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| Real Estate and Mortgage News |
RealNews
Freddie Mac reports rates little changed
Freddie Mac reported mixed changes of two-hundredths of a percent or less in interest rates this week. Rates remain higher than early September, but are also lower than this time last year for every loan term from 1-year Adjustable Rate Mortgage (ARM), down 0.46% from last year, to the 30-year Fixed Rate Mortgage (FRM) [...]
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Mortgage applications down, prices down, rates starting down
Lots of news about the housing economy the last couple of days and all the numbers dropped - though that was good in the case of mortgage rates. The Mortgage Bankers Association reported Wednesday that mortgage applications fell last week and Fixed Rate Mortgage (FRM) rates dropped slightly while Adjustable Rate Mortgage (ARM) rates [...]
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No good news in housing this week
Today’s housing market news reinforced the down news for housing and mortgage markets released yesterday. The Freddie Mac Primary Market Mortgage Survey for this week showed rates rising substantially, mirroring the results of the Mortgage Banker’s Association survey. Likewise, the Commerce Department’s report on new home sales showed an 11.5% drop in August [...]
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Home sales, mortgage applications drop
Home buyers and refinancing homeowners pulled back last week as mortgage rates ticked up nearly a quarter percent for 30-year Fixed Rate Mortgages (FRMs) and three-tenths percent for 15-year FRMs. With global credit markets seizing up last week, the rate increase isn’t unexpected. The National Association of Realtors reported today that those credit [...]
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More good housing news on several fronts
Mortgage applications increased last week according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey, while the Mortgage Bankers Association and Freddie Mac both reported interest rates down across the board. The Housing Market Index released Tuesday by the National Association of Homebuilders and Housing Starts released Wednesday by the Commerce Department indicate that [...]
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Freddie Mac reports big rate drop
Freddie Mac reported that mortgage rates fell further this week, bringing the average rate for a 30-year Fixed Rate Mortgage down to 5.93% - down 0.6% over the last four weeks and down 0.4% from last week.
Freddie Mac chief economist Frank Nothaft notes that this means a $76 drop in the monthly payment [...]
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Mortgage rates down
Fixed Rate Mortgage (FRM) and Adjustable Rate Mortgage (ARM) rates fell last week while mortgage applications rose after adjusting for the holiday shortened week, according to the Weekly Mortgage Applications Survey from the Mortgage Bankers Association. Refinance applications rose more than 15% on an adjusted basis, while purchase applications rose more than 6%. [...]
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| News for Homebuyers and Sellers |
Inman News
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