6 Things You Need to Know About New FHA Home Loans
With the passing of H.R. 5981 and the resulting Public Law 111-229, FHA was given authority to change the amount charged to borrowers for both the Up Front and the Annual insurance premiums it requires to insure home loans. These FHA Mortgage Insurance Premium changes are outlined in Mortgagee Letter 2010-28 and become effective for all FHA case numbers assigned on... [Read more of this blog post]
Top Real Estate and Mortgage Headlines for September 1st
It’s Wednesday and it’s the start of a new month. Here is today’s top real estate headlines according to the National Association of Realtors. Commercial Real Estate Yields Spur Investors Capitalization rates averaged 7.22 percent in the second quarter, or 4.29 percentage points higher than the yield on 10-year government bonds. Housing Less Likely to Be Wealth... [Read more of this blog post]
Porter County Indiana – Home to 54 Nature Trails And More
Get ready to trek the wilds of Porter County Indiana. Finally in one location, there is a booklet of all the best nature trails and points of interest for the amateur nature lover in your family. And with 54 nature trails to choose from, you can visit one a week for an entire year before visiting the same place twice. In case you missed it Chesterton Indiana’s... [Read more of this blog post]
Top Real Estate Headlines for Week Ending: August 27th
As we all look forward to the weekend, let’s pause for a moment to review what the top real estate and mortgage headlines were this week according to the National Association of Realtors. July Existing-Home Sales Fall, But Prices Rise Home prices rose in July, though existing-home sales continued their slide following the expiration of the home buyer tax credit. Is... [Read more of this blog post]
Have We Hit The Bottom Yet in Portage Indiana Real Estate
People across Portage Indiana have been asking me lately about real estate prices. “Do we see light in the tunnel?” they ask. Since real estate markets move in up and down cycles, economists and homeowners alike all want to know when market trends are entering a new phase. Can they time their move to be positioned ahead of the next wave? Whether you are... [Read more of this blog post]
Home Sellers – Feeling Lucky With Your Real Estate Sale?
In case you missed this morning’s headline, Existing Home Sales Swan Dive. That’s right. Sales of existing home sales plummeted 27.2 percent in July. Furthermore, the National Association of Realtors stated that July’s existing home sales is the lowest reading since NAR has been keeping track. It should also be noted that total housing inventory increased by... [Read more of this blog post]
What’s News for Mortgage Rates This Week: August 23rd
If you’re a fan of cliff diving, last week was your week. It was full of economic reports that took a nose dive for the real estate industry, mortgage markets and the overall economy. Mortgage bonds and mortgage rates took a beating while all ears were listening to hear the outcome and recommendations of the “Future of Housing Finance” conference last... [Read more of this blog post]
This Weekend–Fun Events Around Portage Indiana
Portage Indiana is the hub for a wide range of family friendly activities. If you are looking for something to do this weekend consider starting your search with these. In addition to a long list of year-round leisure activities, here are a few special events to consider for this weekend only. Farmers Markets Portage Farmer’s Market, Founder’s Square Park,... [Read more of this blog post]
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