Mortgage News, Real Estate News

Top Real Estate and Mortgage Headlines for April 2nd

April 2, 2011 by · 1 Comment 

Unemployment Falls to 2-Year Low: 8.8% | newser.comIn case you didn’t hear the news, the unemployment rate has fallen to 2-year lows. Why is this important to real estate?

People who are not employed can not buy homes. As lending guidelines have tightened over the past 2 years, even a temporary layoff could derail a home purchase.

While we collectively wait for more jobs, let’s take a minute to review what the top real estate and mortgage headlines are today according to the National Association of Realtors.

These are the top real estate and mortgage headlines for Saturday, April 2, 2011.

Want to know how these national real estate headlines could impact you right here locally in Northwest Indiana? Subscribe to this blog, Today’s Real Estate Reality, and let our collective years of real estate experience in Northwest Indiana guide you to an informed and successful real estate transaction today.

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One Response to “Top Real Estate and Mortgage Headlines for April 2nd”
  1. When it comes to mortgage reform and the roles of Fannie Mae and Freddie Mac moving forward, Northwest Indiana home buyers and home owners better pay attention. If home buyers and home owners thinks it’s tough getting a mortgage now, just imagine when private institutions and banks take full control. The pendulum has swung from one extreme to the other. Now we need to make sure it doesn’t completely break the back of the real estate industry.

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