Mortgage Applications
Top Real Estate and Mortgage Headlines for October 6th
October 6, 2010 by WelcomeHomeNWI · 2 Comments
It’s Wednesday, October 6th, and Bank of America once again is making headlines for all the wrong reasons. Here is today’s top real estate headlines according to the National Association of Realtors.
- Mortgage Applications Rise
FHA activity rose 17.2 percent last week as stricter rules for those loans neared, according to the Mortgage Bankers Association. - How to Reach the Millennials
The millennial generation is a growing segment of buyers in today’s market. But they have different views about home ownership, and they also communicate differently than previous generations. Are you talking their talk? - HUD Has Loans for Out-of-Work Borrowers
The U.S. Department of Housing and Urban Development will offer $50,000 loans to unemployed borrowers who are at least three months behind on their payments, but have a reasonable likelihood of being able to resume payments within two years. - BofA Is Exiting Wholesale Mortgages
Bank of America will stop making mortgage loans via third-party brokers, focusing on loans offered directly to consumers. - Helmsley Mansion Sells at Deep Discount
The Greenwich, Conn., estate of the late hotel magnates Leona and Harry Helmsley sold for $35 million after being listed in 2008 for $125 million.
These are the top real estate and mortgage headlines for today, October 6, 2010.
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.
Mortgage Applications
Top Real Estate and Mortgage Headlines for September 1st
September 1, 2010 by Cathy Mattan · 1 Comment
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 Builder
The markets will stabilize, but some experts doubt that prices will rise faster than inflation. - Mortgage Applications Slip Slightly
The purchase index dropped 0.4 percent, but refinancings were up 2.8 percent last week as interest rates continue to fall, according to the Mortgage Bankers Association. - No Class-Action Status on Phony Appraisals
A U.S. District Court refused a request for class-action status in a suit by First American Corp. shareholders who said that the stock tanked when the company was charged with colluding with Washington Mutual to inflate appraisals. - Hyperlocal Focus Is Key to Market Domination
A multi-pronged approach including online and offline marketing plans and a six-month budget can help agents boost their share of the business. - Google Invests in Low-Income Housing
The Internet giant is spending $86 million on a tax-credit fund to finance the construction of 480 affordable housing units.
These are the top real estate and mortgage headlines for today, September 1, 2010.
Want to know how these national real estate headlines could impact you right here locally in Crown Point Indiana? Subscribe to this blog, Today’s Real Estate Reality, and let my years of experience in Crown Point Indiana guide you to an informed and successful real estate transaction.
