The Indypendent Fannie Mae to purchase fixed-rate mortgage loans from Federal Home … RTT News, NY - 8 hours ago (RTTNews) - Tuesday, Fannie Mae (FNM: News ) and wholesale bank Federal Home [...]
Continue reading...Tuesday, October 7, 2008
The median price of these Davis County Homes for Sale is $265000 and the average price is $340388. The median price is down $30000 from May, but it is still 31% higher than the median sales price of September. At Septembers sales pace, … Continue here: September Stats for Davis County
Continue reading...Monday, October 6, 2008
While the amount of homes sold is up, the average selling price is down. The average sold price of $259067 is the lowest monthly average since January of ‘07. This average price was also down 6% from last year. … Here is the original post: Salt Lake September Home Sales Numbers Up
Continue reading...Friday, October 3, 2008
(Excerpt - More at the link)A better way to destroy the mortgage market than what Biden-Obama propose could not possibly be imagined. For what Joe said (said twice, count ‘em above, twice) is that the government will decide, … Continued here: Obama-Biden and the Death of Mortgage Loans to You or Anyone [...]
Continue reading...Friday, October 3, 2008
My unofficial statistics from the Wasatch Front MLS show that 401 homes were sold in September compared to 397 last year. The average price of these sold homes was $239320; down 7.76% from last Septembers home prices. … Continued here: Positive Signs for Utah County Real Estate
Continue reading...Monday, September 29, 2008
In so many articles about the housing and mortgage crisis in the United States, adjustable rate mortgages (ARMs) are invariably mentioned as one of the culprits. People can’t pay when the interest rate on their loan resets. … More: Mortgage Loans Around the World Share and Enjoy:
Continue reading...Saturday, September 27, 2008
Why did the housing market FAIL? GREED, CORRUPTION and IGNORANCE! In 2003, I was taking some Mortgage Banking courses to obtain my Mortgage Banking Certification. One of the courses was introducing, what they termed “New” instruments for financing mortgages. The new instruments were not available in the state of Texas at that time due [...]
Continue reading...Thursday, September 25, 2008
Do you see something here that is just wrong? What’s this about Bush signing a housing bill? Lending Tree has got to be kidding. This was found on Yahoo this morning. Thursday September 25. He was just on television last night telling us about this mess and practically crying his eyes out. You can [...]
Continue reading...Thursday, September 25, 2008
Private Mortgage Insurance: An Important Issue for Home Buyers September 24th, 2008 If you are considering buying a new home, then you may already know that there are many requirements that potential home buyers must meet. One such requirement is private mortgage insurance. Private mortgage insurance, or PMI as it [...]
Continue reading...Wednesday, September 24, 2008
Is the Internet Always the Smartest Choice? With the Internet at our fingertips, it is tempting to believe that everything that is purchased via the Internet from a faraway place is cheaper/smarter/better. But when it comes to real estate, that just isn’t the case. And in this market, who doesn’t need every [...]
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Tuesday, October 7, 2008
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