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Mortgage Rates Dip Below 4% Again
Daily Real Estate News | Friday, August 07, 2015 --> For the third consecutive week, averaged fixed mortgage rates edged down as uncertainty about the economy continued to push Treasury yields lower, Freddie Mac reports in its weekly mortgage market survey. Read More...
Did Mortgages Just Get Easier to Obtain?
Daily Real Estate News | Tuesday, December 02, 2014 --> Fannie Mae and Freddie Mac's new lending guidelines went into effect Monday, which are expected to help loosen up the tight credit standards that home buyers and refinancers have faced in recent Read More...
Traverse City Real Estate Market YTD Stats
The Traverse City area real estate market continues to rebound well and continues to be in great demand , especially the under 250,000 price points....the lower the price point the more demand which is driving inventory down and prices up. Great news Read More...
Century 21 Survey -Home Ownership is Key for Returning Troops
Daily Real Estate News | Monday, December 02, 2013 --> For 75 percent of military families, owning a home is one of the most important things to accomplish upon returning from service, according to a Century 21 survey. Harris Interactive conducted the Read More...
Foreclosures Fall to 5-Year Lows
Daily Real Estate News | Monday, November 25, 2013 --> National foreclosure pre-sale inventory is at its lowest point since 2008, Lender Processing Services reports. The inventory—which reflects the number of loans that are in some stage of foreclosure—represents Read More...
Lenders Loosen Down Payment Requirements
Daily Real Estate News | Monday, November 18, 2013 --> Lenders' tight underwriting standards have been blamed for sidelining many potential home buyers the last few years. But lenders may be showing signs of loosening up a bit. The average down payment Read More...
Foreclosure Starts Cut in Half
Daily Real Estate News | Monday, September 30, 2013 --> Foreclosure starts have fallen to half the level they were a year earlier, according to second quarter data recently released from the Office of the Comptroller of the Currency. In the second quarter, Read More...
Despite Rising Mortgage Rates, Housing Remains a Positive Contributor
July 22, 2013 Economy Poised for a Stronger Second Half of 2013 Despite Rising Mortgage Rates, Housing Remains a Positive Contributor Pete Bakel 202-752-2034 WASHINGTON, DC – The ongoing housing recovery coupled with improvement in both consumer Read More...
Feds Target Bid-Rigging Scams at Foreclosure Auctions
Federal investigators are cracking down on foreclosure auction scams, where real estate speculators illegally try to fix the bidding process on properties. The cases mostly center in northern and central California, but bid-rigging schemes have also been Read More...
Nearly Quarter of Americans Find Errors in Credit Reports
Daily Real Estate News | Tuesday, June 04, 2013 --> Nearly a quarter of Americans say they’ve discovered problems with their credit reports, according to a new study of 1,000 American adults by FindLaw.com, an online legal information portal. The Read More...
Fannie, Freddie Footprint to Shrink With New Company
Daily Real Estate News | Tuesday, March 05, 2013 --> The Federal Housing Finance Agency (FHFA) announced Monday that mortgage giants Fannie Mae and Freddie Mac will create a new joint company for securitizing home loans. The move is viewed as a step toward Read More...
Traverse City area Real Estate Market continues to Improve
As Many people already know the Traverse City area real estate market certainly took hits over the past few years like anywhere but luckily not nearly as hard as many areas. Our local market has been recovering for almost 2 years now with inventories Read More...
Real Estate Prices Are Going Back Up
Illustration by Ian Michael Rousey By Jed Kolko Jul 8, 2012 6:30 PM ET House prices , after falling for more than five years, are rising again. All the major sales-price indexes show that there have been modest national increases in recent months, even Read More...
Mortgage Closing Costs on the Decline
Daily Real Estate News | Tuesday, August 07, 2012 --> Closing costs have dropped by 7 percent over the last year, according to an annual survey on closing costs conducted by Bankrate.com. Closing costs average $3,754 nationwide. Title insurance and other Read More...
Home Ownership - Still HIGHLY Important to Americans
REALTORS® rallied for the American dream of home ownership. But the nation’s voters are just as committed to the cause, according to a national survey released in May by the Woodrow Wilson International Center for Scholars. July 2012 --> Visitors Read More...
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