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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...
Winter Is Best Time to Sell, Study Shows
Daily Real Estate News | Monday, December 15, 2014 --> The housing market doesn’t hibernate in the winter. Sellers who list and buyers who buy often find the winter season the most advantageous time to make a move in real estate, according to a 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...
Landscaping can Increase your Homes Value up to 12.70%
DAILY REAL ESTATE NEWS You might want to take a closer look at your listing's curb appeal: Upgrading a home's landscape from average to excellent can raise its overall value by 10 percent to 12 percent, according to research from Virginia Tech. 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...
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...
Fannie Mae/Freddie Mac to Limit Loan Purchases
Mortgage Giants to Limit Loan Purchases to 'Qualified Mortgages' Daily Real Estate News | Tuesday, May 07, 2013 --> Mortgage giants Fannie Mae and Freddie Mac will begin next year to purchase only loans that meet new “qualified mortgage” Read More...
Mortgage Delinquencies Fall to 2007 Lows
Daily Real Estate News | Tuesday, May 07, 2013 --> Delinquencies on home loans dropped in March to 0.84 percent of the nation's 50.2 million mortgages -- the first month since 2007 that delinquencies were below the 1 percent mark, Lender Processing 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...
Exterior Projects Provide Biggest Return on Investment
Daily Real Estate News | Tuesday, January 29, 2013 --> Home owners looking for the most return on their investment when it comes to remodeling should consider exterior replacement projects. According to the 2013 Remodeling Cost vs. Value Report , REALTORS® 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...
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