Is It Time To Re-Approve Your Pre-Approval?
As the federal home buyer tax credit nears its April 30 end-date, there’s a lot of would-be home buyers still working to get under contract. A piece of advice for all of them : If your...
View ArticleWhy You Shouldn’t Schedule Your Closing For May 28, 2010
The federal home buyer tax credit expires April 30 and the deadline is sparking a home sale surge. It figures to burden real estate, mortgage and title offices nationwide over the next 60 days so...
View ArticleHow To Buy Distressed Properties In A Period Of Rising Inventory
Foreclosure filings rose close to 20 percent nationwide last month versus February, according to foreclosure-tracking firm RealtyTrac.com, and for the 13th straight month, total filings topped...
View ArticleWhat’s Ahead For Mortgage Rates This Week : April 19, 2010
Mortgage markets improved last week for the second week in a row. And, also for the second week in a row, rates were down on “safe haven” buying — just not for the same safe haven reasons as before....
View ArticleIt May Be A Good Time To Look At Adjustable Rate Mortgages
Each week, government-led Freddie Mac publishes a weekly mortgage rate survey based on data from 125 banks across the country. According to this week’s results, the relative rate of a 5-year ARM is...
View ArticleHousing Starts Data Hints That Housing Will Expand Even After The Tax Credit...
After a strong March showing and a surprise upward-revision for February, Housing Starts are, once again, trending better. It’s yet another signal that the housing market nationwide is stabilized. A...
View ArticleHow Iceland’s Volcanoes Are Helping Mortgage Rates Fall
Mortgage rates and home affordability have improved lately, thanks to an unlikely ally — Mother Nature. In the 7 days since Iceland’s Eyjafjallajökull erupted, ash clouds have grounded planes,...
View ArticleDebate Rages Over the Supply of Foreclosed Homes
Debate Rages Over the Supply of Foreclosed Homes Why is there such a fierce debate about whether the housing market is slowly healing or heading for another free fall? Partly because no one can...
View ArticleTax credit deadline ignites buying frenzy
April 30th, 2010, · posted by Jeff Collins of the Orange County Register A lot of last-minute homebuying decisions were made Friday as buyers rushed to qualify for a federal tax credit that expired...
View ArticleOrange County homebuyers are paying as much as 16% more
For the 22 business days ending April 27 – DataQuick’s latest homebuying report — Orange County saw … For the 22 business days ending April 27 Slice Price Yr. ago Sales Yr. ago Houses $504,000 +18.6%...
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