We saw another “battle of the warring housing price indexes” last week, with the federal government reporting positive price appreciation in more than two-thirds of U.S. metropolitan markets — at the same time a widely-publicized Wall Street index said home values were down by a record 4 percent for the year, and down by 5 [...]

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Real Estate Owned (REO) properties can seem like an attractive purchase but you’d better understand exactly what you’re getting before you buy them or you could be sorry. These types of properties are often owned by lenders such as banks, credit unions, mortgage companies, and other businesses.
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With its population growing at 5 percent each year, Bismarck, North Dakota has a searing real estate market with housing prices on average jumping 15 percent in the last 12 months to a median sales price of more than $161,000.
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When you look at your November and December calendars you may find the months already overloaded with seasonal obligations — shopping, entertaining, children’s pageants, charity work, decorating the house, and so much more. If you are also trying to sell your home, you are under extra pressure to keep your home in “showtime” condition. And [...]

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Whenever we see a downturn in the housing market, we also witness a rise in real estate and mortgage fraud, and builders are not immune to it. After all, when you are carrying a large inventory of new homes and are receiving few if any offers, the crushing financial burden could be enough to tempt [...]

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McLEAN, VA — Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.96 percent with an average 0.4 point for the week ending December 6, 2007, down from last week when it averaged 6.10 percent as well. Last year at this time, the [...]

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The Bush administration announced a plan that freezes interest rates for some credit-challenged homeowners who purchased their homes with subprime loans. President Bush called for Federal Housing Administration reforms to lower borrowing requirements for FHA conforming loans, and a five-year freeze on some subprime mortgage loans. Eligible borrowers are those holding adjustable rate mortgages that [...]

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We saw another “battle of the warring housing price indexes” last week, with the federal government reporting positive price appreciation in more than two-thirds of U.S. metropolitan markets — at the same time a widely-publicized Wall Street index said home values were down by a record 4 percent for the year, and down by 5 [...]

read full story of "Investor Report: Battle of the Warming Housing Price Indexes"