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Real Estate Investor News
- Foreclosures in July are 4th highest on record; delinquencies continue to decline
Dennis Norman A report published by Lender Processing Services (LPS) analyzing homeowner’s performance on their mortgages as of July 2010 shows that mortgage delinquencies continue to decline ho - Pending home sales rise in July; Down 19 percent from the year before
Dennis Norman After hitting all-time low in June, pending home sales increase 5.2 percent in July The National Association of REALTORS Pending Home Sales Index for July shows an increase of 5.2 perce - Mortgage Interest Rates Hit New Lows This Week; Refinancing Hits 15 Month Hig
Dennis Norman Interest rates dropped to new record lows this past week bring out existing homeowners to refinance their existing mortgages and even bringing out some homebuyers. According to the Mortg - Dueling Economists: Home Prices Up or Down?
Dennis Norman Naturally, no sooner than I finish writing my post this morning about the Case-Shiller report on home prices in which I actually got to report somewhat “positive” news, my bu - Report shows home prices up modestly over last year
Dennis Norman This morning S&P/Case-Shiller Index report for the 2nd quarter of 2010 was released showing that the home prices improved slightly over a year ago in 17 of the 20 Metro Area’s - Homelessness in America
Dennis Norman While many us have been worrying about what is happening to the value of our homes, how to deal with being underwater on a mortgage or even facing the loss of a home, there are many peop - HUD Announces Plans to Make Reverse Mortgages More Affordable
Dennis Norman The Federal Housing Administration (FHA) announced this week that it intends to make modifications to its Home Equity Conversion Mortgage (HECM), a reverse mortgage loan insured by the - New Rules for Mortgage Transfers
Dennis Norman Home mortgages are often sold or assigned, sometimes even right after the origination of the loan and, as a result, borrowers find themselves not knowing who their current lender is or - Homeowners with negative equity declines for second consecutive quarter
Dennis Norman After a couple of days of writing about bad reports on the housing market (existing home sales and new home sales to name two) I’m excited that I actually get to write something to - HUD Publishes Proposed Fair-Market Rents for Section 8 for 2011
Dennis Norman Annually, HUD determines “fair market rents” which become effective October 1st each year and are used to determine rent amounts under the Housing Choice Voucher program, Hou