Archive for the 'Home' Category

Fannie Mae Bolsters Multifamily Investment

If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!Company Efforts Geared Toward Stabilizing Key Market Segments and Increasing Rental Housing Opportunities
Amid stress in the capital markets and a downturn in the Commercial Mortgage Backed Securities market, Fannie Mae (NYSE:FNM) today announced that it will expand [...]

Survey Reveals Mortgage Servicers Still Not Helping Troubled Borrowers Keep Their Homes

Home loan servicers and lenders are not working with borrowers who need loan modifications in order to keep their homes. In a third survey of California mortgage counseling agencies servicing homeowners statewide, the California Reinvestment Coalition (CRC) found that despite lenders’ promises to help borrowers, foreclosure is still the most common outcome for homeowners struggling [...]

Redfin Launches Online Real Estate Service in Chicago

Expands Search by More Than 4 Million More Homes, Increasing Redfin’s Reach by Almost 40% to 16 Million Homes
Online real estate broker Redfin Corporation today launched its real estate e-commerce service for the Chicago area, its eighth market overall and first new market in 2008. Redfin’s brokerage, headquartered in Schaumburg, Ill., now serves Cook [...]

Holiday Builders Offering Homebuyers Incredible Rate of 3.25% for a Limited Time

Homebuilder Brings Dream of Homeownership Closer to Reality in Celebration of National Homeownership Month
Holiday Builders, an award-winning homebuilder celebrating 25 years of quality building, today announced that it is offering an incredible rate of 3.25 percent on homes ready for move-in. In partnership with Shelter Mortgage, Holiday Builders is bringing homebuyers the dream of homeownership [...]

Bankrate: Mortgage Rates Slide

Fixed mortgage rates pulled back this week, with the average conforming 30-year fixed mortgage rate dropping to 6.02 percent. According to Bankrate.com’s weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.44 discount and origination points.
The average 15-year fixed rate mortgage popular for refinancing fell to 5.63 percent, while [...]

Realtors, Housing and Finance Experts Address Mortgage Crisis

With the goal of helping more families keep their homes rather than lose them to foreclosure, Federal Housing Administration Commissioner Brian Montgomery, Office of Federal Housing Enterprise Oversight Director James Lockhart and Harvard University Director and former House Financial Services Chairman Jim Leach addressed a crowd of more than 400 Realtors(R) at the National Association [...]

Bankrate: Fixed Mortgage Rates Steady While Adjustable Rates Fall

Fixed mortgage rates were largely unchanged this week. The average conforming 30-year fixed mortgage rate backtracked to 6.13 percent, according to Bankrate.com’s weekly national survey of large lenders. The average 30-year fixed mortgage has an average of 0.40 discount and origination points.
The average 15-year fixed rate mortgage popular for refinancing was unchanged at 5.71 percent, [...]

RealEstate.com Announces New Features for Data Hungry House Hunters

On the heels of integrating Google Maps Street View(TM) in 680 cities nationwide, RealEstate.com today announces several new search features created specifically to empower and to educate home shoppers browsing the site’s nearly two million listings.
Now, house hunters visiting RealEstate.com can get their fingers on neighborhood information for more than 22,000 cities nationwide while searching [...]

Bankrate: Mortgage Rates Nudge Higher

Fixed mortgage rates inched upward for the third week in a row, with the average conforming 30-year fixed mortgage rate rising to 6.16 percent. According to Bankrate.com’s weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.36 discount and origination points.
The average 15-year fixed rate mortgage popular for refinancing [...]