Monthly Archives: October 2011

From the Los Angeles Times:  The typical fixed rate for a 30-year home loan edged barely lower early this week amid mixed economic data, Freddie Mac said. Click here for full article.

From The Washington Post – Bob Willis: Oct. 27 (Bloomberg) — The number of contracts to purchase previously owned U.S. homes unexpectedly fell in September as lower prices and borrowing costs failed to support demand. Click here for full report.

From THE WALL STREET JOURNAL :  NEW YORK — Americans say they feel worse about the economy than they have since the depths of the Great Recession. And it’s a bad time for a bad mood because households are starting … Continue reading →

From CNN Money – Les Christie: NEW YORK (CNNMoney) — Home prices continued a winning streak in August, the fifth straight month of price gains, but remain lower on a year-over-year basis. Click here for full article.

From the WALL STREET JOURNAL – Alan Zibel and Nick Timiraos: A push by the real estate industry to restore higher limits on the size of government-backed loans is starting to have some results. But the outcome is far from … Continue reading →

From the Los Angeles Times – Steve Goldstein: Sales of previously owned homes fell 3% in September, reflecting continued tough times in the housing market as well as newly imposed tougher loan limits, a trade group said Thursday. Click here … Continue reading →

From CNNMoney –  Les Christie: Hey, wealthy foreigners! Want to live in the U.S.? Buy a home here. International purchases of American homes are ramping up, and a new Senate bill designed to boost the ailing real-estate market would encourage … Continue reading →

From the ASSOCIATED PRESS – Derek Kravitz: WASHINGTON (AP) — Home builders started projects in September at the fastest pace in 17 months, a hopeful sign for the economy. Click here for full article.

From CNNMoney – Les Christie: NEW YORK (CNNMoney) — A 4% mortgage sounds too good to be true — and for more than 90% of borrowers, it is.  Click here for full article.

From HOUSINGWIRE – Jon Prior: More than 23,200 foreclosures in 2006 sat unsold until the second quarter of 2010 – more than four years later, according to a study from the data analytics firm CoreLogic Click here for full article.