A young relative called over the long weekend. He had just made an
Fri, Dec 1 2006, 8:00 AM
Wed, Nov 29 2006, 8:00 AM
The Office of Federal Housing Enterprise Oversight (OFHEO) has announced
as expected that 2007 dollar limits on conforming mortgages would remain
unc...
Wed, Nov 29 2006, 8:00 AM
Reports on the sales of existing homes for October were
released on November 28 by the National Association of Realtors. On a
slightly optimistic no...
Tue, Nov 28 2006, 8:00 AM
Co-housing is not a well known term in real estate but
it is a growing housing movement. It is also called " intentional
communities ," but if you we...
Mon, Nov 27 2006, 8:00 AM
The Office of Federal Housing Enterprise Oversight (OFHEO), the agency
charged with keeping an eye on Freddie Mac and Fannie Mae has alerted
lenders t...
Thu, Nov 23 2006, 8:00 AM
Mortgage rates continued a general downward trend
during the week ended November 16 with the long term rate retreating
substantially.
According to...
Wed, Nov 22 2006, 8:00 AM
Accentuate the positive. Gild the lily.
Lots of cliches come to mind after reading the third quarter summary of
existing home sales released on M...
Tue, Nov 21 2006, 8:00 AM
Voters have made it clear that they have not forgotten
Kelo
v New ...
Mon, Nov 20 2006, 8:00 AM
The Census Bureau and the U.S. Department of Housing and Urban
Development have released October figures on building permits and
housing starts and ...
Thu, Nov 16 2006, 8:00 AM
When I went back into real estate in the mid-90's I expected a level
of real estate technology at least as high as our
commercial real estate firm...
Wed, Nov 15 2006, 8:00 AM
Interest rates during the week ended November 9
continued to exhibit the same meandering pattern that they have for
months according to the Primary...
Tue, Nov 14 2006, 8:00 AM
Remember the days when it was thought a bit unseemly to brag about
spending money to influence the political process? Apparently in today's
world it...
Thu, Nov 9 2006, 8:00 AM
The slowdown in housing has begun to take a toll on the overall economy
according to the November Economic Outlook issued by Freddie Mac on
November 8...
Wed, Nov 8 2006, 8:00 AM
Frank Nothaft, vice and president and chief economist of Freddie Mac
credited declining third quarter Gross Domestic Product figures for a
slight drop...
Tue, Nov 7 2006, 8:00 AM
The Consumer Federation of America had a lot of critical things to say
about the real estate industry in general and the National
Association of Rea...
Mon, Nov 6 2006, 8:00 AM
Executive Director Stephen Brobeck spoke for CFA at the hearing and his
testimony was titled " Residential Real Estate Brokerage Services: A
Cockamami...
Thu, Nov 2 2006, 7:00 AM
Interest rates were up slightly this week according
to the Freddy Mac Primary Mortgage Market Survey for the week ended
October 26. The 30-year fix...
Wed, Nov 1 2006, 7:00 AM
A few months ago we reported on testimony given before a subcommittee of
the House Financial Services Committee, largely targeting the National
Associ...
Tue, Oct 31 2006, 7:00 AM
In addition to focusing on older Americans' role in the second house
market, Housing Trends Among Baby Boomers , a study jointly
conducted by Researc...
Fri, Oct 27 2006, 7:00 AM
New home prices took a heck of a hit in September according to
information released by the U.S. Census Bureau and the U.S. Department of
Housing and U...
Fri, Oct 27 2006, 7:00 AM
The Mortgage Bankers Association went missing yesterday, a day when they
usually release information on contract mortgage rates and
mortgage applica...
Thu, Oct 26 2006, 7:00 AM
After surging a bit during the week ended October 12, mortgage
rates barely moved according to the Primary Mortgage Market Survey
conducted by Fredd...
Wed, Oct 25 2006, 7:00 AM
Two studies out in the last week or so are taking at look at the impact
on housing of - what else - the Baby Boomers .
Both the Research Institute...
Mon, Oct 23 2006, 7:00 AM
If you follow network or cable news you probably believe that the
real estate market has gone from unbridled insanity where
buyers apparently losing...
Thu, Oct 19 2006, 7:00 AM
The various new home construction indicators tracked by
the U.S. Census Bureau and the U.S. Department of Housing and Urban
Development were mixed i...
Wed, Oct 18 2006, 7:00 AM
Maybe it was just too good to last.
After four weeks of declining interest rates Freddie
Mac reported a relatively sharp jump for each of the pro...
Tue, Oct 17 2006, 7:00 AM
Credit repair is a subject that has been on our back
burner for a long time, but a piece of spam received a few days ago brought
it to the forefront....
Thu, Oct 12 2006, 7:00 AM
Mortgage rates for the week ended October 5 barely
budged. After substantial downward moves over the last ten weeks only the
30-year fixed-rate mortg...
Wed, Oct 11 2006, 7:00 AM
Freddie Mac's Economic and Housing Market Outlook for October is
headlined " Finding Solid Ground. " It is another in a series of
projections that the...
Tue, Oct 10 2006, 7:00 AM
Could America's record balance of payments deficit with China be the
solution to low cost housing? Might it even be an unprecedented
opportunity to ...
Thu, Oct 5 2006, 7:00 AM
Mortgage fraud is back in the news. However, this time
it is the lenders rather than the borrowers who appear to be the main
targets of the scams.
...
Wed, Oct 4 2006, 7:00 AM
The old mortgage tracking clock has just rolled back to March
2 . That was the last time that the interest on a 30-year
fixed-rate mortgage was lower...
Tue, Oct 3 2006, 7:00 AM
There has been much speculation over the last few months that as housing
sales continue to decline, the home remodeling industry will also take a
big ...
Mon, Oct 2 2006, 7:00 AM
Last Friday, as had been expected, the five federal departments or
quasi-agencies charged with overseeing the nation's banking system jointly
issued "...
Thu, Sep 28 2006, 7:00 AM
Freddie Mac and the Mortgage Bankers Association were, for a change,
unanimous in agreeing that mortgage interest rates
retreated the past week.
...
Wed, Sep 27 2006, 7:00 AM
Buyers have been hoping for it and sellers have been dreading it but
home prices have apparently started a long-expected
decline while existing home...
Tue, Sep 26 2006, 7:00 AM
Thu, Sep 21 2006, 7:00 AM
The Federal Reserve Board recently released the latest in a series of
occasional reports on mortgage lending based on data
collected under the 1975...
Wed, Sep 20 2006, 7:00 AM
After a single "up" week, long term interest rates have
resumed the slow downward pattern that began the week ending July 20.
Freddie Mac's Prima...
Tue, Sep 19 2006, 7:00 AM
Two monthly housing market indicators have been
released so far this week, both relating broadly to home construction and
showing a continued slowin...
Fri, Sep 15 2006, 7:00 AM
The results are too subtle (and also presented in an incredibly
confusing format) to determine if rate shock is starting to take its toll
on American ...
Wed, Sep 13 2006, 7:00 AM
Mortgage rates reversed a six week downward trend,
increasing slightly during the week ended September 7 according to the
Weekly Primary Mortgage Mar...
Tue, Sep 12 2006, 7:00 AM
" A Cooling Trend " was the title given to Freddie Mac's
September 2006 Economic Outlook released recently. In keeping with the
seasonal theme, the re...
Mon, Sep 11 2006, 7:00 AM
Thu, Sep 7 2006, 7:00 AM
We have often said that the quarterly Office of Housing Enterprise
Oversight (OFHEO) Home Price Index (HPI) report is one of the most
interesting of t...