Real Estate Investor News 63341
- Home Purchase Mortgage Applications Increase; still 40 percent below a year ago
Dennis Norman
According to the Mortgage Bankers Association (MBA) weekly mortgage applications survey for the week ending September 3, 2010, the MBA Purchase Index (a measure of the volume of loan
- The Five Best Places to Find Foreclosure Bargains
Dennis Norman
When I first entered the real estate business in 1979, at the age of 18 which seems so long ago) foreclosures were a mystery to most people and certainly no one looking for a home to liv
- New Rule Proposed to Protect Seniors Obtaining Reverse Mortgages
Dennis Norman
Reverse mortgages have become increasingly popular over the past few years with seniors that find themselves with a large amount of equity in their home, but short on cash, or struggling
- 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