By Christine Hardenberger Crippled by the credit crunch and falling property values, millions of homeowners are facing the possibility of foreclosure. The delinquency rate is the highest it has been since at least 1985 when the Mortgage Bankers Association started monitoring the market place. Its a dreadful situation for many people, who have no idea… Continue reading What to do When Facing Foreclosure
Category: Mortgage
The 12 Best Mortgage Companies To Help You Realize Your Home Goals
If you are considering purchasing a home, whether for the first time or the fourth time, you have likely been a bit overwhelmed by the number of mortgage companies out there. It is important to survey the best mortgage companies to find the one best suited to your needs and your geographic location. Below we… Continue reading The 12 Best Mortgage Companies To Help You Realize Your Home Goals
Land Market is Tumbling
By Mike Colpitts Real estate is proving to be a brutal investment for many speculators, who have purchased land as prices come tumbling down as much as two-thirds from the markets peak. A major U.S. land crisis has resulted from the nearly frozen market, which has the potential to cost billions of dollars in losses… Continue reading Land Market is Tumbling
Find Out How Much House Can I Afford With my Salary
Now that winter is almost over thousands of people will begin actively searching for a home. If you’re one of these people the first thing you want to ask yourself is, How much house can I afford with my salary This is important so that you don’t set your expectations too high and find the right… Continue reading Find Out How Much House Can I Afford With my Salary
National Real Estate Recession Hits
Troubled by the mortgage melt down and falling home prices, the U.S. housing market has fallen into a national real estate recession, according to the latest analysis by Housing Predictor. The over-whelming majority of local real estate markets are either in housing recessions or battling to keep their economies strong enough to keep from declining.… Continue reading National Real Estate Recession Hits
Mortgage Rates
Editors Note: Don’t be fooled by teaser mortgage rates. Find the lowest rates available for your home town by clicking on Green Box.
Next Real Estate Boom Not Till 2020
A boom in the majority of the nation’s real estate markets won’t develop again until at least sometime after 2020, according to the consensus of opinion of Housing Predictor analysts. The credit crunch, which was started by a fuselage of new creative financing products, including aggressive adjustable rate subprime mortgages and specially designed loans for… Continue reading Next Real Estate Boom Not Till 2020
Mortgage Rates Dip on Lower Treasuries
By Mike Colpitts Lower rates paid to investors for U.S. Treasury bonds drove mortgage rates and home loan applications lower for the week, according to the Mortgage Bankers Association. The rate on a fixed 30-year mortgage fell to as low as 3.69% among Housing Predictor affiliated lenders. Rates on the 15-year fixed rate loan also… Continue reading Mortgage Rates Dip on Lower Treasuries
Metropolitan Real Estate Forecasts
The top 25 largest metropolitan real estate market forecasts in the U.S are listed from the largest cities based on population density and the number of homes to the smallest. The forecasts that compile this list are taken from the 230 cities annually forecast by Housing Predictor analysts after collecting data on more than 20… Continue reading Metropolitan Real Estate Forecasts
Home Mortgages and Refinancing
Mortgage rates have been on their way down after the Fed cut the prime rate to near historic lows in an effort to help stabilize the economy. More than 5-million homeowners are facing re-adjustments in their adjustable rate mortgages nationally in 2009 and 2010, and the drop in home borrowing rates will provide the difference… Continue reading Home Mortgages and Refinancing