National Real Estate Blog

For the Fifth Week In A Row - Mortgage Rates Hit A New All Time Low

Sun, 29 Aug 2010 19:00:59 +0000

The 30 year rate fell from 4.42 to 4.36 this week. This is the 6th week in a row where rates have fallen. But more importantly this is the 5th week where we have hit a new all time low. In that time the 30 year rate has dropped from 4.57 to [...]

For the Fifth Week In A Row - Mortgage Rates Hit A New All Time Low is a post from: National Real Estate Blog

Affordable Federal Home Improvement Programs

Sun, 29 Aug 2010 18:59:29 +0000

Sometimes federal programs get a bum rap, because there is so much bureaucracy tied up in it. The cost to run the program and time consumed in applying for it can exceed the benefits. There are two federal programs, though, that deserve a closer look if your home is in need of repair, [...]

Affordable Federal Home Improvement Programs is a post from: National Real Estate Blog

The Fed’s Role in Crisis and Recovery

Wed, 18 Aug 2010 04:35:21 +0000

Despite its apolitical mandate, the Federal Reserve remains one of the most politically sensitive institutions in the world, as evidenced by Fed Chairman Ben Bernanke’s opinion column on November 29th. In the piece, Bernanke criticized proposed legislation before the Senate that would seek to curtail powers given to the Fed over its near-century of existence. [...]

The Fed’s Role in Crisis and Recovery is a post from: National Real Estate Blog

Mortgage Rates Hit A New All Time Low (For the Fourth Time This Month)

Wed, 18 Aug 2010 04:34:23 +0000

The 30 year rate fell from 4.49 to 4.44 this week. This is the 4th week in a row where rates have fallen. What’s interesting is not only is 4.44 an all time low. But we have been hitting new all time lows for the last 4 weeks in a row. [...]

Mortgage Rates Hit A New All Time Low (For the Fourth Time This Month) is a post from: National Real Estate Blog

Mortgage Rates Hit An All Time Low: Again

Sun, 01 Aug 2010 18:50:01 +0000

In what has become an almost weekly occurrence mortgage rates hit new all time lows. The 30 year rate fell from 4.56 to 4.54 this week. Rates have either reached new lows or matched old lows for 5 consecutive weeks. The 15 year also reached an all time low dropping from 4.03 [...]

Mortgage Rates Hit An All Time Low: Again is a post from: National Real Estate Blog

Future of the Housing Market

Sun, 01 Aug 2010 18:48:15 +0000

Home prices increased from April to May of this year by 1.3 percent, according to the Standard & Poor’s/Case-Shiller 20-city home price index. The credit for this largely goes to the government’s home buyer tax credit, which expired at the end of April. The general thought out there seems to be that the housing market [...]

Future of the Housing Market is a post from: National Real Estate Blog

Find a Good Deal on an East Coast Vacation Home

Sun, 01 Aug 2010 18:46:54 +0000

Whether you’re looking for a condominium, multi-family unit or a single-family home, you’ll find an abundance available in the housing market in almost every major city in the U.S. Florida’s slumping home market has targeted this state for some sweet deals on real estate. You’ll even find beach front property at astounding prices. Check out Cutler [...]

Find a Good Deal on an East Coast Vacation Home is a post from: National Real Estate Blog

Interested in a Condominium? Get a FHA-Insured Loan

Mon, 05 Jul 2010 05:59:01 +0000

Mortgage Insurance for Condominium Units (Section 234(c)) program assists potential homeowners in purchasing a home in a condominium development. The prospective condominium must be the potential homeowner’s primary residence. The intent of this federal program managed under the U.S. Department of Housing and Urban Development (HUD) is to insure the loan of a borrower who [...]

Interested in a Condominium? Get a FHA-Insured Loan is a post from: National Real Estate Blog

After Hitting Record Lows Mortgage Rates Fall Again

Mon, 05 Jul 2010 05:57:46 +0000

The 30 year rate dropped this week from 4.69 to 4.58. This is quite a large drop for a week. What makes it even more interesting is that 4.69 from last week was already an all time historic low. We are moving into territory for mortgage rates I would have never thought [...]

After Hitting Record Lows Mortgage Rates Fall Again is a post from: National Real Estate Blog

Advantages and Disadvantages of Reverse Mortgages

Sun, 27 Jun 2010 02:57:26 +0000

Reverse mortgages are a relatively recent product on the lending scene. The approval process is somewhat abbreviated compared to a traditional home loan, but there are some conditions and requirements that make a reverse mortgage unique to other home loans. What Is a Reverse Mortgage? It is a home loan that enables the homeowner access to the [...]

Advantages and Disadvantages of Reverse Mortgages is a post from: National Real Estate Blog