Mortgage Interest Rates Reported:30-year fixed-rate mortgage averaged 3.87 percent with an average 0.8 point for the week ending February 2, 2012, down from last week when it averaged 3.98 percent. Last year at

Continue reading... Mortgage Interest Rates Fall Again to Yet Another New Record Low

1. Mortgage interest rates fall to match all time low! This morning, Freddie Mac released the results of it’s Primary...
2. Mortgage Rates Finish 2011 Near Historic Lows Freddie Mac released the results of its Primary Mortgage Market...
3. 30-Year Fixed-Rate Mortgage Matches All-Time Record Low at 3.94 Percent This morning Freddie Mac released its Primary Mortgage Market Survey...

Continue reading... What are the hot spots in the U.S. attracting home buyers?

1. Top 12 cities home buyers are searching online Chicago tops the list of the cities home buyers are...
2. Ten cities that receive the most online home searches Realtor.com, which claims to have more traffic on it’s website...
3. Report shows homebuyers heading to the "burbs" According to a new report from Trulia, its Metro Movers...

Continue reading... Home prices in U.S. fall in November – Back to mid-2003 levels

1. Home Prices Fall In October;   back to mid-2003 levels Dennis Norman This morning, the S&P/Case-Shiller Index report for October...
2. Home prices rise slightly in July; 18 of 20 metros still down from a year ago Dennis Norman This morning, the S&P/Case-Shiller Index report for July...
3. Home prices increase in August; fifth consecutive month of increases Dennis Norman This morning, the S&P/Case-Shiller Index report for August...

Have you ever thought about the similarities between houses and the human body? For example as our bodies age, things are not quite as straight, square and firm as they once were in our younger years. At one time I had a 44 inch chest and now with age it seems that chest dimension is

Continue reading... Houses and the human body have a lot of similarities

1. What to do when moisture gets inside your home Where do you begin? Moisture can come from several sources....
2. Electric Panels need their space too It is not uncommon when performing an inspection, not...
3. Spring Showers-It is time to Improve the Odds to Limit Basement Seepage Basement seepage, in most cases relates to poor management of...

SACRAMENTO, Calif. — A real estate investor pleaded guilty today in U.S. District Court in Sacramento to conspiring to rig bids and commit mail fraud at public real estate foreclosure auctions held in San Joaquin County, Calif., Sharis A. Pozen, Acting Assistant Attorney General of the Department of

Continue reading... California Investor Pleads Guilty To Bid Rigging And Fraud At Public Real Estate Foreclosure Auctions

1. CALIFORNIA REAL ESTATE INVESTOR PLEADS GUILTY TO BID RIGGING AT PUBLIC FORECLOSURE AUCTIONS Eighth Guilty Plea in the Investigation to Date WASHINGTON —...
2. Real Estate Investor Pleads Guilty to Bid Rigging At Foreclosure Auctions SACRAMENTO, Calif. — A real estate investor pleaded guilty last...
3. Real Estate Investor Pleads Guilty to Bid-Rigging at Foreclosure Auctions A real estate investor pleaded guilty this week in...

Until recently, home ownership was no bargain compared to renting, according to Paul Diggle, a housing economist at Capital Economics.

Recent data from the U.S. Census Bureau and published statistics from Thomson Datastream indicate that rising rents and falling mortgages are tipping the scales towards home ownership. The median monthly mortgage payment has fallen to about

Continue reading... Mortgage Rate Update; Should you Rent or Buy a Home?

1. Mortgage Rate Update; The Benefits of ARM’s Even though over the past few years, ARM’s (adjustable rate...
2. Mortgage Rate Update; FHA good alternative for many home buyers In this tighter credit environment, FHA remains to be...
3. St. Louis Mortgage Rate Update; What income is required for a mortgage? What income is required to qualify for a mortgage?...

Continue reading... New homes sales fall in December and make 2011 worst year on record

1. New home sales drop again in July; 2011 new home sales continue on track to be worst year ever Today, the U.S. Department of Housing and Urban Development and...
2. New home sales drop in June; 2011 new home sales on track to be worst year ever Today, the U.S. Department of Housing and Urban Development and...
3. New home sales tick up in September but still on track to be worst year ever Today, the U.S. Department of Housing and Urban Development and...

RealtyTrac, today released its third-quarter 2011 U.S. Foreclosure Sales Report, which shows that sales of homes that were in some stage of foreclosure or bank owned accounted for 20 percent of all U.S. residential sales in the third quarter of 2011, down from 22 percent of all

Continue reading... One in five home sales is a foreclosure and only two-thirds the cost of a non-foreclosure home

1. Foreclosures account for 28 percent of all home sales in first quarter 2011; Selling at discount of 27 percent RealtyTrac released their foreclosure report this morning for the...
2. Three in Ten Home Sales in 2nd Quarter were Foreclosures This morning, RealtyTrac released their U.S. Foreclosure Sales Report...
3. Foreclosure homes account for 26 percent of all 2010 sales RealtyTrac released their foreclosure report for 2010 showing that...

Continue reading... Ten cities that receive the most online home searches

1. Top 12 cities home buyers are searching online Chicago tops the list of the cities home buyers are...
2. The best places to invest in rental property Las Vegas, Nevada is the best place in America to...
3. Home price index this morning at lowest level since May 2003 Radar Logic is a company that publishes a home price...

Louis Gendason, 42, of Delray Beach, Fla., was sentenced to 70 months in prison, five years of supervised release and ordered to

Continue reading... Florida Loan Officer Sentenced in Connection with $2.5 Million Reverse Mortgage Fraud and Loan Modification Scheme

1. Florida Loan Officer Sentenced in Connection with $2.5 Million Reverse Mortgage and Loan Modification Scheme WASHINGTON – A Florida loan officer was sentenced today...
2. Two Individuals Sentenced in Connection with $2.5 Million Reverse Mortgage and Loan Modification Scheme WASHINGTON – Two individuals – a loan officer and...
3. Two Loan Officers and One Title Agent Charged in $2.5 Million Reverse Mortgage and Loan Modification Scheme Plead Guilty in Miami MIAMI – Louis Gendason of Delray Beach, Fla.; Kimberly Mackey of Pittsburgh; and John...