Real Estate News
U.S. to ease capital limits on Fannie, Freddie Mortgage giants get more funds to help home owners to refinance The Associated Press updated 9:07 a.m. PT, Wed., March. 19, 2008 WASHINGTON – The government on Wednesday relaxed capital requirements at Fannie Mae and Freddie Mac as part of a plan to quickly inject an additional [...]
Filed under: Lending Info on March 19th, 2008 | Comments Off
Not Just for Tree Huggers Despite the free fall in housing prices nationwide, green homes are still red hot. Rob Moody didn’t set out to be a builder. After graduating from college with a biology major, he began work as an environmental-science teacher in Asheville, N.C. On weekends, though, he spent long hours fixing up [...]
Filed under: Uncategorized on March 11th, 2008 | Comments Off
FHA Raises Mortgage Limits In High-Cost California Counties The Federal Housing Administration raised the mortgage limits to a maximum of $729,750 for 14 high-cost counties in California, as the government began providing aid to homeowners required by the recently enacted economic-stimulus package. The upper mortgage limits also will apply to loans purchased or guaranteed by [...]
Filed under: Lending Info on March 11th, 2008 | Comments Off
Reviving the Real Estate Market Why lower home prices are the only true solution to the housing collapse. Robert J. Samuelson Newsweek Web Exclusive Updated: 12:00 PM ET Mar 5, 2008 “Decline in Home Prices Accelerates” —Page One headline, the Wall Street Journal, Feb. 27 Gloom. Doom. Calamity. Home prices are tumbling. We’re bombarded by somber reports. [...]
Filed under: Uncategorized on March 6th, 2008 | Comments Off
HOUSING SCENE Is this the time to buy or stay safely on the sidelines? By Lew Sichelman United Feature Syndicate February 24, 2008 WASHINGTON — With humble apologies to Shakespeare, the question in today’s housing market is “To buy or not to buy?” Right now, there are several compelling reasons for anyone who needs a [...]
Filed under: La Times on March 1st, 2008 | Comments Off
Reverse mortgages provide more seniors with a safety net Amid the loan market crisis, more seniors are turning to reverse mortgages. By Patrick S. Duffy Special to The Times February 24, 2008 IMAGINE a scenario in which, instead of struggling to come up with the money for a mortgage payment that’s resetting to a higher [...]
Filed under: La Times on March 1st, 2008 | Comments Off
