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Author Archives: chrishena
Housing Crisis to End in 2012 as Banks Loosen Credit Standards by Krista Franks Brock
Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit. The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this … Continue reading
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Relying On An Agent by Carla Hill
The latest NAR Profile of Home Buyers and Sellers showed a growing trend among recent buyers. The latest figures show that 89 percent of buyers purchased their home with the help of a real estate agent or broker. This is … Continue reading
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Buyers: Making the Right Choice
There are so many different homes to choose from during the buying process. How can you be sure to make the right choice? From condos, downtown neighborhoods, suburbs, and country homes, there’s a perfect fit for every buyer. To make … Continue reading
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Real Estate Outlook: Positive Buyer Sentiment by Carla Hill
The latest study from the Mortgage Bankers Association (MBA), entitled, “The Great Recession and Attitudes Toward Homebuying,” revealed some key findings about today’s buyers. The study found that almost 80 percent of homebuyers still think that now is a good … Continue reading
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U.S. Won’t be Nation of Renters by Carla Hill
According to the National Association of Realtors®, (NAR) the U.S. will not become a nation of renters. Currently, over 65 percent of Americans are homeowners, a rate that has held since the 1960′s. It’s no wonder why most Americans seek … Continue reading
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Mortgage Rates Head Lower Making Another Record by Ed Ferrara
As the financial crisis hit a high in Europe last week, here in the U.S. mortgage rates headed lower making another all time record. The potential of a Greek default held everyone’s attention even as some positive data was being … Continue reading
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Mortgage Applications Increase as Low Mortgage Rates Remain Steady by Ed Ferrara
As markets changed directions this past week with stocks moving higher, pressure was put on mortgage rates as MBS prices suffered. In the end, Freerateupdate.com’s survey of wholesale and direct lenders show that mortgage rates remained the same regardless of … Continue reading
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Builder Confidence Rises by Carla Hill
Builder confidence is up for the month of October thanks to renewed buyer interest in select markets. This is the largest one-month gain since April 2010 when renewed confidence from the home buyer tax credit was in full swing. “This … Continue reading
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Persevere, Don’t Abandon Your Dreams by PJ Wade
Are you letting global uncertainty extinguish your real estate dreams without full consideration because money is an issue? Sometimes balancing livable compromises against researched options can help you achieve more than you may have believed possible. Your future should not … Continue reading
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Mixed News Keeps Mortgage Rates Stable by Ed Ferrara
For the past week, mixed economic news that continues to lead the headlines has helped to keep low mortgage rates stable. Financial troubles in Europe has left investors busy each day waiting to see if Greece will default or a … Continue reading
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