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Consumer News and Advice Archive


The Art (and Business) of Finding More Time: 10 Ways to Organize Your Time and Resources for Maximum ROI

RISMEDIA, May 13, 2010—Time is money. We've all heard it before, but these days, it bears repeating. Yes, it's always been important for workers to make sure that they're doing the right things and staying on task. But in shaky ...


More Americans Looking for Apartments in First Quarter 2010

RISMEDIA, May 13, 2010—More Americans are conducting apartment searches in the first quarter of 2010 versus previous years, according to a recently report by Apartments.com. While the rental industry continues to face challenging times, Apartments.com has experienced what they say is unprecedented growth in website traffic and renter leads to ...


Florida’s Existing Home, Condo Sales Rise in March 2010

RISMEDIA, May 13, 2010— Florida's existing home sales rose in March, which means that sales activity has increased in the year-to-year comparison for 19 months, according to the latest housing data released by Florida Realtors®. ...


Home Values Continue Nationwide Decline in First Quarter amid Encouraging Signs in California

RISMEDIA, May 11, 2010—Home values in most U.S. markets continued to decline in the first quarter of 2010, as the Zillow Home Value Index fell 3.8 percent year-over-year, and 1 percent quarter-over-quarter, to $183,700. However, home values in several large California markets show signs of having reached a bottom, according ...


The Thousand Trillion Dollar Question

RISMEDIA, May 11, 2010—Oh, it’s big alright. It is simply the greatest mystery of our time. ...


Regional Spotlight: April Home Sales Increased in Mid-Atlantic Region, Report Indicates

RISMEDIA, May 11, 2010—Metropolitan Regional Information Systems, Inc. (MRIS), a leading provider of real estate information technology and the largest multiple listing service in the nation, announced that the number of homes sold in the Mid-Atlantic region increased 25 percent* more during the month of April than during the same ...


Fannie Mae Announces New Initiative to Help Struggling Homeowners in Orlando

RISMEDIA, May 10, 2010—Fannie Mae recently announced a new partnership that will accelerate response time and provide financial counseling to distressed Florida homeowners whose mortgages are owned by Fannie Mae and serviced by SunTrust. ...


Regional Spotlight: Connecticut Home, Condo Sales Surge More Than 30 Percent in March 2010

RISMEDIA, May 7, 2010—The median price for a single-family home in Connecticut increased 8.1% in March 2010 compared to a year ago, while sales of single-family homes and condominiums surged by double-digit percentages, according to The Warren Group, publisher of The Commercial Record. ...


Fannie Mae Changes Criteria for Purchasing and Securitizing Adjustable-Rate Mortgages

RISMEDIA, May 7, 2010—Fannie Mae recently announced new standards for the purchase and securitization of adjustable-rate mortgage (ARM) products. The company is changing eligibility criteria to protect consumers from potentially dramatic payment increases and to help ensure that borrowers who hold these types of mortgages can sustain them beyond the ...


Multi-Day, Foreclosure-Prevention Events in 8 Markets to Help Struggling Homeowners

RISMEDIA, May 7, 2010—Building on its success in helping Florida homeowners, Chase announced that it will host multi-day Homeowner Assistance Events exclusively for struggling Chase homeowners in eight major U.S. markets this year. ...


Economists Think It’s Unlikely Federal Reserve Board Will Raise Interest Rates This Year, News Service Survey Reveals

RISMEDIA, May 6, 2010—If you’re a betting person, you'll like the odds on the Federal Reserve Board keeping interest rates near current levels until at least the final quarter of this year, maybe longer. ...


Home Trends: Design for a Healthy Start

RISMEDIA, May 6, 2010—Preparing for the arrival of a new baby takes a lot of planning. Creating a healthy and safe living space will help baby grow and thrive. Recommend some of these design ideas from Lowe’s. ...


The Smoking Gun at Goldman Sachs

RISMEDIA, May 4, 2010—Even though I knew it would be frustrating, I just had to watch last week’s Senate testimony by Goldman Sachs’ executives and former executives. ...


Despite Mortgage Meltdown, Today’s Borrowers Continue to Spend Twice as Much Time Researching a Car Purchase as Researching Their Home Loan

RISMEDIA, May 1, 2010—The impact of the widely publicized mortgage meltdown appears to have caused little change in borrower behavior during the past two years, according to a new Zillow Mortgage Marketplace survey of 2,729 adults conducted on its behalf in April by Harris Interactive. Borrowers report they are spending ...


Ending Tax Credit Triggers New-Home Sales Surge in March 2010

RISMEDIA, April 29, 2010—With many buyers rushing to take advantage of the federal home-buyer tax credit set to expire on April 30, sales of newly built single-family homes surged 26.9% in March to a seasonally adjusted annual rate of 411,000 units, the Commerce Department recently reported. Sales increases were posted ...


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