Finance and Economy Archive


HWA Speaks with Tax Expert about Key Details of the Mortgage Forgiveness Debt Relief Act Affecting Homeowners

Wednesday, November 19th, 2008
RISMEDIA, Nov. 20, 2008-No matter what the circumstances, from job loss or illness to changing market conditions, there's a lot of stress a homeowner goes through in a foreclosure or a short sale of their home. ...
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Mortgage Applications Increase in Latest MBA Weekly Survey

Thursday, November 13th, 2008
RISMEDIA, Nov. 14, 2008-The Mortgage Bankers Association (MBA) released its Weekly Mortgage Applications Survey for the week ending November 7, 2008. The Market Composite Index, a measure of mortgage loan application volume, was 425.0, an increase of 11.9% on a seasonally adjusted basis from 379.9 one week earlier. On an ...
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One-Third of Americans Who Sold Their Home in the Past Year Lost Money; Trend Expected to Continue

Wednesday, November 12th, 2008
RISMEDIA, Nov. 13, 2008-Home values in the United States posted their seventh consecutive quarterly decline, falling 9.7% year-over-year to a Zillow Home Value Index of $202,966, according to the third quarter Zillow Real Estate Market Reports, which encompass 163 metropolitan areas. ...
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HUD Issues New Mortgage Rules to Help Consumers Shop for Lower Cost Home Loans

Wednesday, November 12th, 2008
RISMEDIA, Nov. 13, 2008-For the first time in more than 30 years, the U.S. Department of Housing and Urban Development issued long-anticipated mortgage reforms that will help consumers to shop for the lowest cost mortgage and avoid costly and potentially harmful loan offers. HUD will require, for the first time ...
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HUD Announces New, Permanent FHA Mortgage Loan Limits

Tuesday, November 11th, 2008
RISMEDIA, Nov. 12, 2008-U.S. Department of Housing and Urban Development Secretary Steve Preston announced the new Federal Housing Administration (FHA) mortgage loan limits for single-family homes as prescribed by the Housing and Economic Recovery Act of 2008. ...
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RealtyBid.com Reports Good News in the Housing Market

Sunday, November 9th, 2008
Leader in online home auctions received 6,000+ bids during one six-hour period on its way to largest sales month ever ...
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Working with Foreign Buyers

Thursday, November 6th, 2008
Industry Advisor by Alfonso Gordon ...
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Realogy Reports Results for Third Quarter 2008

Thursday, November 6th, 2008
RISMEDIA, Nov. 7, 2008-Realogy Corporation, a global provider of real estate and relocation services, today reported results for the third quarter of 2008. Specifically, the company had third quarter 2008 net revenue of $1.3 billion, earnings before interest, income taxes, depreciation and amortization (EBITDA) of $129 million, and a net ...
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Mortgage Rates on Rollercoaster Ride; Rise Again after Coming Down in Late October

Tuesday, November 4th, 2008
RISMEDIA, Nov. 5, 2008-Mortgage rates rose last week, with rates for 30-year fixed mortgages increasing to 6.26%, up from 6.00% the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate website Zillow.com(R). Rates for 15-year fixed mortgages rose to 6.01%, up from 5.64% and 5-1 ...
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For Buyers, Mortgages Harder to Get as Banks Require More

Tuesday, November 4th, 2008
By Michelle Koetters ...
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