Mortgage Rates Archive
RISMEDIA, February 17, 2011—As part of ongoing efforts to strengthen the Federal Housing Administration’s (FHA) capital reserves, FHA Commissioner David H. Stevens announced a new premium structure for FHA-insured mortgage loans increasing its annual mortgage insurance
RISMEDIA, February 17, 2011—Despite the bone-chilling winter weather, Houston's housing market heated up in January 2011, recording the first increase in property sales since June 2010. Pricing also heated up in the first month of the New Year, with the average price of single-family
RISMEDIA, February 16, 2011—The National Association of REALTORS® welcomes the Obama Administration’s call for an orderly transition from the current form of the secondary mortgage market to a new structure that would enable Americans to achieve affordable, sustainable mortgages.
RISMEDIA, February 11, 2011—My December article, “Shortening the Short Sale,” generated quite a few questions from readers who were looking for answers to more specific questions related to short sales. In response, I thought it would be helpful to provide some additional details
RISMEDIA, February 9, 2011—(MCT)—What role should government play in housing finance? A struggle over that $5 trillion dollar question, which divides Democrats from Republicans, will begin Wednesday when a subcommittee of the GOP-controlled House of Representatives
RISMEDIA, February 8, 2011—
Every great endeavor begins with a clear vision of what you want to accomplish. Great investors approach real estate acquisitions the same way. Set a powerful long term objective, and find a property that meets that objective. Then let the forces of leveraged appreciation, cash flow, amortization and time do their thing.
RISMEDIA, February 8, 2011—Fannie Mae, a leading source of multifamily mortgage financing for workforce rental housing announced that in 2010, the company, in conjunction with its lender and housing partners, provided $16.9 billion in debt financing for the rental housing market,
RISMEDIA, February 7, 2011—The National Association of REALTORS® applauds the Federal Housing Finance Agency for moving ahead with a proposed rule to restrict government-sponsored enterprises Fannie Mae and Freddie Mac and the 12 Federal Home Loan Banks from investing
RISMEDIA, February 5, 2011—(MCT)—Mortgage loan servicers negotiated 1.76 million permanent loan modifications for homeowners last year, but more than two-thirds of them were completed in-house and not as part of the federal government’s Home Affordable Modification Program.
RISMEDIA, February 4, 2011—(MCT)—Reverse mortgages allow seniors to use their home equity while staying in their homes, but have been criticized for their high upfront fees, among other things.
A new loan has hit the market, however, offering sharply lower start-up costs in exchange for a tighter limit on the amount that can be borrowed.
"It opens up new options for people to think about in terms of how they tap their equity as a retirement resource," said Barbara Stucki, vice president of home equity initiatives at the National Council on Aging.
RISMEDIA, January 27, 2011—This unprecedented housing crisis has a flip side—the investment opportunity of a generation. One in four real estate transactions in 2011 will be purchases by investors. Learn how to capture this opportunity: The gold rush is on. ...
RISMEDIA, January 24, 2011—Sales of existing homes and condominiums in Florida rose in December 2010, a positive trend also reported at the close of 2010 as statewide sales activity posted gains over the previous year, according to the latest housing data released by Florida REALTORS®.
RISMEDIA, January 21, 2011—December 2010 saw home sales in the metropolitan Chicago real estate market record their best result since June when compared to prior year sales activity, according to an analysis by the RE/MAX Northern Illinois real estate network.
RISMEDIA, January 20, 2011—(MCT)—The regulator for government-controlled mortgage refinance giants Fannie Mae and Freddie Mac said recently it was looking at different compensation models for mortgage servicers that would help make it easier to modify mortgages for troubled borrowers.
RISMEDIA, January 19, 2011—The Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to work on a joint initiative, in coordination with FHFA and the Department of Housing and Urban Development (HUD), to consider