Mortgage Rates Archive


4 Reasons Why Vacation Property Owners Should Put Their Rental Fears to Rest

RISMEDIA, September 23, 2010—Many vacation property owners would like to rent their home out when they're not using it themselves. Problem is, they let their worry about the "what-ifs" override the benefits of collecting all that glorious rental income.


5 Reasons Why Now is a Good Time to Invest in the Housing Market

RISMEDIA, September 21, 2010—(CBS MoneyWatch)—Foreclosures spiked in August 2010, with banks seizing 95,364 homes, according to RealtyTrac, a housing research firm. They were up 25% from August 2009 and at their highest level since the company started tracking this data in 2005.This is frightening news for homeowners, home sellers, and home builders who may feel like they are barely hanging on, because it signifies continuing weakness in the housing market.


A Changing Landscape – Crucial Factors to Keep in Mind before You Decide to Refinance

RISMEDIA, September 18, 2010—(MCT)—The lowest mortgage interest rates in decades have sent thousands of homeowners eager to refinance their home loans scurrying into lenders' offices. Many leave empty-handed and upset. A multipronged whammy of lower home values, new appraisal guidelines and tighter lending requirements frequently derail consumers from snaring loans at lower interest rates. Lenders say they are closing 60-70% of refinancings.


Regional Spotlight: Good News for California’s Economy – Luxury Homebuilder Returns to San Diego Market

RISMEDIA, September 16, 2010—There’s a new sign that bodes well for the local economy and the California housing market. Toll Brothers, one of the nation’s leading luxury home builders has returned to the San Diego market. Brand new communities,


Obama Administration Awards Additional $1 Billion to Stabilize Neighborhoods Hard-Hit by Foreclosure

RISMEDIA, September 13, 2010—U.S. Housing and Urban Development Secretary Shaun Donovan awarded an additional $1 billion in funding to all states along with a number of counties and local communities struggling to reverse the effects of the foreclosure crisis. The grants announced today


EcoVida Development Group Paves Way for Green Movement

RISMEDIA, September 11, 2010—Dane Jackman of Jackman Construction Inc. is planning to create a North Miami Beach home (EcoVida Smart Home) that will showcase the evolution of housing in South Florida, a “Smart House” that will help educate


Growing Number of Homeowners Becoming Landlords

RISMEDIA, September 10, 2010—(MCT)—A growing number of homeowners are finding out what it means to be a landlord after failing to sell their homes in today’s economy. With home prices down nationwide, many don't want to take a huge loss


HUD Offers $110 Million in Grants to Clean Up Lead Hazards

RISMEDIA, September 9, 2010—The U.S. Department of Housing and Urban Development announced that it is making approximately $110 million in grants available to help eliminate dangerous lead-based paint from lower income homes and to protect young children from lead poisoning. The grants to states and local governments are being offered through HUD’s Lead-Based Paint Hazard Control and Lead Hazard Reduction Demonstration Programs.


It’s a Manager’s Market, Not a Buyer’s or Seller’s Market – Tips to Lead Your Company to Success

RISMEDIA, September 8, 2010—Sellers will sell when they’re tired of staying. Buyers will buy when they’re ready. So the only thing left to control is your agents…and it’s up to you, the manager, to change the actions of your sales people now.


Growing Number of Homeowners Becoming Landlords

RISMEDIA, September 10, 2010—(MCT)—A growing number of homeowners are finding out what it means to be a landlord after failing to sell their homes in today’s economy. With home prices down nationwide, many don't want to take a huge loss


Online Marketing Strategies: Lights, Camera…Now What Do I Talk About?

RISMEDIA, September 7, 2010—When it comes to online marketing, video is the undisputed leader for efficiency and effectiveness. But, technology is only half the formula. The other half is content. And therein lies the problem for many agents and brokers.


It’s a Manager’s Market, Not a Buyer’s or Seller’s Market – Tips to Lead Your Company to Success

RISMEDIA, September 8, 2010—Sellers will sell when they’re tired of staying. Buyers will buy when they’re ready. So the only thing left to control is your agents…and it’s up to you, the manager, to change the actions of your sales people now.


Simple Tips to Update Your Home and Create a Relaxing Sanctuary

RISMEDIA, September 3, 2010—(MCT)—Some rooms scream "Help!" Others say nothing, and that's a problem, too. Take the typical bedroom. Michael Payne has seen thousands. "The bedroom tends to get forgotten—you spend all your money elsewhere in the house,"


What Seniors Should Know before Modifying Mortgage

RISMEDIA, August 30, 2010—(MCT)—Maria Olmo doesn't like her chances of paying off her new, 40-year mortgage. "I'll die before it's paid off," said Olmo, who got her 30-year mortgage modified because she was at risk of losing her home to foreclosure. "This is the most ridiculous thing I've heard in years. They didn't take my age or my income into consideration." Since last year, companies servicing delinquent mortgages have been under orders from the federal government to modify the loans rather than foreclose on them.


U.S. Broker and Agent Confidence Survey Released

RISMEDIA, August 27, 2010—Real estate professionals surveyed for Point2 Technologies’ monthly national Real Estate Confidence Index (“RECI”) continued to exhibit concern over the future of the market, in August, and sent the Index below the median of 5.0