Searching
Today’s Marketplace Archive
RISMEDIA, April 28, 2009-In testimony before Congress last week, the Appraisal Institute told lawmakers that mortgage reform legislation is needed and called for a "back to basics" approach to mortgage lending. President Jim Amorin, MAI, SRA voiced support for the recently introduced H.R. 1728, the Mortgage Reform and Anti-Predatory Lending ...
RISMEDIA, April 27, 2009-To help Americans continue to achieve their dreams of homeownership, there must be a balance between safeguarding consumers in the lending process and ensuring reasonable access to mortgage capital. That is the message that the National Association of Realtors® (NAR) delivered to Congress last week, reiterating its ...
RISMEDIA, May 2, 2009-There's no question that America is in a tight spot. Every day seems to bring a new wave of recession-related bad news. But stop panicking for a second, tune out the negative chatter, and listen closely. The recent financial and housing crises have actually led to some ...
RISMEDIA, April 27, 2009-With record numbers of homeowners facing foreclosure, more and more mortgage lenders are using loan modifications as a method to keep consumers in their homes. At the same time, credit service organizations are expanding their focus from credit repair services that help consumers obtain financing to services ...
RISMEDIA, April 27, 2009-Florida's existing home sales increased in March, making it the seventh month in a row that sales activity demonstrated gains in the year-to-year comparison, according to the latest housing data released by the Florida Association of Realtors® (FAR). March's statewide sales also increased over the previous month's ...
RISMEDIA, April 25, 2009-This year, the federal government extended and expanded home energy efficiency tax credits through 2010 as part of the broader economic recovery package, and millions of U.S. homeowners appear poised to pursue them, according to a survey released by Johns Manville. More than two-thirds of survey respondents, or 68%, said they were aware of the newly created federal energy efficiency tax credits. Of those homeowners
RISMEDIA, April 25, 2009-(MCT)-Sixteen months into this recession, the total number of jobs lost is nearly twice what it was during the last big recession from 1981 to 1982, and experts predict the American economy has not yet hit bottom. As more workers get laid off each month, adding to ...
RISMEDIA, April 24, 2009-This week's headlines from the NATIONAL ASSOCIATION OF REALTORS include: Houston Named Ambassador City for increasing affordable housing, revitalizing the community; technology tools and
RISMEDIA, April 24, 2009-Existing-home sales eased in March 2009 but first-time buyers are responding to low mortgage interest rates and tax credits, according to
RISMEDIA, April 24, 2009-U.S. home prices rose 0.7% on a seasonally adjusted basis from January 2009 to February 2009, according to the Federal Housing Finance Agency's monthly House Price Index. January's previously reported 1.7% increase was revised to a 1.0% increase. For the 12 months ending in February, U.S. prices ...
RISMEDIA, April 24, 2009-Trulia, Inc., has announced the ability for users to search for listings that have undergone price cuts since first coming on the market. Trulia's research has found that 27% of homes currently on the market across the United States have experienced at least one price cut. Across ...
RISMEDIA, April 23, 2009-This isn't the first time the country's faced economic uncertainty, but this is a once-in-a-generation confluence of events that have led to a severe market downturn and a ferocious contraction of the global economy. An economic crisis of this magnitude occurring at a time when a record ...
RISMEDIA, April 23, 2009-(MCT)-The Obama administration has enough money left for its economic initiatives with $110 billion remaining in the federal financial rescue fund and $25 billion more coming this year as some banks return bailout money, Treasury Secretary Timothy F. Geithner said. ...
RISMEDIA, April 22, 2009- RealtyTrac®, one of the leading online marketplaces for foreclosure properties, released its Metropolitan Foreclosure Market Report for Q1 2009, which shows cities in California, Florida, Nevada and Arizona accounted for the 26 highest foreclosure rates in the first quarter among metro areas with a population of ...
RISMEDIA, April 22, 2009-The weekly average rate borrowers were quoted on
Zillow Mortgage Marketplace for thirty-year mortgages fell during the past week. Last week's rate was 5.06%, down from 5.10% the week prior, according to the Zillow Mortgage Rate Monitor, compiled by real estate website Zillow.com®. Meanwhile, rates ...
