Category Archives: general

NAR: FHA Key to Housing Market and Recovery

The Federal Housing Administration mortgage insurance program is a critical part of the American housing fabric and has never been more important than it is in today’s market, NAR President Vicki Cox Golder told a congressional panel this week. Testifying … Continue reading

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Cities With the Most Overpriced Properties

Despite having no luck selling their properties, home owners in some parts of the country have clung tenaciously to their notions of the value of their homes. Forbes magazine ranked markets it considered the most overpriced based on the ratio … Continue reading

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Banks Start to Embrace Short Sales

Even before the government put pressure on them to embrace short sales, more banks were starting to take their lumps, do the short-sale deals and move on. Three years into the housing meltdown, short sales have tripled to 40,000 in … Continue reading

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30-Year Rates Hit Record Low

The average interest rate for 30-year mortgages has fallen to the lowest level since Freddie Mac began compiling its weekly survey in 1971, declining to 4.71 percent this week from 4.78 percent a week ago. Rates also were more attractive … Continue reading

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Predictions on Future Mortgage Rates

What will happen to mortgage rates if the Federal Reserve stops buying mortgage-backed securities next March? If and when that program ends, mortgage rates will rise, but most financial observers say it is very likely they won’t skyrocket. Keith Gumbinger, … Continue reading

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Real Estate Live

Post Real Estate columnist Elizabeth Razzi discussed the local housing market — from condos and investment properties to contracts and mortgages on Friday, December 4, at 1 p.m. ET. Razzi is the author of two consumer-advice books, “The Fearless Home … Continue reading

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Real Estate Considerations When Buying a Business

Location can be a primary consideration when purchasing a business. Unless you are planning to operate a business from your home or your own office, you will need to review the location of the business, analyze the current lease, or … Continue reading

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