Author: Aly Chiman

Posted by in , with February 28, 2011 U.S. home prices fell 4.3% on a year-over-year basis in the fourth quarter as foreclosures and slowing sales buoyed inventory levels, Freddie Mac said Monday in its Conventional Mortgage Home Price Index. “Foreclosed-property and short sales remain a big part of the market. However, new foreclosures will begin to gradually slow,” said Frank Nothaft, Freddie Mac’s chief economist. “Delinquency rates reported by the Mortgage Bankers Association continue…

Posted by in , with MCLEAN, Va., May 26, 2011 /PRNewswire/ — Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which shows slower economic activity pushing fixed-rate mortgages slightly lower for the sixth consecutive week. The 30-year averaged 4.60 percent; the 15-year averaged 3.78 percent, marking new lows for 2011. News Facts SOURCE: Freddie Mac Category: , to . Weather Forecast: Sun Valley, Idaho Select Category Advertising Areas…

As the price of homes are rising and it is getting harder for hopeful first time home buyers to purchase homes, rental opportunities are increasing. If you are a real estate investor, one of the hottest places in the market today is in rental properties. At the current time it is easier for a person to rent a home, than to buy their first home, being the housing market has halted. It is forecasted that…

By Having trouble paying your mortgage? What if you got an ad in the mail asking you to join in a lawsuit against your lender? The ad looks like a government form and claims you can get large principal reductions or other monetary relief by joining the suit. Bad news: Idaho State Attorney General Lawrence Wasden is warning consumers that . “The scam is a pretext to collect an unlawful $5,000 upfront fee from homeowners,”…

All Posts TaggedTag: ‘Finance’ Posted by in , , , , with People buying homes in the country’s most expensive housing markets likely will face pricier mortgages starting in the fall.That’s when the current conforming mortgage limits are scheduled to expire, with limits for the most expensive markets falling to $625,500 from $729,750 in the contiguous U.S. On Friday, however, two lawmakers introduced a bill in the … Posted by in , , , ,…