In a previous REAL ESTATE CHANNEL article , I discussed the madness of borrowing through home equity lines of credit (HELOC) during the bubble years. Now is a good time to take an in-depth look at these second liens and the dangers they pose for the housing market and the ...
Most Recent Articles:
Written by on September 7th, 2010
Written by on September 6th, 2010
Wairarapa realtor Prue Hamill pictured at the Masterton property her company is auctioning today that is the latest in a slew of mortgagee sales in the region since July. Photo by Nathan Crombie.
Read more from the original source:
Home-owners to squatters
Written by on September 6th, 2010
RISMEDIA, September 7, 2010—The housing market is showing signs of life. Historically low interest rates and greater home affordability in many areas are beginning to attract prospective home buyers to the market
Originally posted here:
Company Profile: Bank of America Home Loans Works with Real Estate Professionals to Offer Buyers a Better ...
Written by on September 6th, 2010
RISMEDIA, September 7, 2010—The Federal Housing Administration (FHA) announced that it intends to make modifications to its Home Equity Conversion Mortgage (HECM) product, a reverse mortgage loan insured by the federal government, to make it more attractive and cost effective…
Continued here:
HUD Shares Plans for New Reverse Mortgage Option
Written by on September 6th, 2010
Quebec provincial police are investigating after the bodies of two brothers were found in a home in Saint-Jude, in Quebec's Montérégie area on Sunday.
View original post here:
Two bodies found in Que. home
Written by on September 6th, 2010
Active funds that deviate only slightly from the index may not be worth it.
See the article here:
Go Active or Go Home
Written by on September 6th, 2010
The following is a list of companies whose shares may have unusual price changes in Germany tomorrow. Stock symbols are in parentheses and share prices are from the previous close.
More:
Bauer, Loewe, Lufthansa, RWE, Siemens May Be Active: German Equity Preview
Written by on September 5th, 2010
Their pensions have been frozen.
See original here:
Americans in their 50s especially hard-hit by recession
Written by on September 5th, 2010
If you owe more on your mortgage than your home is worth, that's considered an upside-down mortgage. In the Springfield area, 8.1 percent of mortgaged homes are upside down, according to a recent nationwide study of "negative equity" rates.
Read more here:
Upside-down mortgages rising on Springfield area homes
Written by on September 4th, 2010
Home sales are on the rise, despite the current trying economy. Pending U.S
Go here to read the rest:
Home Sales Show Increase in July