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Tag:
mortgages
Economic News
Mortgage applications at highest level in three months
According to the Mortgage Bankers Association (MBA), the seasonally adjusted index of mortgage application activity jumped up to the highest level in three months...
Economic News
Fannie and Freddie – R.I.P. – what happens next?
The handwriting is on the wall. Fannie and Freddie failed as Government Sponsored Enterprises (GSEs) and are now wards of the State.  Talk about your...
Housing News
USDA funding may not run out after all – HR 5017 passed today
HR 5017 passed
Today, the Kanjorski bill (HR 5017) passed unanimously in the House Financial Services Committee, a bill aimed at supporting the rural housing...
Economic News
Financial and Mortgage Reform? Nah. Who Needs It?
This week the House of Representatives passed a sweeping financial reform package that would deter, in part, some of the most egregious practices of...
Politics
FHA Changes May Cause More Loans to Go Underwater
I first caught whiff of this in an Inman News article by Matt Carter. Then I saw an editorial about it in The Washington...
Economic News
Some Much Needed Perspective
Perhaps to the collective short-sightedness that has been one of the contributing factors to the current housing market shift, but not to those who see housing as a long-term, buy (and live in) and hold investment. ... Let's shift the perspective from one that tracks the housing market on a week-to-week and month-by-month basis and recognize that " relatively" 6% is as close to free money as we're likely to see.
Economic News
Zillow’s Mortgage Referral Program
The Zillow mortgage is about to launch and the first phase is already underway. Several industry bloggers have covered the main features of the...
Economic News
Equity Management Is Overrated
A few years ago, in the middle of the housing boom, I came across the equity management philosophy of wealth creation. The basic premise...


