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Mortgage Rates


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Slowdown in Denver Real Estate Market
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Friday, 21 July 2006

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According to a midyear report by the Trammell Crow Co, Metro Denver's retail real estate market is "slowing just slightly," but still solid because of strong job growth. The office and industrial markets continue to strengthen.
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Ban on US Banks in Real Estate Approved by Senate
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Friday, 21 July 2006

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On Thrusday, the Senate Appropriations Committee approved legislation that would permanently ban U.S. banks from engaging in real estate activities, a protection long sought by the real estate industry.

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WaMu's $140B Mortgage Servicing Portfolio Bought by Wells Fargo
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Thursday, 20 July 2006

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On Wednesday, Wells Fargo said that it has agreed to buy Washington Mutual's entire portfolio of government mortgage servicing and a portion of its conforming, fixed-rate portfolio, totaling $140 billion and representing about 1.3 million servicing customers.  As part of the deal, Wells also will acquire WaMu's Milwaukee servicing operation.
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Real Estate Foreign Investment to be Restrained in China
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Thursday, 20 July 2006

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Foreign investment in Chinese real estate is shining brightly once again. China has announced rules for curbing foreign investment in real estate sectors.
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Great Investment Ideas for Your Home
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Wednesday, 19 July 2006

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Doing a midrange bathroom remodel can get Americans back the most money on average, according to Remodeling's 2005 Cost vs. Value Report. In 2001, U.S. homeowners spent $104.6 billion on remodeling projects, estimates Harvard's Joint Center for Housing Studies.
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Miami Condo Project for $375M is Coming
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Wednesday, 19 July 2006

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A massive mixed-use development in Miami, which was slated to have 3,000 condominium units, is on the block. Joe Cayre, who purchased the site, the 56-acre former Buena Vista railroad yard, for $34.5 million in December 2002, is developing the project, dubbed Midtown Miami, located a few miles north of Downtown Miami.
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IRS Raided Springfield Real Estate Company
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Wednesday, 19 July 2006

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A Springfield real estate company apparently is under criminal investigation by federal agencies, though the nature of the case is unclear. Bonnie MacLeod, special agent for the criminal investigation at Internal Revenue Service said that authorities served a federal search warrant Tuesday morning at Charles E. Walker Realty at 3662 S. Glenstone Ave. in Springfield.
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The Effect of the Job Market on Mortgage Rates
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Tuesday, 18 July 2006

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Of the numerous economic reports that are released each month-Consumer Price Index, Producer Price Index, Durable Goods, Housing Starts, etc.-the one that can affect the housing market the most is the Employment Report.
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Calculating Home's Value Online Pros and Cons
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Tuesday, 18 July 2006

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Checking the estimated value of a home these days is a bit like following stock quotes. To follow the possible changes in the value of their homes, more homeowners are turning to free or nominally priced online tools that spit out a probable home value. Unlike a stock with a daily closing price, a home's value is colored by several variables: neighborhood, the home's condition, the regional housing market, and an agent's or home buyer's rose-colored glasses.

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11 Franchisees for GMAC Real Estate
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Tuesday, 18 July 2006

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Real estate company GMAC Real Estate Franchise Operations said Tuesday it had added 11 franchisees across the country. New franchisees are in New Mexico, New York, Nevada, Ohio, Texas, Florida, California, South Carolina, Pennsylvania and Massachusetts.
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Indian Real Estate Firm is Morgan Stanley's New Investment
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Tuesday, 18 July 2006

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Tuesday, Morgan Stanley, the world's biggest securities firm by market value said that it has invested about 3 billion rupees, or $64 million, in Alpha G:Corp Development, an Indian real estate company. 
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How to Stop Those Rising Mortgage Payments
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Tuesday, 18 July 2006

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Is your mortgage coming due or your adjustable rate mortgage payment has been steadily creeping up as interest rates change?
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Miami Beach Neighborhood to become a Boutique Condo-Hotel
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Tuesday, 18 July 2006

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The Related Group, which has already developed several projects in the SoFi neighborhood, is planning to build Viceroy Resort & Residences South Beach in a joint venture with Los Angeles-based Kor Hotel Group.
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