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Mortgage Rates


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Delinquencies in Mortgage get higher
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Thursday, 14 September 2006

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NEW YORK--Americans nowadays find it difficult to pay their mortgages.  This is because of higher rates and deteriorating housing markets.
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Thumping the path to income-producing property
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Thursday, 14 September 2006

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CHICAGO--  Real estate investment does not immediately give a quick result, which was the usual promise of many who has been in this business for so long.  But for investors willing to do some hard work, making a good purchase and proper management can make substantial rewards. 
Read more...
 
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Debt crisis surfaces on Mortgage
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Wednesday, 13 September 2006

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A survey of 2,000 homeowners by the CAB found that 13% of under 24-year-olds had missed payments, with 4% of the total admitting to missing payments.  Research from Citizens Advice estimates that 770,000 households have missed one or more payments, and the situation could become worse as interest rates rise.
Read more...
 
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Real Estate property to raise funds
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Wednesday, 13 September 2006

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EDINBURGH ProLogis European Properties, a real estate fund that invests in industrial properties plans to raise as much as €829 million in an initial public offering.
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Improvements in the Real Estate Sectors Persist
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Wednesday, 13 September 2006

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Tightening vacancy rates and rising rents are pouring funds into commercial sectors.  Commercial real estate markets expect this.  

David Lereah, NAR's chief economist, said most commercial market fundamentals are solid. "Commercial real estate markets move in response to changes in fundamental demand, which remains solid as a result of sustained job creation and economic growth," he said. "Except for some weakness in the retail sector, the commercial market is benefiting from lower vacancies and higher rents."

Read more...
 
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Higher Allocations experienced by Real Estate
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Wednesday, 13 September 2006

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WASHINGTON, DC- Real estate allocations are increased in portfolios after many firms sold holdings in 2002-2003.  This is to take advantage of high valuations, said the Commercial Real Estate Outlook of the National Association of Realtors. 
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Real Estate Market finds its pulse
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Wednesday, 13 September 2006

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News a couple of days say that real estate market is still dead.  The percentage drop in existing and new home sales is in the double digits.  Flyers are being stuck to front doors telling buyers they can move in for $1.  This indicates that some builders are desperate to perk up sales figures.
Read more...
 
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Higher mortgages get paid by Minorities
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Wednesday, 13 September 2006

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Gannett News Service informs that Americans taking heavy mortgage loads leads to housing debt more increasingly.  Almost half of all blacks and Hispanics who bought homes last year are paying above average mortgage rates. 
Read more...
 
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Mortgages are paid more by Hispanics and Blacks
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Tuesday, 12 September 2006

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WASHINGTON - Black and Hispanic home buyers pay more for their mortgages than do whites, according to a Federal Reserve report released Friday.  Federal Reserve reports that Black and Hispanics pay more for their mortgages.  The Fed’s analysis of 2005 home lending data found that 54.7 percent of black borrowers paid a higher-than-typical interest rate on home mortgages.  That was up sharply from 32.4 percent in 2004.
Read more...
 
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As inflation rises Mortgage qualms
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Tuesday, 12 September 2006

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Homeowners are gearing up for another hike in mortgage rates after inflation rose to its joint highest level since Labour came to power nine years ago.  The inflation hike was caused by increases in the price of games and toys, including a big upward contribution from computer games.
Read more...
 
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Best way of maintaining top agent attitude
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Tuesday, 12 September 2006

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It’s estimated that roughly 20% of agents sell 80% of the homes on the market—leaving 1.3 million homes for the one million leftover agents. Roughly, it is estimated that 20% of agents sell 80% of the homes in the market.  That leaves about 1.3 million homes for the one million leftover agents. 
Read more...
 
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Recession in Real Estate Business is felt
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Tuesday, 12 September 2006

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One of the big builders of luxury homes in their third quarter and full year earnings are expected to fall short of their previous forecast.  This is the result of sluggish sales. Some realtors and economists now argue that the decline in home prices will be modest and is nearly complete   The firm noted that high cancellation rates on contracts in backlog that were projected to close this year and more pronounced use of price concessions and incentives, particularly on the resale of those homes which have experienced contract cancellations. 
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Web becomes a brawling arena for Investors
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Tuesday, 12 September 2006

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Despite news of law notification and enforcement that the government has been doing, the man investors deceived in a real estate scam believe stole their money is still freely operating.  Darin DeVoe is chased by these investors.

  Two of the victims who happened to be DeVoe’s former friends, Harris and Steve Short who live in Alaska, constructed a website dedicating to investors their stories, losses and other relevant information to help further their cases and find the culprit. 

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More...
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