R.E. Source
Currently viewing the category:
"Mortgage and Financing"
Another banner year for housing in Texas. No surprises there if you’ve been trying to land a home under $225,000 in Austin. That particular market price is drawing so much fire with so little inventory it is unprecedented.
Forbes magazine released its top 20 of America’s fastest growing cities and Austin was behind only Houston […]
Continue Reading →I read an interesting article today regarding below 0%. How could that be? Who would have predicted this situation 10 years ago? No one I know. Any way, here is a link to the blog by TAMURECON’s Dr Mark Dotzour.
http://blog.recenter.tamu.edu/2012/12/interest-rates-below-zero/
Continue Reading →Another weird week in the global markets. Whew I’m not going to comment on that since I don’t have any real answers to the many questions. On the other hand, may be shaping up to be a very good time to invest in real estate. Rents continue to be high for detached single family homes […]
Continue Reading →The Federal Housing Finance Agency (FHFA) announced that FNMA and FreddieMac procedures for handling past due mortgages line up with one another.
Per an article in DSNews.com, the new servicing requirements address solicitation of delinquent borrowers and evaluation of all borrowers for each of the alternatives to foreclosure that Freddie Mac offers.
New borrower communications […]
Continue Reading →It is possible to get $0 down home loans in Austin Texas.
Continue Reading →This chart shows the change in weekly interest rates from January of 2008 forward based on the Freddie Mac Primary Mortgage Market Survey of approximately 125 lenders. Freddie Mac’s survey is viewed as the best indicator of interest rate trends.
· Interest Rates down to 4.71% from 4.78% last week.
· Refinance […]
Continue Reading →We’re being told that the Federal Reserve (and it’s infinite wisdom) is confident in the economy and is going to end a $600 billion program to support it. The next move might be to figure out how to stem the tide of inflation.
The Fed has been buying governement bonds to help keep interest rates […]
Continue Reading →By Mary Ellen Podmolik Print Article
RISMEDIA, March 19, 2011—(MCT)—Bill Schramm and Bethany Siwicki scoured property listings for three months before agreeing to see a home in Round Lake Beach, even though its online pictures didn’t look promising.
“It looked like a piñata blew up […]
Continue Reading →
Austin Texas 2014
Austin Texas 2014
The growth in central Texas continues at a fast pace. The 2013 stats are in and year over year sales price and volume are both up, while days on the market are down. Another year of overall improvement for sellers in this region.
The usual seasonal adjustment […]
Continue Reading →