Category Archives: Real Estate News

The Obama administration has been pushing for lower loan limits at Fannie and Freddie in an effort to reduce the government’s role in lending and bring private capital back to the mortgage business. “HUD and FHFA should closely examine using … Continue reading →

First-time buyers usually purchase lower-priced homes, but sales of homes priced under $100,000 were down more than 7 percent in September from a year ago, while sales of homes priced above $500,000 were up over 40 percent, according to the … Continue reading →

The Justice Department’s potential $13 billion settlement with JPMorgan may go a long way toward appeasing consumers’ anger at big banks for the financial crisis, but it probably won’t help those same consumers get a mortgage. In fact, it may … Continue reading →

Climbing through the shell of a Los Angeles home he bought for just over $800,000, real estate investor Nicholas Sinatra confers with a team of architects, designers and contractors. They discuss a new floor plan and high-end finishes that will … Continue reading →

Applications for government mortgage products dropped to a six-year low last week, as negotiations to end the U.S. government’s partial shutdown and avert a debt default rocked back and forth between progress and deadlock. While total mortgage applications inched higher … Continue reading →