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Recent Posts
- Bay Area adjustable-rate mortgages return as interest rates rise
- San Francisco’s Housing Market Is Cooling Faster Than Rest of the Region
- Housing Deconstructed Newsletter: Bay Area Housing Market Cooling Down, Burned Out House Listed for $765k, and SJ Offers RV Owners $500
- SF can follow Calgary and turn empty downtown offices into housing
- Bay Area ‘Western White House’ sells far below asking price
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Homes Millbrae Pages
Category Archives: Real Estate News
Obama to push for reform of mortgage giants
The crux of his call, however, will be for more mortgage refinancing, which is, ironically, harder now that mortgage rates are rising. Rates are rising because the Federal Reserve is signaling that it will stop buying mortgage-backed securities now that … Continue reading
Posted in Real Estate News
Tagged Administration Official, Administration Officials, Backdrop, Borrowers, Cnbc, Crux, Diana Olick, Federal Reserve, First Time Buyers, Foreclosed Homes, Homeownership, homes millbrae, Mortgage Backed Securities, Mortgage Bankers Association, Mortgage Investors, Mortgage Rates, Mortgage Refinancing, Phoenix Market, Private Investors, Private Mortgage Market, Senior Administration
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Obama to push for housing reform of mortgage giants
The crux of his call, however, will be for more mortgage refinancing, which is, ironically, harder now that mortgage rates are rising. Rates are rising because the Federal Reserve is signaling that it will stop buying mortgage-backed securities now that … Continue reading
Posted in Real Estate News
Tagged Administration Official, Administration Officials, Backdrop, Borrowers, Cnbc, Crux, Diana Olick, Federal Reserve, First Time Buyers, Foreclosed Homes, Homeownership, homes millbrae, Mortgage Backed Securities, Mortgage Bankers Association, Mortgage Investors, Mortgage Rates, Mortgage Refinancing, Phoenix Market, Private Investors, Private Mortgage Market, Senior Administration
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Higher mortgage rates may mean easier credit
(Read more: Mortgage delinquencies suddenly spike) It is likely no coincidence that standards are easing as rates rise and mortgage applications fall. Total mortgage applications were down 47 percent last week from a year ago. Refinances, which had been the … Continue reading
Posted in Real Estate News
Tagged Borrowers, Bread And Butter, Ceo, Cnbc, Coincidence, Crash, Credit Scores, Eagerness, Fha Mortgage, Government Mortgage, homes millbrae, Insurance Premiums, Interest Rates, Lenders, Mortgage Applications, Mortgage Bankers Association, Mortgage Delinquencies, Mortgage Insurer, Mortgage Rates, Refinances, Squawk Box
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Mortgage delinquencies take a sharp turn up
The Home Affordable Modification Program has helped 865,100 homeowners avoid foreclosure, but more than 306,000 could not keep up with even the modified monthly payments, according to the Special Inspector General for the Troubled Asset Relief Program. The program does … Continue reading