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Tag Archives: Credit Crunch
Changes to jumbo loans kick market while it’s down
Barring last-minute action by Congress, many Bay Area home shoppers will soon find it harder to buy more expensive homes because of changes in eligibility requirements for a popular type of mortgage. Starting Oct. 1, interest rates on loans between … Continue reading
Posted in SF Bay Area News
Tagged Administration Programs, Consulting Group, Credit Crunch, Economic Recovery Act, Eligibility Requirements, Emergency Legislation, Fannie Mae, Federal Housing Administration, Freddie Mac, Home Shoppers, homes millbrae, Jumbo Loans, Ken Rosen, Maximum Drop, Monthly Mortgage Payments, Mortgage Payment, Private Lenders, Real Estate Professionals, Silicon Valley, Smart Person, Three Quarters
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Credit Crunch Has Home Builders Sleepless in Seattle
Page 1 of 2 | Next PageShow Entire Article The only thing more cold and gloomy than my pre-dawn live shot here in Seattle this morning was the February housing report from the Department of Commerce. Housing starts plunged 22.5 … Continue reading
Posted in Real Estate News
Tagged Building Permits, Central Banks, Credit Crunch, Department Of Commerce, Dumps, Global Insight, Home Builder, Home Builders, homes millbrae, Housing Market, Japan Tsunami, New Direction, Pre Dawn, Private Builders, Private Equity, Pundits, Reactors, Shea Homes, Sleepless In Seattle, Tsunami Survivors, Woes
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Bay Area home sales down from December but up from last year
Bay Area home sales have dropped since December, but sales are still higher in early 2011 than they were during the same period in 2010, a real estate information service said. It’s normal for sales to be slow this time … Continue reading
Posted in Uncategorized
Tagged Adjustable Rate Mortgages, Credit Crisis, Credit Crunch, Dataquick, Estate Information Service, Federal Housing Administration, John Walsh, Jumbo Loans, Loan Market, Median Price, Monitoring Service, Napa County, Peak Levels, President John, Purchase Loan, Purchase Mortgages, Real Estate Information, Real Estate Information Service, Repor, Resale Houses
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