Tag Archives: Insurance

Mortgage bailout not over, FHA to draw $1.7 billion

The negatives, however, are that the FHA is making far fewer loans today due to tighter underwriting and higher fees. That means it is making less money, even though its newer loans are performing extremely well. The estimates for the … Continue reading

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Rising Home Prices Are ‘Unsustainable’—Realtors

Also weighing on home prices are rising mortgage rates. May’s existing home sales report from the Realtors represents closed sales, so contracts and interest rates would have been signed and locked in March or April, before rates began to rise. … Continue reading

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Credit Rules the Housing Market

Page 1 of 2 | Next PageShow Entire Article Existing home sales were basically flat in April, down close to one percent month-to-month and down nearly 13 percent year-over-ear, but you have to remember last year we were heavily under … Continue reading

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Will Home Price Warranty Restore Confidence?

Page 1 of 3 | Next PageShow Entire Article There’s no question that consumer confidence, or lack thereof, is the greatest barrier in the way of a full-blown housing recovery. Credit, while tough to get, is historically cheap, home prices … Continue reading

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