Tag Archives: Mortgage Payments

Bay Area leads in underwater mortgage rebounds

The housing rebound has helped about 150,000 underwater Bay Area homeowners regain equity – the fastest rebound rate in the country – although about 200,000 still owe more than their homes are worth, according to a real estate report. Throughout … Continue reading

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Bay Area leads in underwater mortgage rebounds

The housing rebound has helped about 150,000 underwater Bay Area homeowners regain equity – the fastest rebound rate in the country – although about 200,000 still owe more than their homes are worth, according to a real estate report. Throughout … Continue reading

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Mortgage Lending Loosens…But Far From Loose

Rates have been trending lower of late due to trouble overseas and the weak U.S. employment picture. That uncertainty continues to send investors to the safety of the 10-year Treasury, pushing yields lower. Mortgage rates loosely follow those yields. But … Continue reading

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Builders Warn on Housing

It’s one thing to jump on the bandwagon when things are getting better, it’s quite another to jump off of it when everyone around you, not to mention your own company’s earnings, would seem to confirm that sentiment. But that’s … Continue reading

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Foreclosures, default notices plunge

The deluge is over. Foreclosures and default notices in California and the Bay Area have subsided back to their 2007 levels. Foreclosures are still running about double historical averages, but are a far cry from the sky-high levels during the … Continue reading

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