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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
Tag Archives: Mortgages
One Overlooked Fact About the Housing Recovery
As federal regulators and banks argue over whether new lending standards will make mortgage credit too tight or too expensive, one important fact about the housing market goes largely overlooked: More than 20 million American homeowners own their homes outright. … Continue reading
Posted in Real Estate News
Tagged American Homeowners, Banks, Cash Investors, Crash, Demographics, Foreclosure, Geographical Location, Home Ownership, homes millbrae, Housing Market, Information Sales, Las Vegas, Mortgage Credit, Mortgages, Real Estate Information, Regulators, Survey, Washington D C, Zillow
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Bank of America Slashes $4.75 Billion Off Mortgages
As part of the sweeping national mortgage servicing settlement that went into effect in March, officials at Bank of America said they are halfway to fulfilling their mandate of providing $7.6 billion worth of consumer relief. The bank [BAC Loading… … Continue reading
Posted in Real Estate News
Tagged Bank Of America, Bank Officials, Banks, Borrowers, Conference Call, Countrywide Financial, Financial Obligations, Foreclosure, Home Equity Loan, homes millbrae, Ills, Loan Balances, Loans, Mandate, Monthly Mortgage Payments, Mortgage Interest Deductions, Mortgage Servicing, Mortgages, National Mortgage, Slashes, Unpaid Principal Balances
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Is Housing Risen From Ashes? ‘Industry Has Come Back’
Economists are saying it, and now even some Americans are saying it. After falling to depths not seen since the Great Depression, the U.S. housing market may finally be rising from the ashes. It may not seem like a lot, … Continue reading
Posted in Real Estate News
Tagged Borrowers, Cnbc, Declines, Distressed Properties, Economic Survey, Economists, Equity Position, Fence, Great Depression, homes millbrae, Housing Industry, Housing Market, Mortgages, Negative Equity, Obama, Optimism, Price Indices, Rising From The Ashes, Standard And Poors, Straight Quarter, Supply Shortages
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Pending Home Sales Beat Expectations in July
Despite expectations of a drop-off in home sales this fall, a forward-looking indicator shows a growing number of buyers are jumping back into the housing market. The National Association of Realtors’ Pending Home Sales Index rose 2.4 percent in July … Continue reading
Posted in Real Estate News
Tagged Association Of Realtors, Chief Economist, Contract Activity, Contracts, Diana Olick, Economist Lawrence, Existing Home Sales, Foreclosures, Home Buyer, Home Purchases, homes millbrae, Housing Market, Million Dollar Homes, Mortgages, National Association Of Realtors, Pending Home Sales Index, Phoenix Ariz, Single Family, Tax Credit, Vacation Home, Worth Investors
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Bank’s Offer to Slash Mortgages Gets Surprise Response
Article source: http://www.cnbc.com/id/48227856?__source=RSS*blog*&par=RSS