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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: Principal Balance
Why ‘Fiscal Cliff’ Deal Will Help the Housing Recovery
The housing market is on firmer ground today, as two major tax provisions survived the “fiscal cliff.” Congress did not touch the mortgage interest deduction, and it extended tax relief for one year on mortgage debt forgiveness. “An extension of … Continue reading
Posted in Real Estate News
Tagged Aggressive Stance, Borrowers, Debt Forgiveness, Debt Relief, Guggenheim Partners, Home Values, homes millbrae, Housing Market, Joseph A Smith, Joseph A Smith Jr, Loan Balance, Mortgage Debt, Mortgage Interest Deduction, Principal Balance, Principal Reduction, Principal Relief, Securities Group, Streamlined Procedures, Tax Break, Tax Provisions, Tax Relief
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Why Home Refinancing Boom Is Different This Time
U.S. home owners are refinancing their mortgages at the fastest clip since 2005, but the difference now is they are putting cash in, not taking it out. At the going rate, 25 percent of all first-lien U.S. mortgages will be … Continue reading
Posted in Real Estate News
Tagged 17 Years, Analytics, Consumer Price Inflation, Different This Time, Economists, Fannie Mae, Fannie Mae And Freddie Mac, Freddie Mac, Half A Million, Harp, Home Refinancing, homes millbrae, Low Interest Rates, Negative Equity, Principal Balance, Record Lows, Refinancing Mortgages, Retail Spending, Swimming Pools, Trillion, U S Home
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Government Mortgage Bailout Numbers Still Weak
Page 1 of 3 | Next PageShow Entire Article The US Treasury just released its latest “scorecard” on the state of the government’s housing bailout. The numbers are still weak, compared to the overall picture. In May, 32,398 borrowers got … Continue reading
Posted in Real Estate News
Tagged 1 Billion, Borrowers, Boston Red Sox, Cyclicals, Foreclosure, Forgiveness, Government Mortgage, homes millbrae, Housing Bailout, Hurdle, Mortgage Bailout, New Numbers, New York Times, Pittance, Principal Balance, Principal Reduction, Scorecard, Stake, Trial Period, Us Treasury, Web Firm
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