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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: Tight Credit
Mortgage Mess Still Mires US Housing Recovery
Mortgage applications to purchase a home dropped more dramatically than did refinances, down 10 percent from the previous week. While one week does not a trend make, rising mortgage rates, coupled with severe inventory shortages, are not the mix needed … Continue reading
Posted in Real Estate News
Tagged Ben Bernanke, Bob Walters, Chairman Of The Federal Reserve, Chief Economist, Consumer Confidence, Escape Hatch, First Time Home Buyers, homes millbrae, Inventory Shortages, Jonathan Miller, Local Realtor, Mortgage Applications, Mortgage Holders, Negative Equity, New Mortgage, Realtor Associations, Reasonable Access, State Of The Union Address, Tight Credit, Time Home Buyers, Union Address Tuesday Night
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Mortgage Mess Still Mires Housing Recovery
Mortgage applications to purchase a home dropped more dramatically than did refinances, down 10 percent from the previous week. While one week does not a trend make, rising mortgage rates, coupled with severe inventory shortages, are not the mix needed … Continue reading
Posted in Real Estate News
Tagged Ben Bernanke, Bob Walters, Chairman Of The Federal Reserve, Chief Economist, Consumer Confidence, Escape Hatch, First Time Home Buyers, homes millbrae, Inventory Shortages, Jonathan Miller, Local Realtor, Mortgage Applications, Mortgage Holders, Negative Equity, New Mortgage, Realtor Associations, Reasonable Access, State Of The Union Address, Tight Credit, Time Home Buyers, Union Address Tuesday Night
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Housing’s Recovery Means Fewer Can Afford Homes
Rising home prices are not the only factors hitting home affordability. Fees charged to lenders by Fannie Mae and Freddie Mac (known as “guarantee fees” for bundling and selling mortgages) began rising dramatically in the past month and are now … Continue reading
Posted in Real Estate News
Tagged Basis Points, Borrowers, Diggle, Fannie Mae, Fannie Mae And Freddie Mac, First Time Buyers, Freddie Mac, Hitting Home, Home Affordability, Homebuyers, homes millbrae, Housing Market, Immigration Reform, Lows, Mortgage Backed Securities, Mortgage Bankers Association, Mortgage Lending, Mortgage Market, Payroll Tax, Skilled Workers, Tight Credit
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Housing Still Precarious in Obama’s Second Term
The housing market is on the slow road to recovery. Home prices in the last three months rose in 120 out of 149 metropolitan markets surveyed by the National Association of Realtors. Compare that to just 39 rising metros a … Continue reading
Posted in Real Estate News
Tagged Association Of Realtors, Bit Part, Congressional Leaders, Credit Mortgage, Distressed Properties, Fannie Mae, Fannie Mae And Freddie Mac, homes millbrae, Household Formation, Median Home Price, Metropolitan Markets, Mortgage Insurers, Mortgage Lending, Mortgage Principal, Mortgage Rates, Nahb, National Association Of Home Builders, National Association Of Realtors, Obama, Rutenberg, Tight Credit
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Pending Home Sales Barely Budge in September
In a sign of a still struggling housing market, signed contracts to buy existing homes were essentially flat in September from August, edging up just 0.3 percent according to a monthly index from the National Association of Realtors. The index … Continue reading
Posted in Real Estate News
Tagged 6 Million, Association Of Realtors, California Cities, Chief Economist, Contract Activity, Diana Olick, Distressed Properties, Economist Lawrence, Existing Home Sales, Headwind, Home Contract, homes millbrae, Housing Market, Housing Shortage, Inventories, Market Fundamentals, Midwest, Nar, National Association Of Realtors, Tight Credit, Uptrend
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