Tag Archives: Spike

Bay Area Home Sales, Home Prices Climbing

SAN FRANCISCO (CBS SF) – If you’re planning on purchasing a home in the Bay Area soon, you may be up against steep competition. According to San Diego-based company DataQuick, house and condo sales throughout the Bay Area in July were the … Continue reading

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Mortgage rate spike finally hits housing market

While buyers may be pausing, however, their optimism is not. Americans are increasingly hopeful about housing’s return. Sixty-two percent believe mortgage rates will go up over the next year, according to a new Fannie Mae survey, but 74 percent also … Continue reading

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Mortgage delinquencies take a sharp turn up

The Home Affordable Modification Program has helped 865,100 homeowners avoid foreclosure, but more than 306,000 could not keep up with even the modified monthly payments, according to the Special Inspector General for the Troubled Asset Relief Program. The program does … Continue reading

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Foreclosures fall even as judges ramp up

U.S. foreclosure activity in June fell to the lowest level since December of 2006, but certain states are seeing a rise in activity, as judges work through tremendous backlogs of delinquent loans. Close to 128,000 properties received some kind of … Continue reading

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Foreclosures Fall Even as Judges Ramp Up

U.S. foreclosure activity in June fell to the lowest level since December of 2006, but certain states are seeing a rise in activity, as judges work through tremendous backlogs of delinquent loans. Close to 128,000 properties received some kind of … Continue reading

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