November 30, 2009By Tami
Luhby, CNNMoney.com senior writer Obama ups pressure on banks to help
homeowners
Loan
servicers must detail plans to assist borrowers long term. Laggards
could face penalties and sanctions...CONTINUE
READING
November
24, 2009
1 in 4 mortgages 'underwater'
Report
shows 10.7 million borrowers are stuck with mortgages whose property
values are less than what the they owe...CONTINUE
READING
November 18, 2009
By Les Christie, CNNMoney.com staff writer
Mortgage
loans: Record number are late
Efforts to combat
foreclosure plague are falling short as the total number of delinquent
mortgage loans hits 9.64%...CONTINUE READING
By: Reuters/cnbc
Housing Starts Show Sharp Drop; Inflation Still
Tame
The Commerce Department said on Wednesday housing
starts dropped 10.6 percent to a seasonally adjusted annual rate of
529,000 units, the lowest level since April and the percentage drop was
the biggest since January...CONTINUE
READING
November 17, 2009
By: Reuters/Cnbc.com
Mortgage Applications Drop Even as Rates Fall
U.S.
mortgage applications fell last week, with demand for home purchase
loans dropping to a 12-year low even as interest rates on 30-year loans
fell to their lowest level in six months, data from an industry group
showed on Wednesday...CONTINUE READING
November 09, 2009
By Les Christie, CNNMoney.com staff writer
The greatest real estate turnaround ever
Charlotte
Street in New York City's South Bronx was once the epicenter of urban
blight. No longer. Now single-family homes line the strip and boats sit
in driveways.CONTINUE READING
November 06, 2009
Extension of 1st Time Home
Buyer Tax Credit...CONTINUE
READING
November 04, 2009
By: Reuters/cnbc
Mortgage Applications Up as Rates Drop Below 5%
U.S. mortgage applications rose for the first
time in four weeks, reflecting a jump in demand for home refinancing
loans as interest rates on 30-year loans dropped below 5 percent, data
from an industry group showed on Wednesday...CONTINUE
READING
November 03, 2009
US Commercial Property Up in Third Quarter: IndexThe prices of investment-grade commercial real estate rose more than 4
percent in the third quarter, possibly signaling an end to the sector's
year-long downward spiral, according to an leading property index
released Tuesday...
CONTINUE READING
By: Diana Olick
CNBC Real Estate Reporter Home Buyer Tax Credit Done: Does it Matter?
Despite all the yelling about the need for a government exit strategy
from its massive economic bailouts, real estate welfare is still
cooking with gas...CONTINUE READING
By: CNBC.com
Fed Should 'Come Off the Pedal' on Rates This Week: Ferry- The Federal Reserve ought to signal that it's ready to back off the
strong monetary easing policies it put into place during the financial
crisis, Kevin Ferry of Cronus Futures Management told CNBC...
CONTINUE READING
November 02, 2009
By: Reuters
Banks at Risk Over Property Loans: Fed's Greenlee-U.S.
banks are at risk of sizable new loan losses, particularly on
commercial property, and some banks may not have sufficient capital to
fully cushion against losses...CONTINUE READIN
By Les Christie, CNNMoney.com staff writer
Home sales contracts rise for 8th straight month- Real estate rally attributed to first-time homebuyer tax credit that expires at the end of November...CONTINUE READING