Highest property taxes in the country
September 30th, 2010
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Suspicions confirmed: Homeowners in the Northeast pay the highest property taxes in the nation.
Archive
Archive for September, 2010
Foreclosures sell at 26% discount
September 30th, 2010
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Homes lost to foreclosure now make up a quarter of the real estate market -- and they're selling at big bargains.
Categories: Economy, Interest Rates, Mortgage's, Refinance Bargains, foreclosure, Foreclosures Homes, Lost, Real Estate Market
Home prices up, but growth rate slows
September 28th, 2010
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Home prices have risen for five straight months, but the rate of growth has slowed, according to an industry report released Tuesday.
When ‘cash-in’ refinancing pays off
September 28th, 2010
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At the height of the housing boom, millions of Americans treated their houses like ATMs, pulling out money through "cash-out" refis. Today, with millions of mortgages underwater, money is flowing in the opposite direction.
Categories: Economy, Interest Rates, Mortgage's, Refinance Atms, Housing Boom, Money Cash, Mortgage's, refinancing
Can you afford the yuppie dream house?
September 27th, 2010
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The upper-middle class lifestyle has many trappings, including the house. Here's what 4-bedroom, 2-bath homes in good neighborhoods cost across the country, according to Coldwell Banker's annual index.
Categories: Economy, Interest Rates, Mortgage's, Refinance Annual Index, Coldwell Banker, Dream House, Lifestyle, Trappings, Upper Middle Class, Yuppie
22% of private mortgage mods redefault
September 24th, 2010
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Banks have been ramping up their mortgage modifications, helping out troubled borrowers who can't qualify for President Obama's foreclosure-prevention program. Too bad these homeowners redefault at more than twice the rate.
New home sales creep off lows
September 24th, 2010
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New home sales remain near record lows, coming in unchanged in August.
Home Depot remodels its business
September 24th, 2010
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The home-improvement giant is moving to get its house in order.
Categories: Economy, Interest Rates, Mortgage's, Refinance Business Improvement, Giant, Home Depot, Home Improvement, Moving House
Existing home sales bounce back in August
September 23rd, 2010
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Existing home sales bounced back in August after plunging in the previous month.
Categories: Economy, Interest Rates, Mortgage's, Refinance
No mortgage mods for many of the jobless
September 23rd, 2010
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Unemployed homeowners cannot count jobless benefits as income when applying for mortgage modifications if they have loans backed by Fannie Mae. That could greatly limit their ability to get a long-term reduction in their monthly payments.
Categories: Economy, Interest Rates, Mortgage's, Refinance Fannie Mae, Jobless Benefits, Loans, mortgage, Term Reduction