News / Features
So much for history – after reaching 50-year lows on Aug. 18, the 30-year FRM from Freddie Mac has hit a new historical low, this time reaching 4.12
President Obama is scheduled to address the nation tonight on the economy, and the real estate industry is filled with anticipation – apprehension, even – on what the President will say about housing, if anything at
At a time when the national housing market is slowly emerging from a tough stretch, Texas is blasting out of recession, according to new data from the Federal Reserve Bank of
After four years of negative job growth, the construction sector is experiencing positive gains in 2011, adding approximately 26,000 jobs to payrolls in 2011, according to new data from the Bureau of Labor
The U.S. government is soliciting ideas on how to responsibly unload the 248,000 foreclosed properties currently in its possession, a total that represents almost a third of the nation’s foreclosed
Single-family mortgages by Fannie Mae that have been in default for more than 60 days fell to 4.08 percent in June and July, the lowest level in two
Federal Reserve Governor Elizabeth Duke called on Washington for aggressive action on housing, citing refinancing and property conversion as two possible
New rules and regulations for appraisers of Fannie Mae and Freddie Mac properties have some in the industry fearing that the new steps will needlessly complicate the
Freddie Mac’s five-year ARM rate set a new record low yesterday, falling to 2.96 percent, a 0.56 percent decline from a year
Profits on independent loans rose from $346 to $575 per mortgage for the second quarter, according to a new report by the Mortgage Bankers Association
Mortgage modifications by private companies rose 11 percent in July, according to data from the Hope Now alliance, a rate that far exceeds that of the government’s Home Affordable Modification Program
The CoreLogic Home Price Index rose for the fourth consecutive month in July, increasing by 0.8 percent for the month and 5.5 percent over March’s
President Obama is expected to answer calls of action and announce a housing stimulus plan next week during a planned speech on job
Houston developer The Morgan Group is preparing a high-end apartment complex that will utilize the old location of the Central Presbyterian Church on Richmond and
Rohe & Wright Builders, a luxury home builder, is reviving Winfield Gate, a gated development of 21 town homes that was shelved in late
REO properties declined in the second quarter from 550,000 to 493,000, according to research by Calculated