Posts Tagged ‘Financing’

Prices are low! Mortgages cheap! But you can’t get one

Prices are low! Mortgages cheap! But you can't get one

The denial rates tell only half the story. Many potential buyers aren’t even applying for loans because they assume they can’t get one.  Complete article

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Homes more affordable, but don’t expect a rebound

Homes more affordable, but don't expect a rebound

Despite a flurry of positive data on the housing sector, it’s still too early to bank on a comeback Home affordability has returned to pre-bubble levels, making it perhaps one of the most sensible times in years to buy a home. Complete article.

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The Worst Home Improvements For The Money

The Worst Home Improvements For The Money

Just be aware that that decadent kitchen will only retrieve $597 of every $1,000 spent if you decide to list. Home office remodeling, which redeem a measly $458 of every $1,000 spent. Read complete article

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No more government backed loans!!

No more government backed loans!!

So what happens to the market when Freddie and Fannie are disbanded? What happens when private capital has to back our real estate loans? With the exception of FHA will the purchase of a home be a distant memory if you don’t have 30-40% down? See Obamas plan to phase out Freddie and Fannie

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