Mortgage & Finance Articles

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State debuts $30 million homebuyer initiative for...
13 February, 2010| Home Buying, Mortgage & Finance, International Rea...
State debuts $30 million homebuyer initiative for vets Associated Press Feb. 9, 2010, 1:22PM AUSTIN — Texas has announced a $30 million homebuyer initiative targeting veterans. The funding w... read more
Tax Credit Expires Soon
12 February, 2010| Home Buying, Home Selling, Mortgage & Finance
Home Buyers Rush to Take Advantage of Tax Credit Before It’s Gone By Alan J. Heavens Print Article RISMEDIA, February 12, 2010—(MCT)—Liv Mansfield is racing the clock, hoping to find and s... read more
FHA Relaxes Anti-Flipping Rule
11 February, 2010| Foreclosures & Investments, Home Selling, Mortgage...
GREAT NEWS FOR REAL PROPERTY INVESTORS....FHA Relaxes Anti-Flipping RuleBeginning Feb. 1, the Federal Housing Administration will provide mortgage insurance for some purchases in which the s... read more
Extended Homebuyer Tax Credit Q & A provided by Bo...
10 February, 2010| Mortgage & Finance, General, Education
I have gotten a lot of questions pertaining to the revised homebuyer tax credit.  The following are key points that perspective home buyers should be aware of when considering a home purchase und... read more
“Texas Recovery is at Hand, but Clouds Remain”
10 February, 2010| Mortgage & Finance, Relocation & Newcomer, Interna...
“Texas Recovery is at Hand, but Clouds Remain”   The drag from the U.S. and global recessions on the Texas economy appears to have abated.  Most of the state’s key economic indicator... read more
Tax Credit expiring soon, and rates are predicted...
10 February, 2010| Home Buying, Housing Market, Mortgage & Finance
Bernanke outlines plan for pulling in stimulus aid Bernanke outlines plan for pulling back stimulus once rebound strengthens; rates would rise Jeannine Aversa, AP Economics Writer, On We... read more
“Texas Recovery is at Hand, but Clouds Remain”
10 February, 2010| Mortgage & Finance, Relocation & Newcomer, Interna...
“Texas Recovery is at Hand, but Clouds Remain”   The drag from the U.S. and global recessions on the Texas economy appears to have abated.  Most of the state’s key economic indicator... read more
National Unemployment in Jan 2010
8 February, 2010| Housing Market, Mortgage & Finance
The Labor Department reported that there were 20,000 jobs lost in January, which was worse than expectations of 15,000 jobs gained. However, the Unemployment Rate came in lower at 9.7%, down from last... read more
REAL ESTATE OUTLOOK - SOBERING NEWS?
8 February, 2010| Home Values & Recent Sales, Housing Market, Mortga...
Real Estate Outlook: Sobering News? by Kenneth R. Harney Provided by You might have seen the headlines last week about an unexpected drop in housing starts, and you might have thought: U... read more
Regulators tell lenders not to be ‘overly cautious...
7 February, 2010| International Real Estate, Foreclosures & Investme...
Regulators tell lenders not to be ‘overly cautious' By CRAIG TORRES and JOSHUA ZUMBRUN Bloomberg News Feb. 6, 2010, 12:34AM U.S. banking regulators, including the Federal Reserve, urged finan... read more
What do Fannie Mae, Freddie Mac, the Fed and Barne...
5 February, 2010| Housing Market, Mortgage & Finance, Education
Fannie Mae and Freddie Mac have served the mortgage market through their purchase of home loans from major lending institutions.  Once purchased, these loans are securitized by Fannie Mae and Fre... read more
Stakes go higher in Bank of America CEO's case
5 February, 2010| Mortgage & Finance, International Real Estate, Gen...
Stakes go higher in Bank of America CEO's case By LOUISE STORY New York Times Feb. 4, 2010, 10:39PM NEW YORK — The legal saga surrounding the takeover of Merrill Lynch by Bank of America, one... read more
I've Got a Secret ... 100% Financing Still Availab...
3 February, 2010| Home Buying, Mortgage & Finance, General
By Rose KingUnited Texas Realtors   You may have heard that 100% home financing is no longer available except to veterans. For the most part, this is true. However, as a Realtor working with... read more
Buyers Tax Credit Extension Guidelines
3 February, 2010| Home Buying, Mortgage & Finance, Education
$8,000 Tax Credit Extension and Expansion Details Summary: $8,000 tax credit extension and expansion details. Here are the details of the amendment to the extension of $8,000 first-time home... read more
What are the new FHA Changes and How Will It Affec...
3 February, 2010| Affordable Housing, Home Buying, Mortgage & Financ...
What are the new FHA changes and how will it affect me as a buyer.?  On January 20, 2010, the Federal Housing Administration (FHA) said it is raising homebuyers' up-front costs for mortgage insur... read more