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The legislation - likely to be enacted soon - devotes $300 billion to helping troubled homeowners avoid foreclosure. The House on Wednesday passed a $300 billion housing rescue bill aimed at helping troubled homeowners avoid foreclosure and supporting
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www.FindTheValueNow.com JUST IN: OFHEO sees Fannie and Freddie conforming home sale prices down only .3% in May After the gloom in the media and on Wall Street about housing values, someone forgot to check the stats! st1\:*{behavior:url(#ieooui) } Recently
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Rates could rise on Freddie, Fannie woes If your mortgage is owned by agencies, though, don't panic CHICAGO (MarketWatch) -- Get ready to see mortgage rates rise somewhat as Freddie Mac and Fannie Mae are buffeted by turmoil, but don't sweat it
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Bright spots are popping up amid the Valley's gloomy housing market with some builders reporting increased sales. National builder Shea Homes said that sales so far this year in its active adult communities were up 10 percent from the same time a
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NEW YORK -- The Federal Reserve cut its key interest rate by a quarter percentage point Wednesday, but the central bank's statement signaled it may be the last rate cut for at least a while. The cut took the federal funds rate, the key overnight rate
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Growth returning to Arizona economy, ASU index suggests The Arizona Business Conditions Index has moved into growth territory for the first time since November, indicating that growth, albeit small, is returning to the Arizona economy. The index, which
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Investing in real estate used to be considered a "no brainer," a can't-miss investment. But these days, this sure thing isn't so sure. Home prices keep falling. Standard & Poor tracking shows prices down 7.7 percent nationally in
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Phoenix takes third place for 2007 population gains The Business Journal of Phoenix The Phoenix area saw the third-highest population increase in the nation last year. According to the U.S. Census Bureau, more than 132,000 people were added to the Phoenix-Mesa-Scottsdale
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FHA limit change may help some Valley homebuyers Some Valley homebuyers may get the boost they need to qualify for a mortgage, following a government decision Wednesday to hike the limits for loans insured by the Federal Housing Administration. The new
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You see them in every neighborhood, for sale signs and foreclosure notices. Despite this, Nate Martinez, President of the Phoenix Association of Realtors says one segment is really hot right now with homes priced under $200,000. He says a couple of years
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Six Signs It's Time For Home Buyers To Buy If you're waiting for signs of a housing bottom, join the club. Nobody blows a whistle and say, "It's time to buy!" That's why market timing is an art, not a science, but you can improve
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Home prices in the state of denial Despite numerous reports showing home values in historic decline, more than three out of four homeowners believe their own home has not lost value in the past year, according to an online survey. The survey was conducted
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Down Payment Assistance Programs ............................................................................... Down Payment Assistance Programs (DAPS) are loan programs designed to assist first-time home buyers with the required down payment and closing
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I was reading a MLS web news letter and found this article that I do agree with. It is written by real estate agent Paul Pastore. I thought I would share it with you: 1. Selection, selection, selection. Regardless of the price range a buyer desires, there
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Mortgage rates drop below six percent Second time in more than two years; 30-year fixed amount is 5.87 percent WASHINGTON - Rising worries about a weak economy pushed rates on 30-year mortgages below the 6 percent mark for only the second time in more
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