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Real Estate Industry News

Real Estate Industry News

Mortgage brokers to be fingerprinted, registered

Mortgage loan originators will have to be fingerprinted and sign up to a central registry to do business in future, according to new rules.Mortgage loan originators will have to be fingerprinted and sign up to a central registry to do business in future, according to new rules issued by the Federal Reserve and other regulators.


( Thu, 29 Jul 2010 14:36:46 GMT )
Foreclosure activity rising in most metro areas

Demonstrators, whose homes are under foreclosure or lost their homes to foreclosure, holds signs during a foreclosure rally in front of JP Morgan Chase Bank in Oakland, Calif., Wednesday.Households across a majority of large U.S. cities received more foreclosure warnings in the first six months of this year than in the first half of 2009, new data shows.


( Thu, 29 Jul 2010 15:42:02 GMT )
Mortgage demand dips on rising rates
Home loan demand cooled last week as rising mortgage rates curbed refinancing requests that had soared to a 14-month high, the Mortgage Bankers Association said on Wednesday. ( Wed, 28 Jul 2010 18:56:14 GMT )
Twin Cities top list of best for working moms

The Twin Cities of Minneapolis and St. Paul were able to take the top spot when working moms' earnings were given an increased weight in the ranking.For the second year running, ForbesWoman has gathered the data and crunched the numbers to determine the U.S. cities that offer the most to working moms.


( Thu, 29 Jul 2010 16:54:53 GMT )
May home prices up, but no sustained recovery

Single-family home prices rose more than expected in May, reflecting robust spring sales spurred by homebuyer tax credits, new S&P/Case Shiller data show. Single-family home prices rose more than expected in May, reflecting robust spring sales spurred by homebuyer tax credits, new S&P/Case Shiller data show.


( Tue, 27 Jul 2010 15:26:46 GMT )
Home shoppers taking fresh look at renting

Joanne and Mark Cleaver lost two-thirds of their equity when they sold their home after six years. “It definitely soured my view of home ownership,” Mark Cleaver says.As the real estate market has turned, so, too, has the real estate consumer. Many adults are no longer sold on the merits of owning a home.


( Tue, 27 Jul 2010 14:43:37 GMT )
New home sales up, but sales remain slow

Sales of new U.S. single-family homes rebounded in June from the prior month's record low.For those seeking hope in the better-than-expected 23.6 percent jump in new home sales in June: it's only one month's data.


( Mon, 26 Jul 2010 18:52:14 GMT )
Home sales tumble 5.1 percent in June

A sign marks a house for sale by the owner in the Capitol Hill neighborhood in Washington.Sales of previously occupied homes fell in June and are expected to keep sinking, indicating that the housing market's troubles are likely to drag on the economic recovery.


( Thu, 22 Jul 2010 15:22:34 GMT )
Mortgage volume rises, boosted by low rates
Applications for home loans rose last week as rates on 30-year and 15-year fixed-ate loans sank to the lowest levels on the survey's record. ( Wed, 21 Jul 2010 14:50:28 GMT )
 
 
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