| |
foreclosure: Loan Modifications and high rate of default raise concerns by GOP Lawmakers - 02/25/09 01:26 PM
GOP lawmakers take issue with loan modificationsConcerns raised by about bill to let bankruptcy judges alter mortgages Originally posted on my blog at blog.pdxloan.com By Ronald D. Orol, MarketWatchLast update: 6:14 p.m. EST Feb. 24, 2009WASHINGTON (MarketWatch) - Citing recent statistics about high re-default rates on reworked home loans, Republican lawmakers expressed concerns Tuesday about the viability of a new Obama administration plan to modify mortgages for troubled homeowners."It is important that we have statistics and knowledge that there are high re-defaults on modified mortgages, but in fact these reports actually reinforce a lender's resolve not to modify," said Rep. Kenny Marchant, … (1 comments)
|
foreclosure: How Housing Prices Performing In Long Run? in 01/06/09 Real Estate, Mortgage, Market & Economic Report - 01/06/09 12:05 PM
Below is today's Real Estate Report, Economic Commentary and Mortgage Rate Review, courtesy of blog from Ed Bisquera, Mortgage Consultant to Oregon & Washington (Vancouver, Washington & Portland, Oregon metro areas).
January 6, 2009
The Big Question - How Are Housing Prices Performing?
In the past week we gave some perspective regarding how housing prices have performed in the long run. Despite the recent precipitous drop in prices, housing as an investment performs strongly when you look at the big picture. On the other hand, we can’t ignore the fact that prices have fallen significantly in the … (0 comments)
|
foreclosure: 2.0% Rates? in Dec 30, 2008 Real Estate Report Portland Oregon & Vancouver Washington-Economic commentary, Mortgage Rates and News - 12/30/08 06:25 PM
December 30, 2008
Happy New Year - Have a Safe Time Ringing In 2009
by Ed Bisquera
For those worried about the economy and their investments, it may not seem like a very happy New Year. However, it is times like these that we should stop and reflect upon our long-term blessings. Worried about home prices going down? Yes, median prices were down to around 180,000 last month. This drop was over 13.0% in one year and represented the largest one-year plunge since the depression. Would you like some perspective? Median home prices were approximately $80,000 in 1990. In other words, … (0 comments)
|
foreclosure: 2.0% Mortgage Rates? in Dec 23, 2008 Real Estate Report Portland Oregon Economic commentary, Mortgage Rates and News - 12/30/08 06:14 PM
… (2 comments)
|
foreclosure: Dec 16, 2008 Real Estate Report Newsletter for Portland Oregon & Vancouver Washington Economic commentary, Mortgage Rates and News - 12/30/08 06:05 PM
Five or 10 years from now, when the financial crisis has ended and housing prices are up smartly once more, we will look in the rearview mirror and realize that we missed a golden age for first-time home buyers. Then, everyone who sat on their down payment savings accounts for a few years too long will kick themselves for not taking advantage of what may turn out to be the buying opportunity of a lifetime for those who can qualify for a mortgage. Unfortunately, we do not know when this golden age will begin, because we will be able … (0 comments)
|
foreclosure: 4.5% A Reality?: 12/16/08 Real Estate Report for Washington & Oregon - 12/17/08 12:57 PM
...from The Desk of Ed Bisquera Mortgage Express
The 4.5% Solution
Nothing gets the markets more excited than the government talking about lowering rates to record levels. Ever since the Treasury floated a plan that would have the government buying loans at 4.5%, it has caused a stir that we have not seen for some time in the real estate markets. Many questions remain. For example, who would be eligible for these loans? Preliminary information would indicate that these loans would be for purchases only. The government could also restrict these loans to those with good credit, first-time buyers and/or low-to-moderate … (0 comments)
|
foreclosure: The 4.5% Solution and Real Estate Investing in next 5-10 years... - 12/17/08 12:08 PM
Five or 10 years from now, when the financial crisis has ended and housing prices are up smartly once more, we will look in the rearview mirror and realize that we missed a golden age for first-time home buyers. Then, everyone who sat on their down payment savings accounts for a few years too long will kick themselves for not taking advantage of what may turn out to be the buying opportunity of a lifetime for those who can qualify for a mortgage. Unfortunately, we do not know when this golden age will begin, because we will be able … (0 comments)
|
|
|
|
|
|
Ed Bisquera
Vancouver,
WA
More about me…
Ed Bisquera | 360-597-8283 | Bond Social Media
Address: 1001 Main St Suite A, Vancouver, WA, 98660
Cell Phone: (360) 597-8283
Email Me
 Links
Archives
|
;)
;)
