real estate news: Read beyond the headlines - 09/30/08 12:24 PM
The New "F-word"
As a consumer you need to do yourself a favor and STOP listening to the media! There isn't anything that will depress you faster than reading the paper or listening to the news. The word Foreclosure has been tossed around a little too much lately. It is a (8 comments)
real estate news: The New "F-Word" - 09/30/08 12:18 PM
Read beyond the headlines
The word Foreclosure has been tossed around a little too much lately. It is a recurring theme that the media never reports positive information, it only knows how to hunt for the negative information. Here are some of August's numbers based on figures from Realtytrac, Inc.
There (3 comments)
real estate news: When 777 is NOT a lucky number. This weeks forecast. - 09/29/08 04:16 PM
The Bail out of the financial markets has failed to be passed by Congress. What does this mean?
I wish I had that answer for you.... But rest assured that it will not hurt residential lending. Yes, we have less product to offer our clients now than we did a (11 comments)
real estate news: Should I lock or Float my Interest Rate? Econonomic Calendar August 25, 2008 - 08/25/08 11:06 AM
Should you lock or float? This has been the year of playing it safe and lock with out looking back since the moves in the market have not been predictable. This week is more of the same. The first issue is it is a holiday shortened week. Whenever we have (2 comments)
real estate news: Data Sharing and a National MLS - 08/22/08 02:25 PM
Data Sharing is here, A national MLS system is a real possibility
Like it or not we are getting close to having national access to MLS systems. It is likely the wave of the future especially with sites like Realtor.com.
Rumor is that NY is very close to a State wide (7 comments)
Feel a bit rusty when it comes to the Real Estate Settlement Procedures Act (RESPA)? Congress passed RESPA in 1974 to protect consumers and ensure fair competition in the mortgage shopping process. It may be time for a refresher
course, especially since the U.S. Department of (1 comments)
real estate news: THE SKY is FALLING, Foreclosure myths.... - 04/17/08 09:05 AM
Is anyone else tired of the negative media? In yesterday's Business Section under the headline: "Foreclosure Filings, Bank Repossessions surge" (In the Asbury Park Press, from the Bloomberg News service) The Article starts off with; "US Foreclosure Filings Jumped 57% and Bank Repossessions more than doubled in March from a year earlier as adjustable (8 comments)
real estate news: Rate Update - 03/22/08 12:50 PM
Mortgage rates closed the week well below 6% for the first time in a few months. It was a bumpy ride with most lenders seeing rates change 4 times a day and it was a roller coaster ride of ups and downs. The mortgage market is in the most confused state (5 comments)