refinancing: Why So Many People Are Refinancing in Today's Mortgage World - 05/25/12 07:49 AM
Today's Mortgage World
Why So Many People Are Refinancing
In this time of recovery after the market hit bottom I like to keep track of even the smallest changes in the market and its activities. Any change on a micro level could easily lead to changes on a larger scale, effecting different sectors of not only the market but also the economy. Today I viewed some statistics provided by Realty Times and found some highly intriguing news about what’s going on in today’s mortgage world. Apparently there has been an increase in mortgage refinances as the mortgage rates hit a new low.
 
According to … (0 comments)

refinancing: 2012 Delinquencies Fall to Lows: Can We Safely Extrapolate? - 05/17/12 07:40 AM
2012 Delinquencies Fall to Lows
Can We Safely Extrapolate? 

As all of you are well aware, there were many factors that contributed to the housing crash of 2007. Much of it was the banks, robo-signing, unemployment, the economy, etc. Since then there have been many changes on how the banks choose to both screen their borrowers and conduct their lending. However, since these changes began several years ago, there has not been that significant change in the mortgage world. That is until now when we now have statistics to back up the argument that changes are happening in the market.
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refinancing: The Market is Picking Up: The Raw Statistics - 05/15/12 08:18 AM
The Market is Picking Up
The Raw Statistics


My peers and I in the real estate industry have been saying for months that “now IS the time to buy!” before the market picks up this year, which we were sure it would. Well folks, here it is! We have the statistics, we have the hard evidence: the market is no longer in the slump we’ve been in since 2007!  Here in this blog are some of the raw statistics on why we think this is and why NOW, more than ever, is the time to buy before time runs … (0 comments)