increase: Large Jump in Mortgage Interest Rates Based on Inflation Fears: Freddie Mac - 07/24/08 08:15 PM
After last week's drop, did any of you investigate locking in an interest rate? Or did you gamble on rates falling more? If you bet on the latter scenario, you lost. Today 7/24/08 Freddie Mac reported that average mortgage interest rates moved significantly higher due to inflation worries. Nationally the
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increase: Adjustable Rate Mortgage Holders Prepare for Increase in Interest Rates - 07/15/08 05:45 PM
By Bill VourazerisM-Point Mortgage Services
CITY, ST - In 2004, the Federal Reserve made it clear that short-term interest rates would be increased at a "measured pace" because of a fluctuating US Dollar, unstable oil prices and an evaluation of other economic indicators. In an effort to curb inflation, the
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increase: But Do You Need It? - 07/02/08 02:32 PM
Various House Toys Weight In...
Of course a basement waterfall and grotto is a practical and useful addition to any home. That's pretty much the only thing standing between you and the playboy lifestyle you've always dreamed about, right? But who's going to clean it? It's easy to fall in love
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increase: 5 Blogging Tips to Increase Loyal Visitors and Rank - 06/29/08 04:22 PM
I was inspired to write this after I read and commented on VagabondetteVA's 6 Things That Will Make Me Leave Your Blog post on May 23. Rather than talk about the things you shouldn't do (she's covered them), I figured I would give you some great blogging tips - what you
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increase: Bad Recession News Improves Home-Buying Conditions - 06/23/08 06:34 PM
The increase in "McMansions" is hurting the new home market because many people can't afford to buy them. In 2008, new homes were 25 percent higher in cost than existing homes, and the gap is widening. Existing homes are selling better than new homes because they are less expensive existing sellers
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increase: House Supply Down, Prices Up!!! - 06/21/08 01:51 PM
According to the Columbus Dispatch this past weekend, there are fewer homes on the market than there were this time last year AND the average price has INCREASED $2,285!!! Good to see the Dispatch sharing some positive news (though it was buried in the bottom corner of the page).
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increase: Freddie Mac Says: Mortgage Interest Rates Again Move Higher. 15 Fixed-Rate Now Above 6%! - 06/19/08 05:54 PM
Today 6/19/08 Freddie Mac reported that after last week's substantial jump, average mortgage interest rates again moved higher. Less than a month ago I was reporting that 30 year fixed-rate interest was below 6%. For the first time in quite a while the average interest for 15 year fixed-rate mortgages
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increase: Staging Your Condo For A Quick Sale - 06/17/08 05:54 PM
In this housing slump, sellers have increasingly been hiring professional stagers to improve the look and feel of their D.C. condo before putting up that "For Sale" sign. Stagers are design professionals who organize, decorate, and clean a property to make it more inviting to house-hunters. Don't confuse Accredited Staging Professionals
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increase: Great News! Oil Production to be raised...? - 06/16/08 07:43 AM
I heard on the news today that Saudi Arabia is considering boosting its oil production by 200,000 barrels! I guess they're finally listening to complaints...
I know, it's really not that much of an increase, but, I think that every little bit helps. Actually, what we really need is to drill for our
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increase: Uh-oh!! Mortgage Interest Rates Take a Big Jump This Week! - 06/12/08 03:17 PM
It was not too long ago when I warned everyone several times that at some point either home prices or mortgage interest rates would start to go up, perhaps fast. Well, today 6/12/08 Freddie Mac reported that the average mortgage interest rates for 30 and 15 year fixed-rate loans had
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increase: Get More Business... - 06/08/08 01:02 PM
How do you get more business - some very good agents have had a not-so-good year...or even YEARS as we've been in this shifting market.
It's been tough, there's no getting around that. I'm realistic - but I'm also NOT listening to all the negative stuff from the media. What I
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increase: Landscaping is Crucial to Both Buyers and Sellers - 05/30/08 06:20 PM
Spring is a good time in New Jersey for homeowners to prepare to sell their homes, because many families hope to buy and move in near the end of the school year when children have their summer vacation. Fortunately, spring is also an optimum time for both buyers and sellers to
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increase: Average Mortgage Interest Rates Move Upward on Inflation Fears: Freddie Mac - 05/29/08 12:57 PM
Today 5/29/08 Freddie Mac reported that after several weeks of downward movement of mortgage interest rates and with the average rates below 6% last week, mortgage interest rates for both 30 and 15 year fixed-rate loans have moved upward once again. Nationally the average mortgage interest rate for 30 year
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increase: Mortgage Interest Rates Continue to Edge Upward Despite Fed Rate Cut, Says Freddie Mac - 05/01/08 07:24 PM
Today 5/1/08 Freddie Mac reported that for the second week in a row average mortgage interest rates for 30 and 15 year fixed-rate loans have moved upward a bit. Nationally the average mortgage interest rate for 30 year fixed-rate mortgages was 6.06% (6.02% in the southeast), up from 6.03% a
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increase: Freddie Mac: Interest Rates Rise! Did You Get Caught? - 04/24/08 06:20 PM
Today 4/24/08 Freddie Mac reported that after several weeks of no upward movement of mortgage interest rates and with the average rate well under 6%, average mortgage interest rates for 30 and 15 year fixed-rate loans have moved upward once again. Nationally the average mortgage interest rate for 30 year
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increase: Great Webinar! Keeping the price increase down! - 04/16/08 08:51 PM
Great Webinar! Keeping the price increase down! For all contracts being returned in a week, we will honor the current price of $125,900 for the Jasmine. The price increase is coming soon. If you want that price increase to be your enhanced equity, then don't wait. I am looking forward to helping you build
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increase: Mortgage Fraud Up 42%, But More Fraud Is Caught Prior To The End of Transactions - 04/06/08 04:18 PM
The Financial Crimes Enforcement Network last week released a report that indicates that suspicious activity has been on the rise nationwide. There was a 44% increase in 2006. In 2006, there were 37,313 mortgage fraud SARs filed. The final total for mortgage fraud SARs filed in 2007 was 52,868, an
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increase: Average Mortgage Interest Rates Creep Upward Says Freddie Mac - 04/03/08 07:19 PM
Today 4/3/08 Freddie Mac reported that the average mortgage interest rates for 30 and 15 year fixed-rate loans have begun to move upward once again. Nationally the average mortgage interest rate for 30 year fixed-rate mortgages was 5.88% (5.86% in the southeast), up from 5.85% a week ago. The average
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increase: Weekly Magalia Real Estate Update - 03/20/08 12:01 PM
Slowly but surely, things are starting to pick up in the Magalia real estate market. Over the last few weeks, we have seen a very gradual increase in activity from week to week. This past week was no different, with 5 Magalia properties going under agreement and another 6 Magalia properties
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increase: Mortgage Professionals: The answer to Float or Lock today - 03/17/08 04:35 PM
A wild weekend spilled over into today. Many of you showed up with great rate improvements and if you are deciding to float or lock today, I say float into tomorrow AM IF you haven't had a mid day (today 3/17) price change. With a strong showing on MBS's and the
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increase: Freddie Mac: Follow the Bouncing Interest Rates, Up We Go Again - 03/13/08 07:29 PM
Today 3/13/08, after a drop last week, Freddie Mac reported that the average mortgage interest rates for 30 and 15 year fixed-rate loans moved upward again. Nationally the average mortgage interest rate for 30 year fixed-rate mortgages was 6.13% (6.08% in the southeast), up from 6.03% a week ago. The
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increase: FHA Moves to the forefront in lending again - 03/13/08 01:11 AM
FHA moves to the forefront in lending again The past couple weeks have seen significant news for Mortgage holders, lenders, and banks. Loan amount increases are official (for details click here) for FHA, FNMA, & Freddie Mac loans. This will help hundreds of thousands of US homeowners get lower rates for
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increase: Economic Stimulus Plan Increases Loan Limits For Homebuyers! - 03/08/08 12:33 PM
A News Series from Coldwell Banker Real Estate LLC Highlighting Real Estate Tips ECONOMIC STIMULUS PLAN INCREASES LOAN LIMITS FOR HOMEBUYERS More Options Now Available for Consumers Looking to Buy, Sell or Refinance Homes PARSIPPANY, N.J. (March 5, 2008) - President Bush recently signed a new economic stimulus bill into effect. But many people
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increase: NEW Spokane Kootenai County FHA Loan Amounts! - 03/07/08 04:33 PM
There has been a lot of talk about the FHA loan amount increase and on 3/5/08 HUD released the new FHA loan amounts. Below is a grid that details out how Spokane and Kootenai County are shaping up. Conforming Jumbo amounts remained unchanged. Good news for "iffy" credit and low down
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increase: North Texas Market is Coming back strong! - 02/26/08 04:41 PM
Despite the mortgage industry flop this summer. And the media scaring the pants off of buyer the market is picking back up in North Texas. Since December, which is typically the slowest month of the year buyers have been coming back. Homes went from averaging sixty days on the market to
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increase: How is the recent passage of the stimulus package going to effect the market? - 02/26/08 04:32 PM
First, the smart buyer will use the tax rebates to buy down their interest rates for the life of the loan. More importantly, the increasing of the conventional and FHA loan limits will provide a much needed boost to demand in the higher ranges, which have slowed dramatically since the drying
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increase: NEED SOME IMMEDIATE SALES? TRY THIS SIMPLE METHOD!! - 02/26/08 10:00 AM
I am one of those guys who likes simple. Why? Simple is easySimple is inexpensive Simple can be given to your employees to take advantage of.Here's an idean I got from Tim Braheem at loantoolbox.com that I have used for some amazing success. Here's the drill to get your phone ringing!! Each and
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increase: Average Mortgage Interest Rates Jumps Above the 6% Level, Says Freddie Mac - 02/21/08 02:18 PM
Today 2/21/08, Freddie Mac reported that the average mortgage interest rates for 30 and 15 year fixed-rate loans moved upward again. Nationally the average mortgage interest rate for 30 year fixed-rate mortgages was 6.04% (5.97% in the southeast), up from 5.72% a week ago. The average interest rate for 15
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increase: City of Chicago Property Transfer Taxes Consider Another Hike! - 02/19/08 06:15 PM
OK I need to vent (again). Did you read the Chicago Tribune today an article that revealed some discussion going on at the Department of Revenue pondering how they can squeeze more out of the Chicago home buyer. Recently I vented what a bad policy it was to tax buyers 40%
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increase: Freddie Mac: Mortgage Interest Rates Increase, But Just Slightly - 02/14/08 08:46 PM
Today 2/14/08, Freddie Mac reported that the average mortgage interest rates for 30 and 15 year fixed-rate loans moved slightly upward. Nationally the average mortgage interest rate for 30 year fixed-rate mortgages was 5.72% (5.68% in the southeast), up from 5.67% a week ago. The average interest rate for 15
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increase: 6 Options When Facing Foreclosure - 02/09/08 11:21 AM
Put away those credit cards and stop charging if you are facing foreclosure. Contact your lender immediately and put yourself on a budget quickly. Monitor your finances until your other debts are paid off so you do not get into the same situation in the future. Whatever decision you make get
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increase: Upgrade Your Rentals And Get Higher Rents - 02/09/08 02:24 AM
Buildings that are held for rental income must be kept up to the standards of the newly built properties in order to maintain the maximum cash flow. A recent survey gave information about what is being done in modernization projects, and for what reasons. Here are some of the findings:• Among
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increase: FREE CREDIT ANALYZER! - 02/08/08 11:45 PM
Do You want to know what to do in order to increase your credit score 1-100 points? Go To WWW.SOUTHWESTMORTGAGEPARTNERS.COM click 'CREDIT REPORTS' and get your INSTANT credit report and your FREE credit analyzer. The credit Analyzer is a $25.00 value now FREE for a limited time only. With the credit Analyzer you
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increase: Didn't I Warn You Last Week?? Freddie Mac Average Mortgage Interest Rates Went Up This Week - 01/31/08 06:29 PM
I could say " I told you so", but I won't. Today 1/31/08, Freddie Mac reported that the average mortgage interest rates for 30 and 15 year fixed-rate loans moved higher after several weeks of big drops. Nationally the average mortgage interest rate for 30 year fixed-rate mortgages was 5.68%
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increase: President Bush and Congress’ economic stimulus package effect on the OC housing market - 01/26/08 08:01 PM
Interest rates have dropped substantially in recent weeks and are reaching historic lows. President Bush and Congress' economic stimulus package that they are pushing through at warp speed will not only put checks into taxpayers pockets around May of this year, it will also include an increase to the conforming loan
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increase: Big Girls Don't Cry Over the Interest Rates Rising this Afternoon! - 01/23/08 04:07 PM
Now, now, don't cry. Yes, the interest rates seemed to have darted upward this afternoon. Some lenders sent e-mails notifying of price changes not once, not twice, but four times!! However, although the interest rates took a swing upward, let's ride this wave out. It's normal to have a ripple effect, especially right
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increase: Quick Everyone! Get On The Assessor's Web Site! - 01/11/08 06:52 PM
Ok, so sick of all of the doom and gloom about the market and how things are soooooo terrible. I'm trying to encourage some of the newbies and some of the oldbies, too. So, many times I ask the question..."do you see any homes in your neighborhood priced at what they
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increase: 30 Year Fixed-Rate Mortgage Interest Up Slightly, 15 Year Fixed-Rate Mortgage Interest Unchanged - 12/28/07 08:19 PM
Yesterday 12/27/07, Freddie Mac reported that the average mortgage interest rates for 30 year fixed-rate loans were up just a bit and 15 year fixed-rate interest rates remained unchanged. Nationally the average mortgage interest rate for 30 year fixed-rate mortgages was 6.17% (6.17% in the southeast), up from 6.14% a
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increase: Getting Into Home Improvements with Your Client - 12/26/07 11:19 PM
Over the past couple of years, equity has been extremely accessible to our clients. Times in our industry are changing with regard to guidelines and lending ability. However, that shouldn't distract your from creating a relationship with your refinance clientele. I have touched on the refinance with debt consolidation clients in
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increase: Comparing Politics and Real Estate - 12/18/07 09:22 PM
While working on my statistics for my post at Realty Times, I was listening to some discussion of politics on the radio. I thought back to some of the maps that were being bandied about after the last election. Blue States, Red States were the focus of all the discussions. But then
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increase: Phase 1: First Contact with Your Client - 12/14/07 07:05 PM
Whether your client has called in, submitted something on the internet in the form of a paper lead, or is a referral they all want to know two things: rate and payment. Right? It's our job in the mortgage banking and loan origination industry to shift our client's focus from rate to
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increase: Cost Segregation Studies and Passive Activity Losses - 11/29/07 12:59 PM
What is a passive activity and how has it blindsided many investors looking to take advantage of cost segregation? For real estate investors, a passive activity is one in which the owner of the real estate does not materially participate in the profession of real estate investments. In fact, any
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increase: Free hidden Money Trapped in your Building. - 11/29/07 12:55 PM
As year-end tax planning begins, many tax benefits are missed and overlooked. A cost segregation study could be the best tax advantage most often overlooked. Consideration of such a study could be the most profitable tax benefit available to the savvy business owner. A cost segregation study allows a real
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increase: Energy Policy Act Brings New Tax Incentives for Real Estate Investors. - 11/29/07 12:48 PM
Your real estate clients may be eligible for a tax deduction of up to $1.80 per square foot for improving the energy efficiency of their existing commercial buildings or designing energy efficiency into new buildings. The Energy Policy Act of 2005 is a very important new tax act for building owners.
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increase: House Prices Increase Moderately in Vancouver, Victoria: BCREA - 11/21/07 09:47 AM
Home Prices Increase Moderately in Vancouver, Victoria: BCREANews Release from the BC Real Estate Association:For immediate releaseHome Prices Rise Modestly in Vancouver and Victoria Vancouver, BC – November 21, 2007. British Columbia Real Estate Association (BCREA) reports residential sales volume on the Multiple Listing Service® (MLS®) in BC climbed 23.5 per
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increase: Caught With Your Flip Down? - 10/30/07 04:35 PM
Upside-down on your flip right now? This is what I'm telling my clients to do... It's a crazy, unpredictable cycle we're in. I saw it coming, so I slowed my flippers into "buy and hold" mode several months back, but some of them are caught in this nasty downturn "mid-flip", so what CAN
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increase: Will Calgary Real Estate Continue to Appreciate? - 10/25/07 12:16 PM
I've been bullish on Alberta Real Estate. A client recently asked me about the Royalty Review, the current flat and depreciating market, and why I think prices will continue to increase in Calgary. Here's my response. In 2006 prices increased 37% In 2007 ... to date ... prices have increased 24%. (Isn't this amazing ...
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increase: Market Report: Where Do Sale Prices Go Next for Monmouth County? - 10/19/07 01:57 PM
October 19, 2007 Information provided by: Andrew J. Lenza, ABR GRI MBA If you bought your single family home in 1997 how much did it appreciate? Hey, I've got a chart for that, too. Based upon MLS listing data ... The short answer: 159% That's right. In 1997 the average single family home in
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increase: Despite Federal Reserve Rate Cut, Freddie Mac's Average Interest Rates Rise Slightly - 09/20/07 02:52 PM
Today 9/20/07, Freddie Mac reported that the average mortgage interest rates for 30 and 15 year fixed-rate loans went up very slightly, despite a cut in the Federal Reserve's key interest rate 2 days ago. Nationally the average mortgage interest rate for 30 year fixed-rate mortgages was 6.34% (6.27% in
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increase: Should We Still Fix and Flip in the Colorado Springs Market? - 09/07/07 04:38 PM
People are fixing. People are flipping. People are investing and outvesting and trying thier best to make money in this strange and wonderful market cycle. Some choose to take my advice and "buy low/sell high", (fix and hold), but there are those few daredevil die-hards who can't resist a good deal
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increase: Gasoline #@%!! (urghhhh) - 09/05/07 01:34 PM
Ok, so I just need to vent on this one. I didn't purchase gas in the morning, cause I was running late, figured I'd get it later in the afternoon. Well, wouldn't you know that by 4:30 the price had gone up 35 cents. That is a drastic increase. As an
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increase: Dr. Increase - 08/17/07 11:18 AM
I went through a divorce early spring of 07 which left me devastated emotionally financially and spiritually. I was so depressed that it was hard to go on. I found that I was having a hard time concentrating on work my kids my bills as a matter of matter of fact
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increase: Freddie Mac: Mortgage Interest Rates Climb Slightly - 08/16/07 03:56 PM
Today 8/16/07, Freddie Mac reported that the average mortgage interest rates for 30 and 15 year fixed-rate loans rose slightly. Nationally the average mortgage interest rate for 30 year fixed-rate mortgages was 6.62% (6.57% in the southeast), a rise from 6.59% a week ago. The average interest rate for 15
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increase: Pasco County School Board Considering Large Increase For Impact Fees - 08/15/07 01:34 PM
At our weekly office meeting it was reported that the Pasco County School Board is asking to raise the impact fees for a new single-family home to$10,477. This is more than double the present fee. Impact fees are used to offset the impact of new homes in the area. There
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increase: Make This Market Work For You...Fix And HOLD In Colorado Springs - 08/10/07 02:11 PM
Seeing a sign like this makes you say, "DUH", right? Well...just like you can be sure there's water on the road when it's raining, you can be sure that you can find a great deal in real estate when the market is leveling or declining! You could imagine another sign that says,
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increase: NAR: June Pending Home Sales Index Shows Market Improvement - 08/02/07 05:46 PM
WASHINGTON, August 01, 2007 - A forward-looking indicator based on pending home sales shows the market is likely to stabilize in the months ahead, according to the National Association of Realtors®. The Pending Home Sales Index*, based on contracts signed in June, was 5.0 percent higher from the downwardly revised May index of 97.5, but
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increase: Upstate Investment Group, LLC - Processing Service - 08/01/07 06:33 PM
Stop wasting time on mountains of paperwork and focus on what makes you the most money ... Are you losing time, and even sleep because you don't have enough time to develop new business? Are you spending more time doing paperwork on sold deals than you are on marketing? Is it becoming
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increase: 3 Simple Tricks To Increase a Credit Score - 07/29/07 10:19 PM
We all want perfect credit and the benefits that go along with it. But for so many a good credit score escapes them for one reason or another. There are however simple tricks you can use to increase your credit score.The first trick is quite simple and can be accomplished with
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increase: Increasing a Homes Value - 07/29/07 09:09 AM
Everyone home owner wants to increase home value, and one way to do this is to tend your house with care. Always remember in order to increase home value that first impressions are very important. While the price of your home is largely determined by market conditions, there are steps you
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increase: Tri Cities Area Employment Increase - 07/09/07 07:51 PM
Area job growth and continued positive regional housing market for years to come. DOE OKs new price tag for vitrification plant.
Tri City Washington ~ The Department of Energy has approved the new estimate for Hanford's huge vitrification plant after adding $57 million to the price tag.
That brings
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increase: Nationwide Increases - 07/02/07 05:42 PM
Here are some statistics about increasing in certain cities, Phoenix made the list - 2005 :) According to population estimates released by the U.S. Census Bureau in early April, the Atlanta metro area gained 890,000 residents from April 1, 2000, to July 1, 2006, the largest numerical gain of the nation's 361 metro
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increase: Fair Issac to Revise FICO Credit Scoring - 06/04/07 02:15 PM
I was reading an interesting article in The Seattle Times about the practice of people getting instant credit repairs, to qualify for lower interest home loans. The article 'Credit scorer aims to end 'rental' of good ratings' notes how people are temporarily added as authorized users on credit cards of people
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increase: Real Estate Transfer Tax Increase in Ilinois Pending in Senate-SB 445 - 05/22/07 09:31 PM
Oppose the Real Estate Transfer Tax: SB 445 proposes to increase real estate transfer taxes by nearly $99 million with proceeds marked for affordable housing, open space and natural areas. This is an unnecessary tax increase on homeowners, farms, and businesses. Call your Senator and urge a NO VOTE.
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increase: Maine real estate marketing getting hot! (putting on oven mitts) - 05/13/07 05:20 AM
As Joe Maine broker feeds the Statewide MLS with a new listing, he notices the six digit code number of his latest entry. A couple hours later after the mail lady comes into the parking lot on two wheels with a bag that would rival Santa, another two listings are back.
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increase: Mortgage Applications rise - 3 weeks straight - 05/09/07 09:13 AM
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increase: Real Estate/Mortgage Professionals - Increase your income by 25% - 03/15/07 01:09 PM
This brand new program will help you and/or your clients out. Many real estate agents and loan officers are offering the program to their clients as a value added service. Investors are utilizing it to skyrocket their equity. It is a great way for you to keep in touch and build
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increase: Most Expensive Home Sales In 2006 - 12/30/06 04:18 PM
Forbes.com announced announced this year's most-expensive residential real estate transactions. 2006 Was a banner year for those Agents dealing with sales of high-end homes. The average price of a home on their top 10 list increased more than 10% from 2005's $36 million average; more than 55% from the 2003 average. Of course, the priciest
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increase: Hood Rivers sale prices UP 25% from 2005, Cascade Locks 48%! - 11/28/06 02:14 PM
According to our recent records (per the RMLS) we have shown sales prices in Hood River for 2006 are up 25% from 2005! Cascade Locks leads the pack with gains of 48%. Take a look:
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increase: Reciprocal Linking: Quality vs. Quantity - 09/15/06 10:59 AM
A reciprocal link, by definition, is an exchange of links between two or more websites. Reciprocal linking is the single most important tool in building website popularity. When your site has many high quality links, it will enjoy higher rankings in the major search engines. This article's purpose is to guide
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increase: Sales might be leveling out! - 08/07/06 01:12 PM
The opinion stated in this blog is based on the opinions of the National Association of Realtors. A leading indicator of existing-home sales edged up 0.4% in June, and it could be a sign that sales are leveling off after a 10% decline since last summer. The NAR's pending sales index
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