Frank seeks $300 billion for FHA foreclosure-prevention help (at MarketWatch) - Rep. Barney Frank suggests a plan Thursday to enable the Federal Housing Administration to insure and guarantee refinanced mortgages that have been significantly written down by mortgage holders and lenders.

With a tolerance for risk, borrowers can still benefit from ARMs (MarketWatch) - Adjustable-rate mortgages are going over like a lead balloon these days as buyers flock to the security of fixed rates. But mortgage experts say that ARMs are still a workable financing option for some, although they are quicker to point out potential pitfalls.

Here's how home sellers can create buzz and move their listing (MarketWatch) - Curious home buyers filing through a renovated five-bedroom mid-century ranch in North Caldwell, N.J., on a recent weekend could be heard gushing over the home’s condition.

A surefire way for home sellers to get buyers' attention (at MarketWatch) - Everyone trying to sell a home in glutted markets knows what they desperately need is the attention of buyers. Here is a way to generate interest that’s at once revolutionary and plays entirely within the realty industry’s allowable practices.

First-time home buyers struggle to find down-payment money (at MarketWatch) - Prices have dropped since last year when Greg Sax bought his St. Paul, Minn., home. But the 37-year-old first-time home buyer still feels lucky he made the move when he did.

Home prices are dropping, but should first-time buyers jump in? (at MarketWatch) - Everyone likes a bargain. So it’s no surprise that as home prices fall in many markets, those who have been priced out of owning a home are beginning to take notice.

Higher conforming mortgage limits released; do you qualify? (at MarketWatch) - Seventy-one urban areas and 21 rural counties may get some relief from the mortgage credit crunch due to a temporary increase in conforming loan limits announced Thursday by the Office of Federal Housing Enterprise Oversight.

 

Rich Lecinski

Long Realty Company

Oro Valley - Tucson Arizona

520-834-4663

http://rlecinski.longrealty.com

www.ariznagreatliving.com

 

 
This post has been included in Arizona Real Estate News

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