The National Association of Realtors® released the Existing-home sales figures for September, and the market is up 10% over last month. I'd say not a bad month for housing and the recovery! We certainly have a ways to go yet, but it sure is nice to keep getting positive market data. According to
...
10/25/2010
One of the widely followed indicators for U.S. construction activity rose last month to its highest level since January 2008. This report suggests that the recovery in the construction sector may have momentum, according to an architect's trade group.The September Architectures Billings Index wa
...
10/25/2010
The company behind the popular FICO scoring model has published a "What If?" series for common, specific credit missteps. If you've ever wondered how your credit score would be affected by a missed payment or a maxed-out credit card, now you can use a look-up guide to assess the probable damage.
...
10/21/2010
October 18, 2010 - Mortgage markets worsened last week in back-and-forth trading, pushing conforming mortgage rates higher on the week. Despite the uptick, however, Freddie Mac reports that rates in Idaho still managed to make new, all-time lows for the third week in a row. The benchmark 30-year
...
10/18/2010
Ok here we go, now Attorney's General in all 50 states plus the District of Columbia have launched an investigation into allegations that mortgage companies mishandled documents and broke laws in foreclosing on hundreds of thousands of homeowners. The states' attorneys general and bank regulators
...
10/13/2010
Idaho's Attorney General's office has joined other states that are investigating mortgage foreclosure documents that might just be flawed... the multi-state investigation is being lead by Iowa Attorney General Tom Miller. They will be reviewing a number of loan servicers that may have produced pa
...
10/13/2010
Starting Monday, December 13, 2010, Fannie Mae is changing its mortgage lending guidelines. For some mortgage applicants of Idaho , the loan approval process will simplify. For others, it will toughen. How you'll be affected personally will depend on your credit profile and your loan characterist
...
10/07/2010
The number of people who signed contracts to buy homes rose in August for the second straight month. The National Association of Realtors said Monday that its seasonally adjusted index of sales agreements for previously occupied homes rose 4.3 percent to a reading of 82.3. These positive figure
...
10/04/2010
For the third straight week, mortgage markets showed little conviction in the face of contrasting data. Mortgage bonds ended the week slightly better, but mortgage rates did not. Conforming mortgage rates in Idaho were up-and-down all week before ending the week with a slight worsening. The inter
...
10/04/2010
The value of a home is based on the basic economic principle of Supply and Demand. When the number of buyers exceeds the number of sellers, home prices rise. Conversely, when sellers outnumber buyers, home prices fall. There's always a opening price point for negotiation and that figure often fac
...
10/01/2010
