All Real Estate Investing Blog Posts (590)

30-year fixed-rate mortgage: Averaged 5.05 percent with an average 0.7 point for the week ending February 10, 2011, up from last week when it averaged 4.81 percent. Last year at this time, the 30-year FRM averaged 4.97 percent.



The 15-year fixed-rate mortgage: Averaged 4.29 percent with an average 0.7 point, up from last week when it averaged 4.08 percent. A year ago at this time, the 15-year FRM averaged 4.34 percent.



Five-year…

Costs Will Increase For Buyers Regardless Of Credit Worthiness

Case Shiller report shows a deceleration in the annual growth rates in 17 of the 20 MSAs. Housing generally leads the economy out of a recession. This time its not, housing is simply suffering. Not only is money tight but job creation is still a big hurt. In some cities, the decline over the last year was quite sharp.



David M. Blitze,chairman of S.&P.’s index committee tells the NY Times that a double-dip could be confirmed before spring. He goes on to say the series is now…

A proficient real estate investor comes from having mastered the areas of the real estate business. You have to feel the business' conditions to enhance your knowledge regarding investing. Similarly, putting one’s feet in the shoes of investors who are now making heaps of dollars out of the business can help you avoid probable mistakes once you get started. Looking for valuable instructions that can help you in the long run can also be of utmost significance. To be reminded…

Mortgage Bankers Association for the week of 01/12/2010



Market Composite Index: (loan application volume) increased 2.2 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 47.5 percent compared with the previous week



Refinance Index: increased 4.9 percent from the previous week. The seasonally adjusted Purchase Index decreased 3.7 percent from one week…

Finally a little bit of good news in the housing sector.  Bloomberg is posting that closings on "existing homes" (leaves out new construction) are up 12 percent.  That is higher than expected.  Get the full scoop here.

http://www.bloomberg.com/news/2011-01-20/existing-u-s-home-sales-jump-to-seven-month-high-as-buyers-lock-in-rates.html

From sources deep inside Fannie Mae, it appears that there are internal investigations going on regarding the signing of documents, without home-owers awareness. While investigations continue, MarketWatch has released the following.

WASHINGTON (MarketWatch) — The White House is unsure about how to go about reforming troubled housing giants Fannie Mae and Freddie Mac and a soon-to-be-released Obama administration report will reflect that uncertainty, regulatory observers were…

Seems after everything is said and done, there are more homes available than there are qualified buyers.

That makes sense, considering the banks were giving $400k loans to supermarket workers just 4 years ago.

I have seen people that are admin assistants buy $600k homes... all in order to keep up with the Jone'ses.

Here is a link to the detailed list of states that are running out of buyers. …

Mortgage Bankers Association for the week of 01/12/2010



Market Composite Index: (loan application volume) increased 2.2 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 47.5 percent compared with the previous week



Refinance Index: increased 4.9 percent from the previous week. The seasonally adjusted Purchase Index decreased 3.7 percent from one…

30-year fixed-rate mortgage: Averaged 4.86 percent with an average 0.8 point for the week ending December 30, 2010, up from last week when it averaged 4.81 percent. Last year at this time, the 30-year FRM averaged 5.14 percent.



The 15-year fixed-rate mortgage: Averaged 4.20 percent with an average 0.8 point, up from last week when it averaged 4.15 percent. A year ago at this time, the 15-year FRM averaged 4.54…

NAR Existing Home Sales



Existing home sales which are completed transactions that include single-family, townhomes, condominiums and co-ops, rose 5.6% to a seasonally adjusted annual rate of 4.68 million in November, but are 27.9% below the cyclical peak of 6.49 million in November 2009, which was the initial deadline for the first-time buyer tax credit. Median existing single-family home prices rose year-over-year in 77 of 155 metropolitan areas and fell in 76…

100% Financing + Closing Costs + Repair Funds All Rolled Into The Loan!

Ca$h For Flippers & Commercial Properties - Fast Closings!

Cash for Commercial & Investment Properties + Business Acquisitions!

These terms do not reflect on our Business Acquisitions & Commercial loans.

Please fill out our questionnaire first.

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Co-Borrowers: Accepted, Non-familial O.K.

Closing Time: 2 Weeks or…

Mortgage Bankers Association for the week of 12/8/2010

Refinance Index: decreased 1.4 percent from the previous week. This is the fourth…

30-year fixed-rate mortgage: Averaged 4.61 percent with an average 0.7 point for the week ending December 9, 2010, up from last week when it averaged 4.46 percent. Last year at this time, the 30-year FRM averaged 4.81 percent.

The 15-year fixed-rate mortgage: Averaged 3.96 percent with an average 0.7 point, up from last week when it averaged 3.81 percent. A year ago at this time, the 15-year FRM averaged 4.32 percent.

Five-year indexed…