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SB458 EXPANDED ANTI-DEFICIENCY
http://californiashortsalelawyer.com/2011/07/will-sb458-expanded-anti-deficiency-have-unintended-consequences/ The California residential real estate blogs and media have been enjoying an...
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Mortgage Rates Freefall!
As Congress and President Obama finally settled on a debt deal over the past week, mortgage rates plunged, hitting historical lows in some instances. The 30-year fixed rate, usually the most popular...
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More bad news in the Housing Market
(http://money.cnn.com/2011/08/05/real_estate/home_ownership/index.htm) As we continue to witness never before seen lows in the housing market, a source of national pride has taken a sour turn. Home...
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Housing market and the economic instability
Any ounce of hope that the housing market will stage a recovery in the upcoming months has vanished, thanks to the recent flow of bad economic news that has been making headlines over the past several...
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DOWN DOWN GOES THE MORTGAGE RATE…
Just when it seemed mortgage rates weren’t going to get any lower, they started testing new lows. In the tumultuous days following Standard & Poor’s debt downgrades, rates on 30-year fixed...
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Credit scores and Mortgage loans
One of the unusual features of the U.S. mortgage market is that borrowers are obliged to select a lender before they know the price. They have a price quote from the lender they select, and the quote...
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Owning still more profitable than renting in the U.S.
Despite the economic instability and the resulting turmoil it brought in the real estate market, buying real estate continues to be cheaper than renting in the vast majority of major U.S. cities,...
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Refinancing in today’s unstable market
Super-low mortgage rates have yet to spur a rebound in home sales, but the low rates have generated a surge in applications for refinancing as cash-strapped homeowners look for ways to cut their...
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At risk mortgages keep increasing…
In another hit to the beleaguered housing market, a report out Monday found that the number of delinquent mortgage borrowers, those who have missed at least one payment, rose during the second...
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Less foreclosures at bigger discount.
The amount of bank-owned properties and properties on the verge of being repossessed dropped by 5 percentage points from the first quarter to the second quarter, falling from 36%to 31%, according...
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