A recent survey suggests jobs and housing will be the top issues on voter’s minds in 2012. The National Association of Realtor’s consumer website houselogic.com asked consumers what issue area will most impact their vote in 2012. More than half of all respondents 54% identified jobs and unemployment as their top concern as they head [...]
Freddie Mac recently released the results of its Primary Mortgage Market Survey®, showing mortgage rates easing to new all-time record lows for all products covered in the survey helping to keep homebuyer affordability high. The average for the 30-year fixed mortgage rate has been below 4.00 percent for six consecutive weeks. The survey concluded that [...]
HomeGain.com, an online real estate resource that connects home buyers and sellers with real estate professionals, announced the results of its For Sale By Owner (FSBO) vs. REALTOR survey. HomeGain surveyed over 1,000 homeowners asking whether they used a REALTOR to sell their home or whether they attempted to sell it themselves. Eighty-three percent said [...]
Foreclosure is every homeowner’s worst nightmare. However, there is no need to panic! Here are ten suggestions to avoid foreclosure, both now and in the future. 1. Don’t ignore the problem. The further behind you become, the harder it will be to reinstate your loan and the more likely that you will lose your home. [...]
The housing spending gap between owners and renters is growing. According to the October Core Logic US Housing and Mortgage Trends, renters now spend 5% more of their monthly budgets on housing costs than homeowners. And as rents rise, the gap is expected to widen. Since 1985, housing expenses have taken up 12% more of [...]
Mortgage applications decreased 2.6 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending December 16, 2011. The Market Composite Index, a measure of mortgage loan application volume, decreased 2.6 percent on a seasonally adjusted basis from one week earlier. On an unadjusted [...]
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