Fixed-Rate Mortgages Unchanged While ARMs Are Mixed
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS). The 30-year fixed-rate mortgage rate and the 15-year fixed-rate were unchanged; shorter-term rates were mixed.

Existing-home sales rose 7.6% in August
Sales of previously occupied homes rose last month, but not enough to keep August from being the second-worst month for sales in more than a decade.


United States – Shrubs – Plants – Business – Roses

Sponsored By:

Plan launched to help ‘underwater’ borrowers

The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth.

Foreclosure – Presidency of Barack Obama – Jump start – Business – United States

Life Inc.: Housing passes childcare as reason for stress

Employers are increasingly stressed about housing problems, based on calls to a major provider of employee assistance programs, sometimes known as EAPs.

Employee Assistance Program – Employment – Stress – Business – Human resources

Squatters move into upscale neighborhoods

Actor Randy Quaid, arrested after he was found living on a property he once owned, is not alone in his post-bubble trouble. Reports of high-end “mansion-squatting” are growing more common.

Randy Quaid – Squatting – Sheriff – California – Government

The Property Search Delta – Part III
The real estate consumer has a dizzying array of websites that provide them with access to real estate listings. There are numerous third party websites, as well as national real estate franchise sites and local real estate company websites. Consumers likely assume that all of these sites provide updated, accurate and complete information. Unfortunately this isn’t the case. Part III of III.

Life Inc.: Home for sale: Reduced to move!
Increasingly home sellers are finding they have to cut their asking price. Nearly half the homes on the market in August had at least one price reduction.


Ask price – Real estate – Business and Economy – Business – Canada