January 27, 2012

Bypass the Starter Home

Bypass the Starter Home
Current low mortgage rates and moderating home prices have made it more likely for first-time home buyers to get more than they believed was affordable. Another factor is the current trend of empty nesters who are selling their homes, making it possible for young buyers to purchase them at very reasonable prices.

Low Mortgage Rates Remain Unchanged

Low Mortgage Rates Remain Unchanged
Over the past week,low mortgage rates have remained unchanged as current events had less of an impact on the markets. Freerateupdate.com’s survey of wholesale and direct lenders show that conforming 30 year mortgage rates remain at 4.625%, 15 year fixed mortgage rates are at 3.750% and 5/1 adjustable mortgage rates are at 3.000%.


NYC gets tougher on landlords over bedbugs

NYC gets tougher on landlords over bedbugs
On Tuesday, city officials announced a policy change that could leave NYC landlords facing harsher penalties for bedbug infestations.

New homes become a bad deal in weak markets

New homes become a bad deal in weak markets

Don Eyler, who has owned E and R Construction in Terre Haute, Ind., blames the banks. He says people are still interested in having a custom-built home but can't finance the purchase. A new home, the dream of many would-be buyers, makes less and less financial sense in many places.




Low Mortgage Rates Remain Unchanged

Low Mortgage Rates Remain Unchanged
Over the past week,low mortgage rates have remained unchanged as current events had less of an impact on the markets. Freerateupdate.com’s survey of wholesale and direct lenders show that conforming 30 year mortgage rates remain at 4.625%, 15 year fixed mortgage rates are at 3.750% and 5/1 adjustable mortgage rates are at 3.000%.


Selling Your Toronto Home: Why Wait for Spring?

Selling Your Toronto Home: Why Wait for Spring?
According to the Toronto Real Estate Board’s latest Market Watch newsletter, Toronto had 12,152 active real estate listings in January, 2011. Of these, 9,008 were new to the market. In January, 2008, there were 15,911 active listings, of which 11,764 were new.

NYC gets tougher on landlords over bedbugs

NYC gets tougher on landlords over bedbugs
On Tuesday, city officials announced a policy change that could leave NYC landlords facing harsher penalties for bedbug infestations.

Walmart to open convenience stores

Walmart to open convenience stores

Walmart's 183 Neighborhood Market locations — rebranded Walmart Markets — are part of the company's three-tiered push into the small-format store segment.Walmart is finally pushing forward with plans to open thousands of small stores. The goal is to have 40 locations open this year.




Renewed housing drop weighs on economy

Renewed housing drop weighs on economy
With job growth just beginning to rebound and consumers gloomy about their prospects, a “double dip” in housing could put the wider economic recovery at risk. By John W SChoen.

Low Mortgage Rates Remain Unchanged

Low Mortgage Rates Remain Unchanged
Over the past week,low mortgage rates have remained unchanged as current events had less of an impact on the markets. Freerateupdate.com’s survey of wholesale and direct lenders show that conforming 30 year mortgage rates remain at 4.625%, 15 year fixed mortgage rates are at 3.750% and 5/1 adjustable mortgage rates are at 3.000%.