latest news
Interest Rates Motivate Refinancing Over Buying
The Mortgage Bank Association reports that loan applications went up by 23% last week. This is an overwhelming increase but it does not come as a surprise considering the extremely low interest rates. The rates are at a record low of close to 3% on a 30-year fixed mortgage, in most cases. In 1981, rates [...]
Foreclosure Rates Lowest Since 2007
According to a recent report from RealtyTrac (a foreclosure listing firm), foreclosure rates are at their lowest since 2007. “Total filings, including default notices and bank repossessions were down 33% for the year to 2.7 million”. In 2011, 1.9 million homes were filed for foreclosure last year which is a good improvement from 2010 (down [...]
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featured
- New Listings at Angel Lynn Realty!
- 280 Russo Commons is Off The Market!
- Congratulations to the New Owners of 2674 Meadowlark Circle!
- Dealing with Deficiency Judgment in Foreclosure during a Divorce
- Having Troubles with Mortgage Deficiency?
- Deficiency Judgment Bill
- Should I do a Short Sale?
- The Truth Behind Loan Modifications and Frustrated Home Owners
