Beach-house bargains

ARTICLE TOOLS: Email article Printable view IM article Save to del.icio.us Bookmark Thanks to the real estate crash, these days you might just be able to afford that condo by the ... More... (Real Estate News)
Add a Comment , March 23rd, 2008

Interest rate cuts attempt to prod nervous lenders to help US housing market

The battered housing market in the United States has gotten some good news from Washington recently. On Tuesday of this week the Federal Reserve cut key interest rates down to 2.25%. This rate cut, and ... More... (Mortgage Interest Rates, Mortgage Lender & Broker News)
Add a Comment , , March 21st, 2008

Housing Market Tracker - Subprime Takes Out Bear Stearns

Quotes of the Day "It is a serious extension of putting the Federal Reserve's balance sheet in harm's way. That's got to tell you the economy is in a pretty precarious state.'' - Vincent Reinhart, former ... More... (Mortgage News, Real Estate News)
Add a Comment , , March 18th, 2008

U.S. mortgage mess creeps north

Non-prime home lenders hit by trouble securing financing; new opportunities for big banks The effects of the U.S. subprime crisis are showing up on the fringe of the Canadian mortgage business, even though mainstream lending and ... More... (Foreclosure News, Education, and Updates, Mortgage Education, Mortgage News, Real Estate News)
Add a Comment , , , March 14th, 2008

Housing Market Tracker - Subprime Sinks Prime Mortgage Market

Subprime Fallout The Next Shoe To Drop In Housing. "The credit crunch has finally hit the traditional mortgage market. Investors are now shunning mortgage-backed securities issued by government sponsored enterprises Fannie Mae (FNM) and Freddie Mac ... More... (Mortgage News, Real Estate News)
Add a Comment , , March 14th, 2008

Fed plan not a housing, mortgage market cure

NEW YORK (Reuters) - A central bank plan to infuse the financial system with new cash is a temporary fix for the debilitated U.S. mortgage bond and housing markets, but not a cure. The program announced ... More... (Mortgage News, Real Estate News)
Add a Comment , , March 12th, 2008

Pols: Govt Here to Help, Not Bail Out

WASHINGTON (AP) — Bailout is a dirty word in the nation's capital. Lately, efforts by both Democrats and Republicans to clean up the housing mess are getting sullied with the b-word. An inappropriate use of taxpayer ... More... (Mortgage News)
Add a Comment , March 3rd, 2008

Housing Woes Put Bush, Hill At Odds

White House Opposes Use of Tax Dollars Congressional leaders yesterday gathered support for aggressive changes to bankruptcy laws that would help troubled homeowners, even as the Bush administration threatened to veto the plan and emphasized its ... More... (Mortgage News, Real Estate News)
Add a Comment , February 27th, 2008

Housing Market Tracker - Featuring: Countrywide Foreclosure Tours!

Foreclosure Data New Md. Rules Aim To Aid Those Facing A Risk of Foreclosure. "Citing an "alarming" rate of mortgage foreclosures in Maryland, Gov. Martin O'Malley announced emergency regulations yesterday requiring loan service companies to tell ... More... (Foreclosure News, Education, and Updates, Mortgage News, Real Estate News)
Add a Comment , , , February 21st, 2008

Housing Market Stimulants

Last week, the Bush administration issued two remedies for a badly ailing housing industry: a provision in the stimulus package for Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE) to begin (temporarily) accepting so-called ... More... (Uncategorized)
Add a Comment , February 21st, 2008