The National Association of Realtors ® (NAR) has insisted for years, and insisted adamantly since the "bubble" started to burst, that real estate, like politics, is local. The quarterly survey of home prices that NAR released on Thursday proves this point and also indicates that, while the housing...
Update: HUD has released the new loan limits. Find your local loan limit here . President George W. Bush is scheduled to sign H.R. 5140, better known as the economic stimulus package into law on Wednesday. The package, which was passed by both houses of Congress at what looked like warp speed compared...
Lets congratulate the Bush administration, the Federal Reserve and the democrat controlled Congress. It looks like they have come up with a breakthrough approach to problem solving that may finally end the world's problems once and for all. The breakthrough came with the idea to freeze ARM rates so that...
The Mortgage Bankers Association (MBA) National Delinquency Survey released results on mortgage delinquencies and foreclosures for the second quarter of 2007 yesterday. At the end of the quarter 5.12 percent of all mortgage loans for one-to-four-units residential properties were delinquent. This is 73...