NEW YORK -- The average rate on 30-year fixed mortgages rose this week to the highest level in seven months, reflecting higher yields on long-term Treasurys.
Showing posts with label california real estate news. Show all posts
Showing posts with label california real estate news. Show all posts
Tuesday, January 11, 2011
Saturday, November 6, 2010
Mortgage Bankers push housing recovery to 2012
Last week, the nation’s mortgage bankers released a report saying that they expect the housing market to continue limping along into next year. Things could pick up, they say, in 2012.
From the Wall Street Journal
Friday, October 22, 2010
Real Estate News for week of 10/22/2010 from San Jose Mercury News
Despite low interest rates, home sales are continuing to decline in Santa Clara and San Mateo counties as many prospective homebuyers remain nervous about the economy, according to a new report issued Thursday. Read article »
WASHINGTON -- Rates on 30-year fixed mortgages rose slightly from their lowest level in decades, inching up to a national average of 4.21 percent. Read article »
Home sales in Santa Clara County were down sharply last month from a year earlier, but the median price for a single-family resale house climbed 13.6 percent to $575,000. Read article »
LOS ANGELES -- Home sales in Southern California last month fell 16 percent from a year earlier to reach their lowest September level in three years, a tracking firm said Tuesday. Read article »
Residential transactions in Santa Clara County, San Mateo County, San Francisco and southern Alameda County. ------------------------------
WASHINGTON -- The White House says federal agencies are investigating allegations of widespread errors in foreclosure documents. Read article »
Just 10 days after announcing a nationwide halt to foreclosure sales, Bank of America, the nation's largest bank, said Monday that it would begin resubmitting paperwork on Oct. 25 to restart foreclosures on borrowers who missed their payments in 23 states. Read article »
It seemed too good to be true: You bought a house in foreclosure at a fraction of the former price. Maybe you even knocked out a wall or two and remodeled with all the money you saved.Read article »
WASHINGTON -- Builders are pessimistic about the housing market, but are seeing a little more foot traffic after the worst summer for home sales in a decade. Read article »
LOS ANGELES -- Angelo Mozilo, who presided over the spectacular rise and devastating fall of Countrywide Financial, struck a deal Friday to avoid going to trial next week on accusations of investor fraud and insider trading. Read article »
Subscribe to:
Posts (Atom)
