Bank of America has come out with a cutting-edge program for home owners who are unable to qualify for loan modifications on their mortgages. Close to 300 letters were sent out to borrowers inviting them to apply for the mortgage-to-lease program that is currently being...
Pinterest is one of the fastest-growing sites on the internet. People create virtual bulletin boards where they can pin things and ideas they want to bookmark. Whereas many people used to tear out photos in magazines in the hopes of keeping them safe until they...
In April, FHA Mortgage Insurance Premiums increased for all loan amounts, and it looks as though another increase has taken place. On June 11, 2012, monthly premiums went up another 25 basis points to 1.50%. This applies to buyers who are putting down between 3.5%...
Recently, a billion dollar deal was made, and Facebook purchased the mobile phone app Instagram. This merger presents a great deal of growth opportunity for marketers, especially those in the real estate industry. After becoming available to Android users, the app was downloaded by one...
Fannie Mae and Freddie Mac are now requiring that loan providers who need more than 30-days to decide on a short-sale provide weekly status updates and make a final decision no later than 60-days after receiving an offer. Fannie and Freddie’s regulator, the Federal Housing Finance...
There was recently some good news for military home owners. If they are permanently displaced due to a job-related responsibility they can still be considered owner-occupants when they apply for the Homes Affordable Modification Program (HAMP). Tim Massad, Treasury Assistant Secretary, and Holly Petraeus, Assistant...
For the very first time in 20 years, cities in the United States are out-growing suburbs. The new census estimates that a change in population trends followed an extended housing bust thanks in part to the spike in oil prices. Americans are choosing to stay...
The upcoming Spring months look as though they will bring good news to those looking to buy or sell and current homeowners. To assist you in knowing what to keep an eye out for, we’ve assembled a list of the top real estate trends for...
Long gone are the days of having to go visit a real estate brokerage and flip through a huge book of listings to find what homes are on the market. Now all a buyer has to do is go online! Advances in Smartphones and real...
Spring is the annual occurrence of new beginnings, and if there is one place where people are hoping for a rebirth, it is in the housing market. As we gradually turn the corner towards an economic recovery, this spring could be the strongest in years...
