Monthly Archives: September 2013

Mortgage Interest Rates | Will Interest Rates Rise? – Article Dashboard

DOES IT MAKE SENSE THAT JAPANESE INTEREST RATES HAVE HIT HISTORICAL LOWS? If the world’s third largest economy verges on the edge of bankruptcy, why would Japanese Government Bond (JGB) yields remain at the all time low of 1.215%? Let’s learn a lesson here. If banks can borrow at 0%, they will borrow at 0% and purchase treasury bonds at 1 to 3% yields. All day. Any day. The artificial demand    .. more …

New York State Foreclosure | Anderson’s Kauai Beach Condos At Auction – Article Dashboard

The 145 condominium hotel units and 15 commercial condominium units will be sold in bulk at the May 6 auction at the entrance to 5th Circuit Court in Lihue, according to an advertisement placed by commissioner George Van Buren. The New York lender, iStar Financial, filed for foreclosure on the property on July 22, 2008, claiming Anderson and his KB Resort LLC were in default of nearly $29.5    .. more …

Mortgage Interest Rates | An Ultimate Mortgage Loan From California Mortgage Lenders- A …

Therefore, if you are planning to acquire a home or property, don’t skip on any mortgage proposal. First thing you have to do is the evaluation. Here, few imperative aspects that are very much relevant to the financing provided by the California mortgage lenders are discussed as follows; 1. Rate Of InterestFirstly, try to make a fair and absolute evaluation between the rates offered by a variety    .. more …

New Home Sales | Myamsco Mortgage Updates – Article Dashboard

Fed Chief Bernanke presented the latest Fed forecast for the economy during his testimony before Congress. The Fed lowered its projections for economic growth for 2008 and 2009 and expressed concern about the risk of higher inflation. Bernanke described the inflation outlook as “unusually uncertain”. From Bernanke’s comments, investors concluded that the Fed’s primary goal right now is to promote    .. more …

Existing Home Sales | Us Real Estate Prices – A Bear Market Set To Crash?

Let’s look at the forces at work and action you can take to protect yourself. The background In the last 7 years the total value of real estate in the US has increased by a whopping $11 trillion. This has occurred despite nationwide wage stagnation and declines in real wealth.So what drove this increase in value? Low interest rates and reckless lending policies are responsible and people eager to    .. more …

Existing Home Sales | Halifax Real Estate ” Holding Steady Even In Tough Times

Halifax real estate listings give you a good idea about the type of properties currently available for sale and even include some rentals. Every market is different in its price structure, amenities and in some cases, even when it comes to real estate laws. It is necessary to have someone with experience in dealing with local markets and who knows how the real estate market works to guide you    .. more …

Mortgage Interest Rates | US Construction On New Homes Rises 0.9% In August

WASHINGTON: Home building in the United States edged higher in August amid signs that higher mortgage interest rates were keeping buyers on the sidelines, government data released on Wednesday showed.Construction starts on new homes rose 0.9 percent to an annual rate of 891,000 in August, after a downwardly revised July pace of 883,000, the Commerce Department said.The July figure was initially    .. more …

Mortgage Interest Rates | How Rising Mortgage Interest Affects Entrepreneurs

The current rise in mortgage interest rates affects much more than the housing market, entrepreneurs are discovering. The increase in rates from last year’s lows of 3-3 ½% to the current “holding pattern” at around 4- 4 ½% represents a full point increase over interest levels the housing market had become accustomed to in the latter part of 2012 and earlier in 2013. This    .. more …

Existing Home Sales | Existing Home Sales Rise To The Highest Level In 6.5 Years

Joe Raedle/Getty Images Existing home sales beat expectations rising 1.7% on the month, to an annualized pace of 5.48 million. This was the highest level in 6.5 years. Economists polled by Bloomberg were looking for existing home sales to fall 2.6% month-over-month to an annualized rate of 5.25 million.This was 13.2% higher than August 2012. July’s number was unchanged with a 6.5% rise to 5.39    .. more …

Existing Home Sales | Home Median Price Comparisons For Top 10 U.s. Cities

CITYResale Median Price+/- %New HomeMedian Price+/- %Foreclosures Median Price+/- %New York, NY$625,000-6.0%$4,500,0000.0%$489,0000.0%Los Angeles, CA$449,000-0.2%$749,900+8.7%$344,000+1.7%Chicago, IL$279,9000.0%$950,0000.0%$190,868-0.6%Houston, TX$162,500+1.6%$179,9900.0%$96,791+0.4%Phoenix, AZ$175,000-2.2%$321,465-0.2%$161,600-2.1%Philadelphia, PA$167,9000.0%$399,9900.0%$83,000+1.4%San Antonio,    .. more …