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Latest Rate Cut Could Energize Housing Market Real Estate US
The Federal Reserve's lasted cut in interest rates is welcome news for homebuyers and anyone looking to refinance their mortgage. ... Australia Central Bank Leaves Rates Unchanged ... |
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Latest Updates About NYAG FreddieMac FannieMae Agreement
Check for the latest updates pertaining to the March 3, 2008, agreement between Fannie Mae/Freddie Mac, New York Attorney General, and the Office of Federal Housing Enterprise Oversight ( OFHEO ). Appraisal Instutute News and Advocacy See also prior article: Home Valuation Code of Conduct To ... |
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Latino homebuyers face uphill battle in effort to keep homes
March 23, 2008 By CARLOS VILLATORO For Francisco Zapien, the deal was too good to be true. In October of 2006, Zapien signed a contract for a home on Bryan Avenue in Napa. The 0,000 mortgage he was approved for required no down payment. Today Zapien, who has worked at Silverado Farming Company as ... |
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Lawrence Yun and the NAR call on their paid poodles in Congress to give a 5 000 tax credit to any fool stupid enough to buy a house
Lawrence Yun is an idiot. Now he wants to get housing demand flowing again (while stimulating realtor commissions of course) not by the traditional means of lowering prices, but by bribing buyers with a tax credit. Here's a suggestion Lawrence - IT'S CALLED LOWER THE DAMN PRICES. You want demand (and realtor commissions) to return? You might want to check out the relationship between demand and price. They taught you that in your Econ 101 class at Purdue, right? We know you read HP, so plea |
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Lawrence Yun Proposes Federal Dollars to Grease Home Buying
Lawrence Yun proposes federal government dollars to grease home buying. What is critically needed at this important point in the housing cycle is a measure to assuredly and quickly raise home buying activity. This can be accomplished by providing a homebuyer tax-credit. A nationwide ,000 tax credit (the same amount currently in existence for homebuyers in Washington, D.C.) will cost the federal government billion. If factoring in rising economic activity and accompanying rising tax revenu |
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