Letter: Down payment shutting door to home ownership
The events which led to the foreclosure era are indeed tragic. People lost jobs, companies streamlined their staff and globalization removed many traditional U.S. industries.
The events which led to the foreclosure era are indeed tragic. People lost jobs, companies streamlined their staff and globalization removed many traditional U.S. industries.
As the value of residential real estate rises with home prices, so has the owner's equity share of that value. Jing Fu, writing in the National Association of Home Builders' Eye on Housing Blog, says that equity hit a new high in the first quarter of this year. Foreclosure News
Portage, Indiana-based lawyer Robert Jon Schlyer faces up to 30 years in prison after he was convicted on two counts of wire fraud affecting a financial institution and one count of bank fraud. The 47-year-old Schlyer was representing two co-schemers in connection with a foreclosure lawsuit. Foreclosure News
Homing in: Figures from the Central Bank show homeowners here paid an average interest rate on new mortgages agreed in October of 3.06pc, compared with an EU average of 1.77pc Fianna FA il is back for a second crack at putting a legislative cap on standard variable mortgage rates, having had its last push in…
Expectations weren't particularly high for a solid July report on home purchase contracts, but today's report from the National Association of Realtors didn't meet even those . NAR's Pending Home Sales Index came in at 106.2, down from an upwardly revised 107.0 in June, a decline of 0.7 percent. Foreclosure News
Extending a recent trend when it comes to paying the mortgage each month, homeowners in the Bradenton-Sarasota, Fla., region are fulfilling their obligation at a better rate compared to the rest of the state. With housing prices climbing toward pre-recession levels and a low unemployment rate, mortgage foreclosures and delinquency rates in Manatee and Sarasota…
There's a handful of zombies out there threatening to wreck your neighborhood or at least create a frightful landscaping nightmare next door. In the Greensboro-High Point metro area this Halloween fewer unoccupied, unfortunate homes are haunting the streets than in 2016 as the pace of home sales picks up and more people are conquering their…