Jan 12th 2011 1:35PM
A court foreclosure ruling in Massachusetts last week will definitely influence the way banks deal with foreclosures in the future, but it could also button up home lending for the rest of us. The highest court in Massachusetts basically told two banks that they had no legal right to foreclose on two homes since they... Continue Reading »
Jan 12th 2011 7:01AM
Mortgage refis are increasing again, as interest rates show no sign of dropping again. The Refinance Index rose 4.9 percent for the week ending January 7, as compared to the previous week, according to the Mortgage Bankers Assocation (MBA). The seasonally adjusted Purchase Index, an indication of existing home sales, fell... Continue Reading »
Jan 6th 2011 2:11PM
What's in store for real estate in 2011? The year 2010 was a terrible one for the U.S. housing market. We started the year with high hopes that since 2009 had been so shockingly bad, 2010 could only get better. Next came the euphoria of the first-time home buyer's credit. Then came the slide: We ended the year with... Continue Reading »
Jan 5th 2011 7:11AM
While a key housing market indicator rose slightly at the end of 2010, it wasn't the holiday gift the housing industry had hoped for. The mortgage application index, which reflects the number of mortgages initiated by new buyers and refinancers, increased 2.3 percent for the week ending December 31 after dropping 3.9... Continue Reading »
Dec 30th 2010 9:21AM
Rob Hahn and Jeff Corbett are partners in 7DS Associates, a strategic management consultancy focused on the real estate business. As industry insiders and observers, they agree on many aspects of the current housing market; they disagree on plenty of others. AOL Real Estate asked them to conduct a dialogue throughout this... Continue Reading »
