People buying homes in the country’s most expensive housing markets likely will face pricier mortgages starting in the fall.That’s when the current conforming mortgage limits are scheduled to expire, with limits for the most expensive markets falling to $625,500 from $729,750 in the contiguous U.S. On Friday, however, two lawmakers introduced a bill in the …
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Robert Shiller Interview on U.S. Housing Market – Video
May 31, 2011 Robert Shiller, an economics professor at Yale University and co-creator of the S&P/Case-Shiller home-price index, talks about the outlook for home prices. The S&P/Case-Shiller index of property values in 20 cities fell 3.6 percent from March 2010, the biggest year-over-year decline since November 2009, the group said today in New York. At …
4 Signals It Might be Time to Buy (vs. Rent) Your Home
To rent or to buy: what used to be a given – that you would buy a home as soon as you could afford to – has become an agonizing conundrum for many a would-be homebuyer, in the face of the housing market’s big bust and super-slow recovery. Low prices seem to create a wide-open …
Ten Mistakes You Can’t Afford To Make
Save time and money by following these rules Buying a home is complex enough but when it comes to financing, you need to make sure you are as prepared as possible in order to get a loan. There are a number of mistakes you can make along the way of getting your loan approved. Here …
7 Tips for Short Sale Success – Information Plus Short Video
Have to sell your home for less than it’s worth? Our seven tips will help you get the best price. There are five important steps to consider if you are faced with a short sale. When you owe more on your home than it’s worth, but you have to sell, you need to squeeze every …
Massive Mortgage Changes
Big news in the real estate world today! Fannie/Freddie On Chopping Block –The white house came out with their mortgage reform options today, including the shut-down of Fannie/Freddie. There is a lot of analysis going on, here’s some from CNBC / CNN / WSJ The Obama administration laid out three broad options Friday for reducing …
