HousingStorm.com

Meredith Mortgage Team wrote a new blog post: Housing Opportunity Resources

Housing Opportunity Resources
Fannie Mae Offers New Closing Cost Assistance and Appliance Incentive for Homebuyers
Fannie Mae is offering a 3.5% incentive for [...]

  1 month, 1 week ago · View

Meredith Mortgage Team wrote a new blog post: Neighborhood Stabilization Project

REALTOR® Neighborhood Stabilization Project
NAR has partnered with the National Community Stabilization Trust (Stabilization Trust) to develop the REALTOR® Neighborhood Stabilization Project, which will help communities effectively implement the Neighborhood Stabilization Program (NSP). Through the NSP, the federal government has provided $6 billion to assist communities hardest hit by foreclosures [...]

  1 month, 1 week ago · View

Meredith Mortgage Team wrote a new blog post: Toyota Down, Ford Up

Toyota Down, Ford Up
U.S. automakers — particularly Ford — are poised to gain from Toyota’s defect problems.
The Kiplinger Letter
January 28, 2010

Look for Ford to recapture the No. 2 spot in U.S. auto sales [...]

  1 month, 1 week ago · View

Meredith Mortgage Team wrote a new blog post: Mortgage Rates Hold Steady This Week

Mortgage interest for the week held fairly close to the previous week’s rates, reports Freddie Mac.

Average interest on 30-year fixed loans slipped a notch to 4.98 percent from 4.99 percent and was down from 5.10 percent a year ago.
Here’s [...]

  1 month, 1 week ago · View

Meredith Mortgage Team wrote a new blog post: Mortgage Rates Hold Steady This Week

Mortgage interest for the week held fairly close to the previous week’s rates, reports Freddie Mac.

Average interest on 30-year fixed loans slipped a notch to 4.98 percent from 4.99 percent and was down from 5.10 percent a year ago.
Here’s how other rates [...]

  1 month, 1 week ago · View

Meredith Mortgage Team wrote a new blog post: 4 Demographic Trends That Will Affect Housing

A new report from the Urban Land Institute predicts two major changes in the U.S. housing market as we began a new decade.

Home appreciation will slow considerably to about 1 percent to 2 percent annually.
The current U.S. homeownership rate, [...]

  1 month, 1 week ago · View

Meredith Mortgage Team wrote a new blog post: Mortgage Updates January 29th 2010

Markets don’t like uncertainty, and a little of that was removed yesterday as Federal Reserve Chairman Ben Bernanke was approved by the Senate for a second four-year term by a 70-30 vote. Supporters admitted that that the Federal Reserve under Bernanke had missed signs leading up to the [...]

  1 month, 1 week ago · View

Meredith Mortgage Team wrote a new blog post: 450,000 at risk in foreclosure-prevention program

450,000 at risk in foreclosure-prevention program
NEW YORK (CNNMoney.com) — Hundreds of thousands of troubled homeowners who are making lower mortgage payments on a trial basis are at risk of being kicked out of President Obama’s foreclosure-prevention program.
Companies that service the mortgages have until Jan. 31 to review all [...]

  1 month, 2 weeks ago · View

Meredith Mortgage Team wrote a new blog post: 450,000 at risk in foreclosure-prevention program

450,000 at risk in foreclosure-prevention program
NEW YORK (CNNMoney.com) — Hundreds of thousands of troubled homeowners who are making lower mortgage payments on a trial basis are at risk of being kicked out of President Obama’s foreclosure-prevention program.
Companies that service the mortgages have until Jan. 31 to review all [...]

  1 month, 2 weeks ago · View

Meredith Mortgage Team wrote a new blog post: San Francisco & Oakland Are Among The Top 7 Cities For Housing Recovery

Housing: Best recovery bets
The average home price is forecast to plummet over the next two years. But these 7 cities are predicted to post gains.

1 of 7

< !– /slidesNav [...]

  1 month, 2 weeks ago · View

Meredith Mortgage Team wrote a new blog post: Existing-Home Sales Down, but Prices Rise

Existing-home sales fell as expected in December after first-time buyers rushed to complete deals during the months leading up to the original November deadline for the tax credit. However, prices rose from December 2008 and annual sales improved in 2009, [...]

  1 month, 2 weeks ago · View

Meredith Mortgage Team wrote a new blog post: Good Reasons to Change Your Will

Life is ever-changing and so are your
estate-planning needs.
Here are seven situations in which you’ll want to
re-evaluate your will.

1. You [...]

  1 month, 2 weeks ago · View

Meredith Mortgage Team wrote a new blog post: Tax Breaks for Almost Everyone

Tax Breaks for Almost Everyone

You’ll find lots of new deductions, credits and expanded
eligibility rules when you prepare your 2009 tax return.
Kiplinger’s
There is no denying that 2009 was a challenging year for millions of Americans.

But filling out your 2009 tax return could bring some welcome [...]

  1 month, 2 weeks ago · View

Meredith Mortgage Team wrote a new blog post: The Minds Behind the Meltdown……This craziness will make for a riveting movie!

How a swashbuckling breed of mathematicians
and computer scientists nearly destroyed
Wall Street
On Thursday, President Barack Obama proposed new rules to curb a number of Wall Street’s
risky—and highly profitable—trading activities.
One target: The secretive trading operations within banks that use
large doses of leverage, or borrowed money, to make huge bets on the [...]

  1 month, 2 weeks ago · View

Meredith Mortgage Team wrote a new blog post: Housing Market: Even More Pain in Store?

Like a carnival free-fall ride that stops suddenly, teasing riders into a false sense of safety before plummeting the rest of the way to the ground, some economists say the housing market could once again be headed for a plunge after [...]

  1 month, 2 weeks ago · View

Meredith Mortgage Team wrote a new blog post: Monday January 25th Update

In the current environment, the government giveth, and the government taketh away. Barney Frank once again made headlines last week with the statement that the House Financial Services Committee will recommend doing away with Fannie Mae and Freddie Mac and “rebuilding the U.S. [...]

  1 month, 2 weeks ago · View

Meredith Mortgage Team wrote a new blog post: What’s The Hold-Up With The Home Equity Loan Program??

Home equity loans gone bad remain a stumbling block to the housing recovery.
“If I had to name one sticking point, it’s the second mortgage,” said Ethan W. Gregory, an associate with First Coast Realty Associates in Jacksonville, Fla., who specializes in [...]

  1 month, 2 weeks ago · View

Meredith Mortgage Team wrote a new blog post: From Now On, It’s Going To Be Harder To Get A Government Backed Mortgage

Looking to shore up its weakening finances, the Federal Housing Administration is set to announce stricter standards on Wednesday.

The agency, which insured nearly [...]

  1 month, 2 weeks ago · View

Meredith Mortgage Team wrote a new blog post: A Glimmer Of Hope? The Dollar is Quietly Building Strength

 
Quietly The Dollar Continues To Strengthen

As economic uncertainty continues to grip Europe and China starts to put the brakes on its economy, [...]

  1 month, 2 weeks ago · View

Meredith Mortgage Team wrote a new blog post: Timeshare Industry Hit Hard by Recession

The recession has been particularly tough on the timeshare business. Sales are down; defaults are up. Resort development has come to a standstill, and thousands of salespeople have been laid off.
Scams targeting owners desperate to get out from under payments are resulting in consumer complaints and [...]

  1 month, 2 weeks ago · View