As rates rise, mortgage refinancings decline (Westchester County Business Journal) William Cuevas, branch manager of Homescapes Funding in Yonkers. The prospect of rising interest rates has some mortgage brokers concerned that customers may be caught unprepared.via
N.C. existing home sales slip in November Sales of existing homes in the state fell 4 percent last month compared to November of 2005, the N.C. Association of Realtors reported today.Commentread more...
October Home Prices in 20 U.S. Cities Fall 18% From Year Ago Home prices in 20 U.S. cities declined at the fastest rate on record, depressed by mounting foreclosures and slumping sales.read more...
National mortgage rates continue their decline (The Sacramento Bee) Mortgage rates are falling again.read more...
Mortgage REITs plunge on Carlyle Capital troubles (Reuters via Yahoo! News) Shares of mortgage real estate investment trusts plunged on Thursday after Carlyle Capital Corp Ltd , a European firm that invests in mortgage-backed securities, failed to meet margin calls
Florida Association of Mortgage Brokers (FAMB) Participated in Reform of Real Estate Settlement Procedures Act (RESPA) (Business Wire via Yahoo! Finance) The Florida Association of Mortgage Brokers was recently invited to participate in the process of reforming the Real Estate Settlement Procedures Act . Kelly Guldi, a member of FAMB's
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