Experts Say Don't Bank on Home as Main Retirement Money Source read more...
Cuomo: Appraisers Pressured to Inflate Subprime Mortgage Value (Law.com) New York Attorney General Andrew Cuomo announced a lawsuit against real estate appraisal company eAppraiseIT on Thursday, blaming it for helping "set the current mortgage crisis in motion." He accused
Mortgage rates reach 26-month high (The The Business Journal of the Greater Triad Area) Mortgage rates rose for the ninth-straight week this week, with the average 30-year fixed-rate reaching its highest level since September 2003.read more...
Use reverse mortgage as a last resort, experts say (Arizona Daily Star) Q What is a reverse mortgage?read more...
Weak dollar, low interest rates make U.S. real estate attractive to foreigners There's a new group of buyers in the U.S. real estate market: foreigners. A weak American dollar and relatively low mortgage rates have turned houses and other American property into
Fierce Competiton of selling homes gives homesellers more for their bucks For fortunate few, buying a home is one of the largest investment decisions they get to make in their lifetime, but when it comes time of selling it, do they
“What we’ve discovered is that a lot of the traditional banks have moved away from these areas.”
John Liotti has a vision for East Palo Alto, and it involves low-interest loans. via Inside Bay Area
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