By BrianCav on 04.02.10
Friday’s jobs report is important to the housing market for two main reasons: Folks aren’t buying homes if they’re worried about losing their job. And, more importantly, more borrowers fall behind as they lose their jobs, especially when they owe more than their homes are worth. Indeed, the surest way to stem foreclosures at this point is to reverse job losses, something the administration likely knows all too well.
By BrianCav on 12.09.09
My 2010 Predictions… And I’m never wrong : ) Real Estate Market / Mortgage Interest Rates / Where is the 30 Year Fixed Jumbo / SmarterBorrowing.com etc.
Posted in Featured, Learn, Real Estate Market, Today's Market | Tagged adjustable rate mortgages, Boston MA first time home buyer loan, Boston MA mortgage rate prediction, Boston mortgage, conforming loans, federal homebuyer tax credit, FHA loans, fixed rate mortgages, foreclosure, higher income limits on homebuyer tax credit, jumbo mortgage, mortgage, real estate | 1 Response
By BrianCav on 11.13.09
Recovery is on the way! A small number of states in the USA took up mostly all of the foreclosures in our country and only one of them is getting worse. RealtyTrac.com has reported that more than half of all foreclosures are coming from California, Florida, Illinois and Michigan. Foreclosures are up a modest 19 […]