by Jim Crowder | Jan 15, 2013 | HOUSING MARKET
Truck sales are expected to increase over the next year, and the auto market is thanking the recovering housing market for the jump. Ellen Hughes-Cromwick, Ford economist said, “the beginnings of a recovery in the housing market should drive pickup sales in...
by Jim Crowder | Jan 14, 2013 | HOUSING MARKET
New standards and rules have been revealed from the Consumer Financial Protection Bureau that will change future mortgage loans. The newly announced rule is based on two factors: The first factor considers the consumer’s ability to repay mortgage loans and...
by Jim Crowder | Jan 11, 2013 | HOUSING MARKET
According to a press release from Zillow, analysts of mortgage data, almost 21 million Americans own their homes with no mortgage debt. Median home values play a fundamental part in what influences the amount of free-and-clear homeowners in many locations. Areas with...
by Jim Crowder | Jan 10, 2013 | HOUSING MARKET
The housing market is staying strong as U.S home mortgage applications increase. According to The Mortgage Bankers Association the seasonally adjusted index of application activity grew 11.7 % last week. Refinancing applications increased to 12.1% and home loan...
by Jim Crowder | Jan 9, 2013 | HOUSING MARKET
Bank Of America Corporation announced over $14 billion of legal settlements over bad mortgages the company sold to investors and flaws in its process of foreclosures. The announcement holds hope to end a loan-by-loan review of foreclosures that has been mandated by...
by Jim Crowder | Jan 8, 2013 | HOUSING MARKET
Confidence among consumers continues to grow. With positive attitudes toward rental price, home price and mortgage rates, Fannie Mae is expecting home purchases to grow over the next year. Consumers do seem to carry unsettled opinions about the economy and personal...
