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Archives: June 2010


Housing Crisis Likely to Drag Down Credit Scores

RISMEDIA, June 30, 2010—(MCT)—For countless Americans struggling to make their mortgage payments, the problems have just begun. Although a loan modification or foreclosure might allow them to put their housing problems behind them, millions will be dogged for years by … Read more

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Housing Crisis Likely to Drag Down Credit Scores

RISMEDIA, June 30, 2010—(MCT)—For countless Americans struggling to make their mortgage payments, the problems have just begun. Although a loan modification or foreclosure might allow them to put their housing problems behind them, millions will be dogged for years by … Read more

Posted on by admin | Posted in Real Estate | Leave a comment

Struggling Homeowners Find Help Outside Obama Program

RISMEDIA, June 25, 2010—(MCT)— More borrowers dropped out of the Obama administration’s foreclosure prevention program last month than were added, but many of those homeowners found private help from their mortgage companies, according to recently released data. The number of … Read more

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Low Mortgage Rates Not Enough to Lure Potential Home Buyers

RISMEDIA, June 28, 2010—(MCT)—Mortgage rates have tumbled to record lows, but high unemployment and job jitters by still-working Americans mean the milestone is unlikely to attract enough borrowers to boost the unsteady housing market, economic and real estate professionals say. … Read more

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Monday Morning Mobile: Take a Look at the Often-Overlooked

RISMEDIA, June 28, 2010—With all the excitement surrounding the iPhone 4’s release last week and simultaneous headlines about new Android devices on the way, no one seems to be paying any attention at all to the old faithful Blackberry. Those … Read more

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Homes Shrink as Market Sinks

RISMEDIA, June 26, 2010—(MCT)—When the going gets tough, the houses get smaller. Or at least that’s what data from the U.S. Census Bureau are suggesting. The average size of a new single-family house shrank significantly from 2008 to 2009, the … Read more

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Homes Shrink as Market Sinks

RISMEDIA, June 26, 2010—(MCT)—When the going gets tough, the houses get smaller. Or at least that’s what data from the U.S. Census Bureau are suggesting. The average size of a new single-family house shrank significantly from 2008 to 2009, the … Read more

Posted on by admin | Posted in Home Improvement | Leave a comment

Fannie Mae Getting Tough on Home ‘Walkaways’

RISMEDIA, June 25, 2010—(MCT)—Taking aim at homeowners who are able to pay their mortgage but decide it’s not worth it, Fannie Mae plans to go after them in court and to limit their access to home loans for seven years. … Read more

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As Tax Credit Expires, New Home Sales Sink

RISMEDIA, June 25, 2010—(MCT)—Sales of newly built U.S. homes collapsed in May 2010, the government said recently, falling to a record low and stirring concerns among some economists that the housing market would stumble again now that a popular federal … Read more

Posted on by admin | Posted in Home Buying | Leave a comment