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Archives: November 2011
Study Examines Impact of Social Networks on Homeowners Decision to Default
Unemployment and other factors have caused many homeowners to involuntarily default on their mortgages. At the same time, falling home prices, the possibility of being underwater for many years and advice from certain influencers, or “mavens,” may have encouraged others… … Read more
November 22, 2011 Posted in Mortgage
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Delinquency Rate Hits 3-year Low as Boom Loans Improve
The national delinquency rate for residential home loans fell to 7.99 percent in the third quarter—the lowest reading since the fourth quarter of 2008. This represents a decline of 45 basis points from the second quarter of this year, and… … Read more
November 20, 2011 Posted in Mortgage
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Holiday Household Chore Checklist
Between work, school, the kids and all your regular daily responsibilities, getting your home in order for the holidays can quickly become an overwhelming experience. Peggy Patenaude, a REALTOR® with Prudential Howe & Doherty in Andover, Mass. offers these great… … Read more
November 17, 2011 Posted in Home Improvement
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Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 10.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 4, 2011. According to the release, the Market Composite Index, a measure… RISMedia … Read more
November 17, 2011 Posted in Mortgage
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Monday Morning Mobile: Property Search 3.0 Makes Its Way to NY
There’s no question that as a society we are more mobile than we have ever been. With over 300 million mobile users in this country, a 96% penetration rate, it’s safe to say this isn’t going to change anytime soon,… … Read more
November 13, 2011 Posted in Real Estate
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Trend Alert: Homeowners Opt for 15-year Fixed-Rate Loans
Consumer money resource Bills.com recently released its 2011 Third Quarter Mortgage Report. Driven by an increased demand for refinance loans, consumer traffic to the company’s mortgage tools and calculators more than doubled from the second quarter. The majority of homeowners… … Read more
November 11, 2011 Posted in Mortgage
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