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Updated: 1 hour 12 min ago

Lender Uncertainty Restraining Housing Recovery

Wed, 05/16/2012 - 04:00

The chief culprit for lenders' reluctance to originate mortgages today is an uncertain political and regulatory environment, experts said at the Midyear Legislative Meetings yesterday.

REALTORS(R) Pumped Up for Historic Rally

Wed, 05/16/2012 - 04:00

REALTORS(R) got a taste of the upcoming Rally to Protect the American Dream when NAR President Moe Veissi kicked off the NAR Midyear Legislative Meetings & Trade Expo yesterday.

REALTORS(R): Home Ownership Bigger Than Politics

Wed, 05/16/2012 - 04:00

REALTORS(R) heading up to Capitol Hill this week will be telling their members of Congress not to let real estate issues get caught up in election-year politics.

Conservation Easements Are Often Poorly Understood

Wed, 05/16/2012 - 04:00

Policies against placing restrictions on land owners' ability to use and transfer property can lead to confusion about conservation easements.

BofA Offers Up to $30K to Owners for Short Sales

Wed, 05/16/2012 - 04:00

In an effort to curb foreclosures, Bank of America is trying to get some of its home owners who are struggling to make their mortgage payments a quicker incentive to move.

Builders Get More Confident About Improving Market

Wed, 05/16/2012 - 04:00

"Firming home values, improving employment, and low mortgage rates" are driving optimism in the new-home market, according to the latest index of builder sentiment. 

Home Ownership Key to Elections, National Strategists Say

Tue, 05/15/2012 - 04:00

Protecting home ownership will be front and center in this year’s national elections, said top political strategists at the 2012 NAR Midyear Legislative Meetings.

Housing Affordability Reaches Records

Tue, 05/15/2012 - 04:00

"Conditions for first-time buyers who are able to get a mortgage have never been better,” NAR President Moe Veissi says.

Lenders Put Borrowers Through More Scrutiny

Tue, 05/15/2012 - 04:00

Home buyers and refinancers applying for a mortgage are being caught off guard in what all lenders are asking for.

Realtor.com Launches TV Channel

Tue, 05/15/2012 - 04:00

Realtor.com teams up with RealBizMedia to debut a TV channel that will feature millions of property listings at a “highly geo-targeted level.”

Gaps Persist in Americans’ Credit Knowledge

Tue, 05/15/2012 - 04:00

A new survey shows an alarming number of Americans believe age, marital status, and ethnic origin are used to calculate a person’s credit score. 

Ally Bank Mortgage Unit Files for Bankruptcy

Tue, 05/15/2012 - 04:00

Residential Capital, a mortgage subsidiary of Ally Financial Inc., filed for Chapter 11 bankruptcy on Monday. 

More Renters Are Finding It's Cheaper to Buy

Mon, 05/14/2012 - 04:00

With rising rents, more renters are being swayed into home ownership, even in pricey housing markets such as New York. 

Obama Calls for Changes to Make Refinancing Easier

Mon, 05/14/2012 - 04:00

Late last week, President Obama said more home owners are taking advantage of government programs to refinance into ultra-low mortgage rates, but there's still more Congress can do to make refinancing easier for home owners.

2012 NAR Member Survey Shows Rising Incomes

Mon, 05/14/2012 - 04:00

The income and business of REALTORS(R) is growing after many years of decline, according to the 2012 National Association of REALTORS(R) Member Profile.

Make Sure Selling Incentives Don't Break the Rules

Mon, 05/14/2012 - 04:00

Some housing deals are coming with sweet incentives for buyers' agents, everything from big bonuses to fancy cars. But if you're not careful, you might get in trouble for steering.

The Cost of Getting a Loan is on the Rise

Mon, 05/14/2012 - 04:00

Despite record low mortgage rates, borrowers are finding the cost of getting a loan is on the rise with closing costs, origination fees, attorney costs, and appraisal fees all having risen in the past year,  Bankrate.com reports.

Home Owners Trying to Save Face Refinancing Delays

Mon, 05/14/2012 - 04:00

Home owners seeking to take advantage of low interest rates and trim their monthly mortgage payments are finding an increase in delays from refinancing, new reports show. 

Thousands of REALTORS® Ready for Housing Rally

Fri, 05/11/2012 - 04:00

More than 10,000 REALTORS® from across the country are expected to band together next week in the nation’s capital to stand up for the American Dream. 

How Low Will Mortgage Rates Go?

Fri, 05/11/2012 - 04:00

Just when some thought mortgage rates couldn’t go any lower, fixed-rate mortgages reached new all-time lows this week, sending home buyer affordability even higher.