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53 Articles match "Foreclosures","Houses","Interest Rates"

The Latest from RealtyTrac MORE
Foreclosures Threaten U.S. House Prices
A Look Ahead To the Great Resetting October 3, 2009, Washington Post Millions of adjustable-rate mortgages are going to reset in the coming years, possibly to higher interest rates, creating the prospect of a new round of foreclosures. Tags: Foreclosure Trends foreclosures ForeclosureTrends foreclosures rates foreclosure wav About 10 percent...( read more ) ...Tags:
Foreclosure Pulse - Tuesday, October 6, 2009
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Don't Dump Investors
Miller    When it comes to bailing out giant banks, huge companies and massive stock brokerages theres no shortage of government interest and activity. After all, its in our national interest to protect investors — unless, of course, theyre folks who merely bought a house or two. It appears everywhere and is never challenged, as if real estate investors Don’t Dump Investors By Peter G. The investor double-standard is hardly hidden.
www.realtytrac.com - Tuesday, February 3, 2009
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Option ARM Borrowers Running Out Of Time
Fitch Ratings says in a just-issued report that option ARMs worth $200 billion are now outstanding. According to Fitch "the potential average payment increase on this recasting population is 63 percent, representing on average an additional $1,053 due each month on top of the current average payment of $1,672." You dont have to be a math major to figure out what will happen next: Huge numbers of option ARMs will fail in the next 24 to 30 months with results that will be devastating to borrowers, loan portfolios and local home values. How They Work Formally known as "payment option
www.realtytrac.com - Tuesday, February 3, 2009
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  • The Best from RealtyTrac MORE
  • Fed Remains in Hibernation on Interest Rates
    After 17 consecutive meetings of raising interest rates, and a switch over to new leadership under Ben Bernanke, the Federal Reserve went into hibernation last August and has remained there ever since. On Wednesday the watchdog of federal monetary policy did what many economists expected it to do and hit the snooze button yet again, deciding to keep the short term federal funds rate at its current level of 5.25 percent. The recent actions of the Federal Open Market Committee may seem unresponsive to concerns of industries, like real estate, that believe lowering interest
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosures Threaten U.S. House Prices
    A Look Ahead To the Great Resetting October 3, 2009, Washington Post Millions of adjustable-rate mortgages are going to reset in the coming years, possibly to higher interest rates, creating the prospect of a new round of foreclosures. Tags: Foreclosure Trends foreclosures ForeclosureTrends foreclosures rates foreclosure wav About 10 percent...( read more ) ...Tags:
    Foreclosure Pulse - Tuesday, October 6, 2009
    READ MORE
  • 2007: Housing Slowdown Good for Foreclosures
    housing market into a full tailspin, according to forecasters at Chapman University in Orange, Calif. That means 2007 should be a good year for anyone involved in the foreclosure sector of the market — whether they are real estate agents, potential home buyers or real estate investors. Some highlights of the Chapman forecast: The sky isn’t falling, but housing prices are projected to decline 2.2 Housing starts are expected to remain down in many parts of the The cooling real estate sector will continue to plague the national economy next year, but enough positive economic fundamentals remain in place to counteract forces threatening to push the U.S.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • U.S. Housing Starts Rise, Though Permits Fall
    The pace of new home construction jumped in February by the largest amount in more than a year, but building permits continued to decline, indicating future weakness in the housing market, according a new Commerce Department report today. Total housing starts rose 9 percent to a seasonally adjusted annual rate of 1.5 Fears that million units in February, higher than the 1.4 million units economists had predicted and the largest monthly increase since January 2006.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Forecasters Change Housing Estimates for '07/'08
    The nation’s housing market is not cooperating the way analysts at the A. Likewise, housing starts are forecasted to drop from their recent high in 2006 at 1.8 The worst of the downward national housing price spiral is not over,” said economist and Chapman President James Doti in a press release distributed Tuesday . “Our Gary Anderson Center for Economic Research at Chapman University in Orange, Calif., had hoped it would.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • A 'Dialogue' on the Housing Market
    Appearing on a recent episode of “Dialogue with Jim Doti”, RealtyTrac CEO James Saccacio cited a number of factors for the more than 60 percent year-to-year increase in foreclosure activity in September 2006. Chief among those — local economic conditions, poor planning for the future by home buyers, and rising interest rates. The nation’s foreclosure total Now the stage is set. When I got into this business, back in 2000, defaults were about 1 percent of all first mortgages.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Betting Everything on the House: 3 Risky Loans to Avoid
    Falling prices, sluggish sales and risky loans that let borrowers pile up debt faster than they can pay it off could put more homeowners out of their houses this year than at any other time this decade. Adjustable Rate Mortgages (ARMs) With an adjustable rate mortgage, also called ARMs, borrowers lock in a lower interest rate for the first few years. Yet many homeowners — particularly in California, Florida and Colorado — are still purchasing or refinancing their mortgages with “exotic” loans that may keep their monthly payments low now, but when these gimmicky loans “reset” upward borrowers could lose their homes if they haven’t planned for an increased monthly mortgage payment.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Foreclosure Mortgage Loans - Estimating the Costs Involved - RealtyTrac
    Foreclosure Mortgage Loans: Estimating the Costs Involved Search Properties | Free 7-Day Trial Search nearly 650,000 Foreclosure and Bank-Owned properties. Knowing what those types are, and how to utilize them, will leave a buyer or investor in the best possible position to be fully informed about finances before they go in to sign loan documents. Affordability Calculator — After income, monthly expenses, debts and any other monthly financial information are all entered, a much clearer picture forms as to how much of a home is truly affordable
    www.realtytrac.com - Tuesday, February 3, 2009
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  • Avoid Foreclosure Before it Starts at RealtyTrac
    Million Foreclosures
    www.realtytrac.com - Tuesday, February 3, 2009
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  • Foreclosures up 13 percent in February
    RealtyTrac released our February 2006 foreclosure numbers today, and they show U.S. foreclosures increasing for the third month in a row. We show 117,259 properties nationwide entered some stage of foreclosure in February, a 13 percent increase from the previous month and a 68 percent increase from February 2005. Thats a foreclosure rate households. Heres what our CEO, James J.
    www.foreclosurepulse.com - Tuesday, December 16, 2008
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