6 Articles match "Help","Homes","October"

• The Best from RealtyTrac

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• As Home Prices Plummet, When Will You Buy?
  
  Home prices in 20 of the nation's major metro areas in July were collectively down 16.3 percent from a year ago, according to the S&P/Case-Shiller Home Price Index released today. quot; Las Vegas and Phoenix posted the two biggest annual declines in home prices of the 20 metro areas tracked in the report, followed by Miami with a 28.2 Prices in those metro areas were down 19.5 percent from their peak in July 2006. "There
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Thanksgiving a Time to Reflect . . . on Foreclosures Too!
  
  In fact we have only reported foreclosures through October and the national total has already topped 1 million with two months left to report — way ahead of the 885,000 foreclosures reported for all of 2005. The bottom line is: more homeowners — who most likely bought more home than their budgets could really afford the past few years — are dangerously close to being in foreclosure. Traditionally, Thanksgiving is a time we take to reflect on our lives and what we can do to make the world a better place in which to live. Volunteers go out and serve meals to the hungry, religious
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Credit Card and Mortgage Debt Fuels Foreclosure
  
  Not surprisingly, more than 115,568 properties entered some stage of foreclosure nationwide in October, according to RealtyTrac’s U.S. Rising interest rates have caught many homeowners in a “can’t pay, can’t sell, can’t refinance” vise, in which their ARM payments are outpacing their incomes and their homes have not appreciated enough to help cover the cost of a refinanced mortgage or to allow them to sell and walk away. Debt! No word better describes why millions of Americans are now facing foreclosure.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• Fed Plays a Delicate Balancing Game With Rate Cut
  
  Today’s action, combined with the policy action taken in September, should help forestall some of the adverse effects on the broader economy that might otherwise arise from the disruptions in financial markets and promote moderate growth over time,” the FOMC said in a statement published October 31. Home builders giving out automobiles as incentives to buy a new home. In a move aimed at quelling fears of a looming recession, the Federal Open Market Committee took the country’s teetering monetary affairs seriously two weeks ago and lowered the short term federal funds rate another quarter of a percentage point to 4.5
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• And the Hits' Just Keep On Coming!
  
  billion credit facility to help keep it afloat, followed by announced workforce cutbacks shortly thereafter. Now with the first week of October behind us, Citigroup, Washington Mutual (WaMu as it likes to be known) and Merrill Lynch announced their organizations would be taking major hits in the pocketbook for the third quarter of 2007. As for distressed homeowners facing foreclosure into the foreseeable future, these types of problems on the lender’s side Countrywide. Citigroup.
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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• July Foreclosure Report
  
  This shift in percentages shows that a higher proportion of properties that enter the forecosure process are ending up repossessed by lenders. Posted 08-14-2008 2:00 AM by darenb Filed under: Pre-Foreclosures , Foreclosure Auctions , Bank-Owned/REOs , Foreclosure Trends Comments
  www.foreclosurepulse.com - Tuesday, December 16, 2008
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