Seattle Real Estate Tyler Freed
Real Estate in Auburn, Bellevue, Renton, Lake Tapps, Seattle and Kent
Link to the original article Home sales are on track to outperform last year, even though the market doesn’t have the benefit of the home buyer tax credit. This is thanks to sustained economic growth, the slowly recovering jobs picture, and historically high affordability conditions, NAR Chief Economist Lawrence Yun told a packed room on… Read More
Mortgage rates at lowest level of the year By MSN Money partner on Thu, May 12, 2011 1:05 PM This post comes from Amy Hoak at partner site MarketWatch. Meanwhile, foreclosures and other distressed homes are holding home prices down in many areas. Mortgage rates fell for the fourth week, with rates on the 30-year… Read More
Days numbered on 6% FHA concessions By Kenneth R. Harney Syndicated columnist WASHINGTON One of the key attractions of FHA home-mortgage financing is going, going, but not quite gone. Sellers and buyers who move fast can still make the most of it. Sometime this summer, the Federal Housing Administration plans to slash maximum “seller concessions”… Read More
Fannie, Freddie to start buying back bad loans By The Associated Press WASHINGTON Government-controlled mortgage-finance companies Fannie Mae and Freddie Mac said Wednesday they will buy back troubled loans contained in securities they already have sold to investors. The two companies are repurchasing mortgage loans for which borrowers have missed at least four months of… Read More
Fannie, Freddie prove too big for government to shirk The government’s Christmas Eve pledge of unlimited financial aid to mortgage giants Fannie Mae and Freddie Mac is to make sure the housing market doesn’t deteriorate further, but it will cost taxpayers much more. By ALAN ZIBEL The Associated Press PREV 1 of 2 NEXT AP… Read More
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