Real Estate News
Foreclosure rates up by smallest amount in 4 years
(AP)
AP - The foreclosure crisis isn't over, but the pace of growth may finally be slowing down.
Foreclosures drop for 2nd month in February: RealtyTrac
(Reuters)
Reuters - U.S. mortgage foreclosure filings dropped for a second straight month in February, and notched the smallest annual increase in four years as housing-rescue efforts contained activity, a report released on Thursday showed.
Home loan demand nudges higher in latest week
(Reuters)
Reuters - U.S. mortgage applications nudged higher last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.
Nationalized UK bank Northern Rock back in profit
(AP)
AP - Nationalized mortgage lender Northern Rock said Wednesday that it returned to profit in the second half of 2009 as interest income rose and losses on loans fell.
Commercial delinquency lower than other mortgages
(AP)
AP - Commercial mortgages were among the best-performing loans and leases held by banks and thrifts in the fourth quarter of last year, the Mortgage Bankers Association said Tuesday.
Survey: Pace of foreclosures may be slowing
RealtyTrac Inc. said Thursday that the number of U.S. households facing foreclosure in February grew 6 percent from the year-ago level, the smallest annual increase in four years.
Ten cities managing to weather the recession
Jobs in Washington D.C. are growing quickly, and in 2008 the city produced more in goods and services than almost anywhere in the country.
Pending home sales tumble amid winter woes
The number of buyers who agreed to purchase a home fell sharply in January, a sign that demand for housing is sinking this winter as stormy weather slammed Eastern states.
Business - Construction and Maintenance - Residential Housing - Real estate - Thomson Reuters
Mortgage rates fall below the 5 percent mark
Mortgages rates have dipped below 5 percent again, four weeks before a government program that is helping keep rates low is scheduled to run out.
Forbes: Where you can get ahead quickly
Professional success often requires some degree of sacrifice. Surprisingly, one of those sacrifices might include moving to the outskirts of some big cities.