Housing Minute

This story originally appeared here at mortgagenewsdaily.com on 4/3/12 and was authored by Jann Swanson   Acting Federal Housing Finance Agency Director Edward J. DeMarco spoke to the Boston Security Analysts Society on Wednesday, in part defending his stand against principal reductions for Freddie Mac and Fannie Mae Loans. DeMarco said that the two government [...]

This story originally appeared here at mortgagenewsdaily.com on Apr 2 2012 and authored by Matthew Graham     After moving higher on Friday afternoon, Mortgages Rates eased back down to Thursday’s levels, leaving them in slightly better shape than most of last week’s offerings depending on the lender.  Unlike Friday’s abrupt, late-day weakness, today’s underlying market movements for [...]

This story was digested from realtor.org and can be found here   Economists have been warning that a flood of foreclosures will soon be hitting the real estate market, likely this summer. Increases in foreclosures traditionally pull down nearby home prices. So should home owners be worried? As of now, housing reports continue to show [...]