Featured News, Mortgage, US Real Estate

Banks Are Lending Money Again, But Not To Everyone Of Course...

By Mike Wheatley | October 19, 2011
What with the economy continuing to flounder, you might be surprised to learn that a rather unusual thing has happened. Banks have started lending more money again. According to the New York Times, banks have once again increased the flow of the borrowing tap, and loan growth, despite the fact it is still at a […]
Real Estate, US Real Estate

Bank of America close to $8.5 billion settlement

By Allison Halliday | June 29, 2011
The Bank of America is said to be close to making a settlement over soured mortgages, and if this deal goes ahead it could resolve a large proportion of costs demanded by institutional investors. The experts view seems to be that although this settlement figure isn't great, it is also not the worse case scenario […]
Residential, US Real Estate

Five Solid Reasons to Buy Now

By Mike Wheatley | March 18, 2011
With market conditions the way they are, now is the best time to buy. While many people might advise that you wait until the market bottoms out, that’s bad advice. Residential housing prices are super-low right now, interest rates too, and the chances of seeing this combination again in the next few years are very small.
Real Estate Investing

Six Florida Banks and Texas Ratio Woes

By Phil Butler | March 3, 2011
As if Florida had not been hit hard enough during this economic downturn, especially in the real estate realm, new today from the banking industry simply adds to the state's woes. The Texas Ration, a term used to basically determine bank solvency, for even banks that weathered the Great Recession - shows how fragile the economy really is in the deep South.
US Real Estate

Mortgage Rates Higher This Month - Global Trend

By Mihaela Lica Butler | February 9, 2011
Mortgage rates and refinance rates have been heading higher since late in 2010 in all mortgage rate surveys.
Coaching, US Real Estate

Underwater Home Owners Lose Mobility

By Joe Spake | January 25, 2011
Across the US there are homeowners faced with tough decisions. Not only concerning foreclosures and defaults, but getting out from under homes they cannot sell to take employment elsewhere. Anchored to properties that lost half their value when the bubble burst, some families have to decide between losing their home altogether and having gainful employment and a future.
US Real Estate

Big Banks Face Their Toughest Foes - Almost Everyone

By Phil Butler | January 13, 2011
Legislators are now being confronted not only by borrowers who say banks are to blame for their foreclosure situation, but investor groups who stand to regain billions. In Washington regulators stand poised to put the screws to the banking industry.

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