Mortgage, Real Estate, Residential, US Real Estate

October Housing Scorecard a Reason for Optimism

By Mike Wheatley | November 4, 2011
An optimistic showing from U.S. housing markets over the last month has been revealed by new data released by the Obama administration. The October Housing Scorecard Report showed that sales of new homes rose to 26,100 in the last month, but while this is more sales than August’s total of 24,700 new home sales, it’s […]
Featured News, Mortgage, Real Estate, Residential, US Real Estate

Obama Planning Expansion of Home Affordable Refinance Program

By Mike Wheatley | September 13, 2011
More homeowners will be able to make the most of current low interest rates, after the Obama administration announced plans to expand the two-year old Home Affordable Refinance Program. Addressing a joint session in Congress last week, President Obama said that the government would do everything it could to assist “responsible homeowners” in refinancing their […]
Mortgage, Real Estate, US Real Estate

Delays In Home Sales Expected In Hurricane-Hit Areas

By Mike Wheatley | September 7, 2011
Dozens of home sales throughout the east coast of the US have been put on a temporary hold, as a result of the devastation wreaked on the area by Hurricane Irene last week, which caused flooding and damage to properties across eleven states. According to John Walsh of Total Mortgages Services in Connecticut, the problem is that appraisers […]
Mortgage, Real Estate, US Real Estate

Refinancing Homeowners Choosing to Build Equity

By Allison Halliday | June 17, 2011
While millions of US homeowners are refinancing in an effort to cut costs, there are a growing number who are building equity by raising their repayments. It makes perfect sense if you can afford it, as some people are shaving several percent off their newly negotiated equity release interest rates, making it possible to pay […]
Commercial Real Estate, US Real Estate

Venture West's $7.8 Million Saves Cali Apartments

By Tavis J. Hampton | January 19, 2011
Venture West funding helps rescue 4 apartments out of economic hardship. With help from Greystone Servicing Inc., almost $8 million is secured for a private owner who needed emergency finance. The four complexes have almost 100 percent occupancy, and 7 and 10 year financing was needed to save this business.

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