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Sunday, March 24, 2013
Saturday, March 23, 2013
Mortgage Rates Reverse, Head Lower This Week
Mortgage rates moved lower this week, just in time for the spring home buying season, Freddie Mac reports. http://feedproxy.google.com/~r/DailyRealEstateNews/~3/fgQQ09ajsm0/mortgage-rates-reverse-head-lower-weekJim Gross @ uwad.com
Study: Buying a Home Is 44% Cheaper Than Renting
The recent rises in asking prices has been outpacing the increases in rents, but home buying still makes more financial sense in most places,...http://feedproxy.google.com/~r/DailyRealEstateNews/~3/y3vX3doa6E0/study-buying-home-44-cheaper-rentingJim Gross @ uwad.com
Molester Sued by Neighbors to Make Him Buy Their Home
A Pennsylvania couple is suing a neighbor, who once pleaded guilty to sexually molesting their daughter, in an attempt to get a court to force the...http://feedproxy.google.com/~r/DailyRealEstateNews/~3/zBbfOeXosF4/molester-sued-neighbors-make-him-buy-their-homeJim Gross @ uwad.com
UNM, great restaurants, downtown and Albuquerque famous route 66
UNM, great restaurants, downtown and Albuquerque famous route 66Every Sunday afternoon after church you will typically find me, my 16 year old son and wife at Frontier Restaurant, one of Albuquerque downtown’s famous hangouts. It’s not the great décor, neon lights or history that draws us from the west side of ABQ to the UNM area – it’s the great downtown vibe. UNM is an extension of that downtown feeling. The great thing about the University of New Mexico is that you can pretty much leave your car at home with your parents. Just bring your bike like 1,000’s of UNM students do. You are within walking distance of great coffee places like our local Flying Star or dozens of great eateries from pizza to fine dining. Night life is close by from pubs with great blues bands to trendy bars.If you are thinking about buying some real estate in the UNM area, this may be the perfect time. Interest rates are low, home prices are still rather flat and rents are up. The only consideration is that more buyers are in the market than before, so good deals don’t last more than a few days in this part of Albuquerque.So now that you know a little bit more about some of my Albuquerque real estate listing secrets let me show what I can do for your next real estate home sale or purchase! Albuquerque real estate is a passion! Just let me know how I can help.Contact: 505-980-7788 EMAIL JIMhttp://www.virtualtourclub.com http://www.searchforalbuquerquerealestate.com http://www.realestatevideotalk.com/about http://www.marketinghomesonline.comJim Gross – 360 Ventures Real Estate, Albuquerque NMSEARCH LIVE – LOCAL ALBUQUERQUE REAL ESTATE AT ANY OF THESE PROPERTY LINKS: Albuquerque | Albuquerque Acres | Belen | Bernalillo | Bosque Farms | Corrales | Downtown | East Mountains | Eastside | Fairgrounds | Foothills | Four Hills | Glenwood Hills | High Desert | Kirtland AFB | Ladera | Los Lunas | Los Ranchos | Mesa Del Sol | Nob Hill | North Valley | Northeast Heights | Old Town | Oxbow | Pajarito | Paradise Hills | Peralta | Placitas | Primrose Point | Rio Rancho | Sandia Heights | Sandia Labs Area | Sandia Park | South valley | Tanoan | Taylor Ranch | UNM | Uptown | Ventana Ranch
Finance Committee Chair Suggests FHA Could be Next Countrywide
Posted To: MND NewsWireOn Wednesday the House Financial Services Committee held the first of a scheduled series of hearings on the financial condition of the Federal Housing Administration (FHA) . A memo released by the Committees chairman Jeb Hensarling (R-TX) says that the FHAs single-family insurance fund which insures more than $1 trillion worth of home mortgages , has a negative economic value of $16.3 billion, according to an independent actuarial report released in November which means that if the FHA stopped writing new business today, it could not cover the losses anticipated on loans it has already insured. Hensarling opened the February 6 hearing saying that, while the recently reported negative economic growth in the last quarter does not necessarily indicate a trend, subpar economic growth of 1-1/2...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.http://www.mortgagenewsdaily.com/02072013_fha_reform.asp| Call Bonnie Kelly for all your real estate needs: 505-350-8672 @ uwad.com
The Day Ahead: ECB Announcement and Jobless Claims
Posted To: MBS CommentaryHeading into and out of the first Friday of most months, its common to see volatility swell and ebb around the Employment Situation Report. Granted, in some instances, there are other considerations of sufficient size to throw that conventional wisdom out the door, but all other things being equal, it generally holds true. Looking at the last part of January and the first part of February, we may be able to see some of this phenomenon in play, but certainly, we know weve had other market moving considerations. Through whatever combination of post-NFP cooling down and "other considerations," stocks and bonds have both been consolidating their trading ranges for the past two days. Not much has been made of todays ECB Announcement. The lack of attention may justified, or part of the consolidative...(read more)Forward this article via email: Send a copy of this story to someone you know that may want to read it.http://www.mortgagenewsdaily.com/mortgage_rates/blog/294796.aspx| Call Bonnie Kelly for all your real estate needs: 505-350-8672 @ uwad.com
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