Case-Shiller Index Shows Home Values Still Rising

For the second month in a row, 18 of the 20 Case-Shiller real estate markets posted higher home values.  It’s the 6th consecutive strong showing for the benchmark private-sector housing index. Combined with falling home supplies and rising sales figures, this month’s Case-Shiller Index suggests...

More Guideline Changes – Fannie Mae Passes New, Tougher Mortgage Guidelines

Getting approved for a mortgage is about to get harder. For the second time in less than 3 months, Fannie Mae announced changes to its mortgage guidelines. In its official announcement, Fannie Mae details the updates, meant to reduce the mortgage firm’s overall risk. The first major change is with...

Mortgage Rate Forecast Week of September 28, 2009

The mortgage market resumed its winning streak last week after a 1-week hiatus. Markets rallied into the weekend and mortgage rates eased lower overall. It’s the third week out of four that rates improved and, ironically, rates may have dropped last week because traders were watching the wrong...

A Letter From Peter Schiff A Professional I Highly Respect

I remember back in 2007 watching Petter on CNBC telling the reporter how an economic crisis was coming and the doom and gloom, I brushed it off. Until everything he stated came to fruition! At that point I knew he was a man that I needed to adhere to. This is the most recent email from Peter Schiff. If you...

Existing Home Supply Falls By Nearly A Year

As reported by the National Association of REALTORS®, the number of Existing Home Sales dipped last month, ending the metric’s 5-month winning streak. Newspaper headlines today are overwhelmingly negative on housing. You’d almost believe this year’s housing recovery had...