Happy Memorial Day
Category Archive: Everything Else
May 26
All gave some, some gave all
Jan 27
Economic News for the week of January 20th
Check out the latest economic news from Stephen Chow, Mortgage Broker, Sterling Bank on his Inside Lending Newsletter. Words from Stephen: Fannie Mae projects overall economic growth to rise from 2.6% in 2013 to 2.9% in 2014, with housing’s contribution expected to double from 0.3% to 0.6%. Fannie Mae economists also expect a modest rise of about 2% …
Jul 07
Tweet-Tweet Best Practices! Tweet on Saturday…
Tweet-Tweet on Saturday: Best Practices for Twitter! A new study titled Strategies for Effective Tweeting: A Statistical Review provides scientifically based advice to help you use Twitter more effectively. The study looked at “engagement” (by which it means retweets and replies). According to the results, brands get 29 percent more engagement from their followers when they tweet …
Feb 27
February 2012 News You Can Use
Your credit report When you take out a loan, your lender will review your credit report from independent companies that monitor your credit. Your credit report is a compilation of three key factors: your credit history, information from employers, and financial information gathered from public records. Taken together, all this information is used to …
Jan 06
Signs of housing turn-around
Floor for home prices? Recent data, such as new-home starts and existing-home sales, have offered some glimmers of hope. The release of the S&P/Case-Shiller index for October shows additional slippage in prices. But the rate of decline in the index, which tracks home prices in 20 metropolitan areas, is expected to continue slowing, to less …
Jun 21
Housing fall greater than during Great Depression
The housing double dip is official: US home prices fell in the first quarter to a new recession low. “This month’s latest S&P/Case-Shiller price index report is marked by the confirmation of a double-dip in home prices across much of the nation,” said David Blitzer, chairman of S&P’s index committee. “The National Index fell 4.2% over the …
Jun 02
Video: Chase-Shiller Report on housing for first quarter 2011
Home prices hit a new low in March, nearly five years after they first started to fall, according to the S&P/Case-Shiller index of home prices in 20 cities. It’s important to bear in mind that the report reflects sales that were recorded in January, February and March 2011. These sales were negotiated before that, so …
Apr 12
Regulators pushing for minimum 20% down
Banking regulators are pushing for mortgage-lending rules that require homeowners to make minimum 20% down payments on loans classified as lower-risk, according to people familiar with the matter. The proposal is being floated as a way to rewrite the rules for mortgage lending to prevent a re-run of the housing bubble and financial crisis that …
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