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Real Estate News ~

New bill may have lenders eyeing energy billsA new piece of legislation may force lenders to factor in a borrower's anticipated energy costs when underwriting a government-backed mortgage.October 19th, 2011 10:12am
Housing starts increased in SeptemberAccording to new data, housing starts rose in the month of September.October 19th, 2011 9:41am
Houston housing market shows promising increasesData from a recent report shows sales in the Houston real estate market have risen for the fourth consecutive month.October 18th, 2011 10:02am
New foreclosure regulations to keep Houston homeowners informedNew mortgage standards for major lenders are due to take effect starting January 2012, Marketwatch reports.October 17th, 2011 10:15am
Key indicators may mean it's time to buyHome prices have declined more than 30 percent in the past five years, but two key indicators might be saying its a good time to buy again.October 14th, 2011 10:03am
Houston's best community recognizedThis year Houston's Best Community award from the Greater Houston Builders Association went to The Falls at Imperial Oaks.October 13th, 2011 9:58am
Harris County preparing to file suit against major lendersThe major settlement between major banks and many of the state attorneys general may not absolve banks of all liability over problems with the mortgage process.October 13th, 2011 9:40am
Foreclosure rates are slowly stabilizingThe nation's fragile housing market may start to stabilize after another year or two, reports the Wall Street Journal.October 12th, 2011 9:29am
Jeb Bush offers advice on housing marketFormer Florida Governor and Texas native Jeb Bush has recently shown doubt that President Barack Obama will take a firm stance on the country's current housing crisis.October 11th, 2011 10:05am
Former senior advisor Axelrod calls for mortgage finance fixCreating a fairer mortgage system and repairing the housing market will ease the frustration the country has with Wall Street, former senior adviser to President Obama, David Axelrod told the Mortgage Bankers Association.October 11th, 2011 10:01am
Government reducing role in mortgage industryThe US government recently began to pullback the assistance it has been providing to the mortgage market to see if private lenders can pick up the slack, reports The Wall Street Journal.October 10th, 2011 10:13am
Number of homeowners declinesThe amount of Americans who own their homes has seen its largest drop since the Great Depression, says the US Census Bureau.October 10th, 2011 10:05am
Report: Significant number of prime mortgage borrowers have negative equityA recent report from Fitch Ratings revealed that a significant number of prime mortgage borrowers nationwide are experiencing troubles with their loan.October 7th, 2011 6:22am
Number of improving housing markets nearly doubles, says NAHBAccording to the National Association of Home Builders' second edition of its First American Improving Markets Index, the number of improving housing sectors nearly doubled.October 7th, 2011 6:20am
Interest rate for 30-year fixed loans sinks to record lowAccording to Freddie Mac's Primary Mortgage Market Survey, October has started with a bang for prospective homeowners.October 6th, 2011 5:36am
NAR president pushes for housing sector helpSpeaking at a recent forum, National Association of Realtors president Ron Phipps relayed that the struggling housing sector needs to remain the nation's top priority.October 6th, 2011 5:34am
Economists: Interest rates have to rise soonA recent article in The Wall Street Journal explained that many economists are predicting a rise in the nation's mortgage rates soon.October 6th, 2011 5:32am
Houston Airport System helping to boost area's economyRoughly $27 billion was put into the Houston economy by the Houston Airport System in 2010, with hundreds of thousands of jobs created through HAS, a report by Aviation News Today states.October 4th, 2011 6:33am
Mortgage application volume increases, reports MBAThe Mortgage Bankers Association's most recent Weekly Mortgage Applications Survey showed a significant increase in home loan submissions, as more borrowers attempted to refinance their loans.September 30th, 2011 3:44am
FHFA: Average mortgage rate declines during AugustAccording to the Federal Housing Finance Agency, the average interest rate of mortgages sold to government-sponsored enterprises fell during August, representing the fifth-straight month of declines.September 30th, 2011 3:42am
Texas continues to lead country in job creationAccording to a recent report from the Real Estate Center at Texas A&M University, the state continues to lead the nation in terms of job creation, more than doubling the country's pace during the last year.September 30th, 2011 3:40am
Fixed-rate mortgages remain at or near historic lowsFreddie Mac's most recent Primary Mortgage Market Survey revealed that mortgage rates continued to remain close to historic lows for the second-straight week, which may prompt more potential homeowners into action.September 23rd, 2011 6:40am
MBA: Mortgage application volume up as refinancings increaseThe Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending September 16 revealed the volume of home loan submissions increased as more homeowners attempted to refinance their mortgages.September 23rd, 2011 6:38am
Mortgage delinquencies down, foreclosures steady in AugustA recent report from Lender Processing Services may serve as a point of optimism for the national real estate market, which has been marred by distressed properties and late mortgage payments in recent months.September 22nd, 2011 4:45am
Homeownership still part of the American Dream for manyAccording to a recent survey conducted by an online real estate company, owning a home remains a priority for many consumers who still consider it part of the American Dream.September 22nd, 2011 4:43am