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Home Loan Demand Nudge Higher in Latest Week
The Washington Post | March 10, 2010
U.S. mortgage applications nudged up last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.
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A Consumer Bill Gives Exemption on Payday Loans
The New York Times | March 9, 2010
Senator Bob Corker, the Tennessee Republican who is playing a crucial role in bipartisan negotiations over financial regulation, pressed to remove a provision from draft legislation that would have empowered federal authorities to crack down on payday lenders, people involved in the talks said.
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Housing: Hope on the Horizon
BusinessWeek | March 3, 2010
Cash-rich builders are buying land again, betting on a turn in the market for new homes.
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The Future of Home-Price Appreciation
U.S. News & World Report | March 4, 2010
After its historic decline brought the global economy to its knees, the U.S. housing market is gearing up for a long-awaited recovery. Real estate experts expect home prices to hit bottom in late 2010 or early 2011 before -- finally! -- heading north again.
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Pending Home Sales Fall in January, Further Deterioration Expected
DS News | March 4, 2010
Following a surge in activity at the end of 2009, pending home sales dropped in January, and due to abnormal weather conditions this winter, additional declines are anticipated in the coming months, the National Association of Realtors said Thursday.
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Rates to Stay Low for Extended Period: Fed Officials
CNBC | March 3, 2010
A soft economic recovery marked by high unemployment and tame inflation should allow the U.S. Federal Reserve to keep interest rates low for a long time, three top central bank officials said on Wednesday.
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Short Sales See Big Jump in Activity
DS News | February 22, 2010
Despite having a bad wrap for often being slow and problematic, short sales are quickly becoming a preferred method to dispose of distressed properties and avoid foreclosure.
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U.S. Housing Aid Winds Down, and Cities Worry
The New York Times | February 16, 2010
Over the next six months, the federal government plans to wind down many of its emergency programs for housing. Then it will become clear if the market can function on its own.
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U.S. Treasury: Economy to Keep Growing in 2010
Reuters | February 16, 2010
The United States economy is expected to continue growing this year, although global recovery remains fragile, Deputy U.S. Treasury Secretary Neal Wolin said on Sunday.
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FHA Policy Change May Draw Investors Back into Housing Market
Daily Herald | January 29, 2010
Call it three birds with one stone: The federal government hopes simultaneously to help low-down-payment homebuyers, investors who fix up foreclosures, and local communities burdened with too many bank-owned and foreclosed homes - all with one potentially far-reaching policy change.
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