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Weekly Mortgage Rates
  30 Year Fixed 6.46 %
  15 Year Fixed 6.19 %
  1 Year ARM 6.36 %
Freddie Mac Natl. Avg.
Updated 10/30/2008



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News

Friday, November 21, 2008

Trulia green and the 'Markerman' 
SAN FRANCISCO -- Visitors to real estate company Trulia's headquarters, in a brick building on Utah Street, are greeted by a lot of green. There ...

Thursday, November 20, 2008

Brokers, change your ways 
Editor's note: Inman News on Nov. 19 announced the launch of Roadmap to Recovery, an editorial project that is focused on the future direction of the ...

Goodbye to Google ranking 
As 21st-century real estate professionals, it might be impossible to understate the importance of Google. Not only does Google provide many professionals ...

Judge locks in DOJ v. NAR settlement 
Settlement of an antitrust lawsuit that the federal government filed three years ago against the nation's largest real estate trade organization ...

Fannie, Freddie suspend holiday foreclosures 
Fannie Mae and Freddie Mac have ordered their loan servicers and attorneys not to evict about 16,000 troubled borrowers or sell their homes while ...

Affordability rises in California 
A growing number of households were able to afford an entry-level home in California in the third quarter, as recent declines in home prices and ...

Wednesday, November 19, 2008

A Roadmap to Recovery 
Editor's note: The U.S. housing market and the real estate industry are in critical condition and they need a roadmap to recovery. But first we ...

'Prefabulous' author wins Bob Bruss award 
Sheri Koones, the author of a book that explores factory-built homes, took top honors in the first annual awards presentation named for longtime ...

Sales, prices, builder confidence slide 
With third-quarter home sales and prices off considerably from a year ago and builder sentiment flatlining, industry groups hope Congress will pass ...

Reinventing the real estate industry 
Editor's note: The U.S. housing market and the real estate industry are in critical condition and they need a roadmap to recovery. But first we ...

Cramdowns might raise borrowing costs 
Legislation that would force lenders to restructure many loans through means including "cramdowns" by bankruptcy judges could raise the ...

Tuesday, November 18, 2008

HUD: Consumers will shop for loans 
Consumers will be less likely to accept overpriced loans, title insurance and other services -- including those offered by businesses affiliated ...

Inman Twitter Census 
Inman member and Connect NYC '09 Bloggers Connect presenter, Gahlord Dewald, wants to take a Twitter Census of all the real estate-related people using ...

'Easy HUD' to support new RESPA rule 
Developers of the real estate closing software application Easy HUD say it will soon support the new loan disclosure forms and settlement procedures ...

Monday, November 17, 2008

Loan mods could restore confidence 
A plan for the government to partially insure lenders when they agree to modify troubled borrowers' loan terms could help stabilize housing markets, ...

Attack of the Real Estate Tomato 
Jim Cronin is owner and author of the Real Estate Tomato, a real estate marketing company that offers "juicy blogging advice for Realtors," ...

Freddie: Expect further declines in lending 
Economists at Freddie Mac are more pessimistic about the economy than they were a month ago, and no longer believe mortgage originations will rebound ...

Friday, November 14, 2008

FSBO site channels listings to Realtor.com 
ForSaleByOwner.com may be helping homeowners put listings on Realtor.com, but don't call them "for-sale-by-owner" listings, site operator ...

Judge sits on DOJ, NAR settlement 
A U.S. District Court judge on Thursday put off a final judgment on the settlement of a 3-year-old legal battle between the U.S. Department of Justice ...

Big jump in foreclosure counseling 
A report from the U.S. Department of Housing and Urban Development found a 55 percent increase in the number of families receiving foreclosure prevention ...

Realogy works to avert default on loans 
Global real estate brokerage and franchise company Realogy Corp. cited "credit and stock market turmoil" and a worsening economic climate ...

Better home search coming to New Zealand? 
Australian-based REA Group today announced it will close its New Zealand residential portal, allrealestate.co.nz, at the end of the month and direct ...

Thursday, November 13, 2008

NAR teams with Move Inc. on database 
National Association of Realtors officials have called upon Realtor.com operator Move Inc. to provide consulting and technology services for a proposed ...

October foreclosure filings climb 
Foreclosure-related filings were up 5 percent in October from the previous month and 25 percent from one year earlier, data aggregator RealtyTrac ...

A broker with a 'blogging problem' 
Jay Thompson, broker-owner for Phoenix-based Thompson's Realty, is a prolific blogger and a published poet. He is self-described at his LinkedIn profile ...

Wednesday, November 12, 2008

Survey: Home values trump for-sale listings 
Gauging home values is a high priority for consumers visiting real estate sites, followed by finding for-sale homes, monitoring price trends, searching ...

Bubble economist headlines real estate event 
Editor's note: Robert J. Shiller, a Yale University economics professor and author of "Irrational Exuberance" and "The Subprime Solution," ...

HUD: New RESPA rule out this week 
Offering a few concessions to the real estate industry, the Bush administration is moving forward with regulatory changes that it expects will dramatically ...

Zillow: One third of homes sold for a loss 
Nearly one out of three homes sold in the last year was sold at a loss, and an estimated one in seven U.S. homeowners were "upside down" ...

NAR's 'green' designation makes debut 
It's getting easier for real estate professionals to go "green." The first training was held this month for a new Green Designation program ...

Tuesday, November 11, 2008

ZipRealty posts agent ratings 
ZipRealty Inc. is making public the customer satisfaction ratings that it's been collecting on its agents for nearly a decade, providing prospective ...

Loan limits coming down? 
Unless Congress says otherwise, temporary limits for mortgages eligible for purchase by Fannie Mae and Freddie Mac or Federal Housing Administration ...

Banking on humor to bail out industry 
Editor's note: The state of the economy and real estate market has got you down? Let humor serve as a temporary bailout for your dark mood. This ...

New plan seeks to streamline loan mods 
A new plan to streamline loan modifications for homeowners who have fallen behind on their mortgage payments could help "hundreds of thousands" ...

Largest MLS launches '2.0' search site 
Metropolitan Regional Information Systems Inc., which servers the Greater Washington, D.C., region as the nation's largest multiple listing service, ...

Asking prices drop in 22 major markets 
Asking prices in 22 of 26 major U.S. markets tracked by Altos Research and Real IQ declined between September and October, with Las Vegas posting ...

Monday, November 10, 2008

Realtors introduce stimulus plan 
ORLANDO -- Directors for the National Association Realtors on Monday formally signed off on a real estate stimulus proposal that calls for a temporary ...

Realtor.com stays atop Hitwise rankings 
Trulia and MSN Real Estate bumped Homegain and Coldwell Banker Real Estate out of Hitwise's top 10 real estate Web site rankings in October, but ...

NAR addresses 're-listing' practice 
ORLANDO -- A white paper introduced during a National Association of Realtors committee seeks to clear up the murky issues associated with properties ...

LandAmerica posts $600 million Q3 loss 
LandAmerica Financial Group Inc. lost $599.6 million during the third quarter, laid off nearly 1,000 employees and was in danger of defaulting on ...

SharperAgent offers marketing tools 
Prudential Connecticut Realty agents are gaining access to a Web-based contact manager and other online marketing tools under a partnership with ...



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