Linda Young – AHN News Writer Washington, D.C., United States (AHN) – Home prices in November continued their fall from the bubble-high prices of 2006, dropping by 1.3 percent compared to October, according to the latest S&P/Case-Shiller 20-city report. Sales prices fell for the second consecutive month in 19 of the 20 cities the index [...]
Archive for the ‘Mortgages’ Category
Home prices continue to fall
February 2nd, 2012 
davidguide 
Posted in Mortgages 
Tags: AHN, david m blitzer, full time job, home, index, mortgage interest rates, October, percent, second consecutive month, steep decline, u s census, u s census bureau 
Comments Off‘Expat Unfriendly’: Fighting words for the UAE
January 23rd, 2012 davidguide The Media Line Staff United Arab Emirates David Rosenberg (The Medi – Calling the United Arab Emirates (UAE) the world’s “least friendly” place for expatriates-well, those are fighting words. Certainly, they are in a place where non-citizens make up close to 90 percent of the population and are responsible for everything from running the national [...]
Posted in Mortgages Tags: befriend, david rosenberg, fighting words, forbes magazine, Host, HSBC, line staff, list, National, national airline, ruffled feathers, united arab emirates Comments OffMortgage rates fall to new lows
January 13th, 2012 davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – If it sounds like you have heard this before you are right. Mortgage rates have fallen once again to a record low. On Thursday, mortgage giant Freddie Mac reported the average rate on 30-year fixed mortgages fell to 3.89 percent in the [...]
Posted in Mortgages Tags: 30 year fixed mortgages, AHN, fixed mortgage rates, Freddie Mac, housing, housing market, lows, market crisis, Mortgage, news, news reporter, percent Comments OffDow ended final trading day of 2011 down, closed up for the year
January 3rd, 2012 davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Last year was turbulent, trying and tumultuous for global stocks and commodities, And for many investors and traders, 2011 couldn’t end soon enough. In the final trading day of 2011, the Dow Jones Industrial Average closed down 69 points, but managed to [...]
Posted in Mortgages Tags: AHN, alpha natural resources, cabot oil, dow jones industrial, dow jones industrial average, gain, gas, global stocks, hansen natural, oil, percent, stocks and commodities Comments OffNew home sales jump in November to 7-month high
December 24th, 2011 davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – New home sales jumped in November from October. But, 2011 is still on track to end the year as the worst year for home sales in history. On Friday, the Commerce Department said new home sales rose 1.6 percent last month to [...]
Posted in Mortgages Tags: AHN, commerce department, economists, home, housing, housing market, low mortgage, mortgage rates, national association of home builders, news reporter, October, track Comments OffIsrael faces housing bubble – or bust, OECD warns
December 14th, 2011 davidguide The Media Line Staff Jerusalem, Israel David Rosenberg (The Medi – Home prices – an anxious subject for both Israeli consumers and policy makers as they first raced higher and then suddenly started to sink – remain a threat to the economy, the Organization for Economic Cooperation and Development (OECD) warned on Monday. Although the [...]
Posted in Mortgages Tags: bank of israel, catastrophic collapse, david rosenberg, development oecd, economic cooperation, home, housing, jerusalem israel, lending, loan repayments, Media, percent Comments OffFannie Mae, Freddie Mac spark holiday eviction moratorium by banks
December 4th, 2011 davidguide Linda Young – AHN News Writer Washington, DC, United States (AHN) – Some struggling homeowners who are in foreclosure proceedings are getting a gift from an unlikely source: no eviction over the holidays. Fannie Mae (FNMA, Fortune 500), Freddie Mac (FMCC, Fortune 500) say they will not evict anyone from Dec. 19 through Jan. 2. [...]
Posted in Mortgages Tags: AHN, credit portfolio management, eviction, Fannie, Fannie Mae, financial challenges, foreclosure proceedings, foreclosure sales, fortune 500, Mae, terry edwards, Young Comments OffShantytown dwellers face eviction
November 24th, 2011 davidguide Port Harcourt, Nigeria (IRIN) – Over 200,000 people living in shantytowns on the waterfront in Port Harcourt, capital of Rivers State, southern Nigeria, could be forcibly evicted if local authorities carry out their threat to demolish the settlements, say human rights group Amnesty International and local activists. “I will demolish [the] waterfronts. All of them,” [...]
Posted in Mortgages Tags: adequate consultation, amaechi, amnesty international, human rights group, port harcourt nigeria, rivers state, southern nigeria Comments OffMortgage rates back below 4 percent
November 14th, 2011 davidguide Diane Alter – AHN News Reporter New York, NY, United States (AHN) – For just the second time in history, the average rate on a 30-year fixed mortgage fell below 4 percent in the latest week. After falling to an average 3.94 percent on a 30-year fixed mortgage in the week ending Oct. 6, rates [...]
Posted in Mortgages Tags: 30 year fixed mortgage, AHN, economy, fixed mortgages, mortgage rates, news, news reporter, Oct, percent, recovery mode, time in history, year fixed mortgage Comments OffAmerica’s Growing Income Gap, by the Numbers
November 4th, 2011 davidguide ProPublica Staff Washington, DC, United States (ProPublica) – by Braden Goyette The nonpartisan Congressional Budget Office recently released a much-discussed study showing that over the past three decades the income of the highest-paid Americans has soared while the income of others has grown much more modestly. Here’s a rundown of some statistics illustrating the growing [...]
Posted in Mortgages Tags: congressional budget office, economic cooperation, household, household size, income gap, income mobility, income quintile, other developed countries, percent, rundown, staff, study Comments Off