Archive for the ‘mortgage’ Category

5 Reasons to Buy a Home Now

Tuesday, January 20th, 2009

There’s a brief exchange I had a few years ago with a friend’s father that I’ll never forget. We were sitting outside a Washington DC lunch spot talking about what I was going to do when I got out of college when I asked Mark, who’s been a real estate ...

Home Price Index Hit With 18% Drop In October

Tuesday, December 30th, 2008

Homes prices across the country dropped again between September and October, marking the 27th month in a row that the S&P Case-Shiller Index has posted losses. The mean price of homes saw a 2.2% drop, bringing prices back down to where they sat in March of 2004. Altogether, home prices ...

Mortgage Loan Delinquency Rate Sees Dramatic Raise

Monday, December 8th, 2008

A TransUnion report published Monday revealed that 53% of homeowners whose interest rates were modified earlier this year ended up defaulting within six months regardless of the adjustment. The report findings come from a surveyed 60% of those with primary mortgages, a tally that covers over 35 million homes worth ...