Archive for October, 2011
A banking guide with more clout than ‘Occupy Wall Street’
Even if you aren’t a member of the Occupy Wall Street band of protestors, chances are, you are thinking about shopping for a new bank or financial services provider because you are fed up with their behavior. Banks are raising [...]
Rental market booming with new construction, renters spending increasingly more for housing than homeowners
More proof the rental market is firing on all cylinders: multifamily housing construction is up and renters are paying an ever larger share of their income for housing,
Don’t be spooked by financial decisions
NATIONAL FOUNDATION FOR CREDIT COUNSELING -- Halloween tricks or treats come along only once a year, but the consequences of financial decisions can last far past the spooky
Moving to lower-poverty neighborhoods reduces obesity, diabetes risk
U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT -- Very-low income women who have the opportunity to move from high-poverty neighborhoods into lower poverty areas are significantly less likely
Mortgage rates remain low, flat
Rates on conforming 30-year, fixed-rated mortgages (FRM) at an average 4.10 percent, the week ending Oct. 27, 2011, were relatively unchanged from 4.11 percent last week. The average
Should I add clover to my lawn?
GRANITE SEED -- Prior to the 1950s, clover was a part of most grass seed mixes for lawns. Clover’s ability to reseed itself and stay green was considered
‘Keep Your Home California’ loaded with cash to help Californians keep homes
A California program funded with $2 billion in federal stimulus money is designed to help 100,000 struggling homeowners, but since the program launched in February, only 7,000 home
News that really haunts home
DEADline Newsroom -- Boo! Here's a series of stories we exhumed from the DEADline Newsroom's news morgue to give you a little chill, send you a spooky thrill
Say ‘Goodbye’ to low jumbo loan rates
The rules have changed for home buyers and refinancing homeowners. In early February, President Barack Obama announced the federal government's plan to phase out government-sponsored mortgage lenders Freddie
1099 Nation
One in five works as a '1099er,' helping to support an unsupportive economy. Some of them are reluctant, others entrepreneurial, a third variety is a hybrid of both and
HARP refinance program makes it easier to capitalize on low rates
FEDERAL HOUSING FINANCE AGENCY -– The Federal Housing Finance Agency, with Fannie Mae and Freddie Mac (the Enterprises), today announced a series of changes to the Home Affordable
Who dominates real estate, men or women?
Real estate women go after the big bucks. Real estate men carry a larger load. In the greatest debate since rent-vs-buy, real estate listing and market data web site
TV’s leading haunted house is a disclosure nightmare
A house of horrors is the real lead character in the new FX suspense drama "American Horror Story," which, in early episodes, finds its owners trying to illegally
Short sale sellers pocket up to $33,000 in moving costs
Q: Robert, I am in the middle of a short sale and was told that there is a government program that offers you $30,000 for short sale assistance.
Researchers warn of emerging public health crisis linked to mortgage default and foreclosure
UNIVERSITY OF MARYLAND SCHOOL OF MEDICINE -- Researchers warn of a looming health crisis in the wake of rising mortgage delinquencies and home foreclosures. The study, released today
Dump your bank for a better deal
Like most Americans, you probably feel like your bank is taking you to the cleaners. "Get a fair shake, not a shake down," appropriately reads the headline of Money
Four key risks in real estate investing
TERICA KINDRED -- While investing in real estate is simple in theory, it is rarely easy in its execution. There is much involved - from banks' stringent requirements and
Foreclosures become public health issue
You know that sinking feeling you got when your lender served you with a foreclosure notice? It could put you in the hospital or send you to your shrink. Or,
Rental market humming at pre-recession levels
The residential rental market is perhaps one of the few, if not the only, economic sectors firing on all cylinders in a full-recovery mode. If you are planning to
Beige Book: Home prices flat, declining in all districts
FEDERAL RESERVE -- All twelve Federal Reserve Districts reported that real estate and construction activity was little changed, on balance. Residential construction, sales and prices remained flat, at


























