S&P: Shadow inventory levels begin to improve

HousingWire – FULL ARTICLE The amount of time it would take for the housing market to move through properties lingering in the foreclosure system is finally improving. Standard & Poor’s analysts estimate it would take 47 months for the housing market to work through the shadow inventory, according to their second quarter research note. They revised […]

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Realty Times: Mortgage Rates Sink Lower With Unsteady Markets

Realty Times by Ed Ferrara FULL ARTICLEAnother active week occurred with mortgage rates sinking lower as uneasiness continues to create unsteady markets. Concerns over economic stress around the globe has markets reacting unpredictably each day of the week and have resulted in sliding mortgage rates.

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USA Today: More Homeowners Shorten Mortgage Terms – Opinion

Opinion:  The low rates present a terrific opportunity for homeowners with 30 year fixed mortgages to possibly save thousands of dollars in interest by refinancing into a 15 year mortgage with little or no impact on their monthly payment.  Borrowers can use a mortgage calculator to determine what their payment would be at the current […]

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WAPO: Mortgage tax deductions may soon be in play – Opinion “Get Involved”

Opinion: We believe the best way to change the status quo in Washington, regardless of party affiliation, is to “get involved” in the process and contact your representative. Decisions are made by those who show up at the polls. Make sure to get involved and help architect the change we need. Kenneth R. Harney – Washington […]

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RT: The Basics of Homeowners Insurance

Buying a home is likely the biggest purchase you’ll ever make. It’s important to protect this investment. This is where homeowners insurance comes in. As a renter you may have been required to carry “renter’s insurance,” which was likely a basic plan that covered property losses and damages in case of an accident at which […]

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RISMedia: Mortgage Rates at Record Lows as Stock Market Losses Mount

RISMEDIA, August 11, 2011—Mortgage rates continued to move lower as investor concerns over the health of the U.S. economy increased, reports mortgage rate research website, ForTheBestRate.com. Interest rates advertised on the site have dropped to near their lowest point of 2011 for most products, with the 15 year fixed reaching historical record lows. FULL ARTICLE

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