30-Year Fixed Mortgage Rates Spike Eight Basis Points
Mortgage rates for 30-year fixed mortgages rose last week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.27 percent, up from 4.19 percent at this same time last week. The 30-year fixed mortgage rate surged early last week, peaking at 4.33 percent on Thursday before dropping down near 4.28 percent, where […]
Home prices surge 10%, highest annual increase in 7 years
by Tara Steele in Housing News – May 28, 2013 Confirming other recent reports, home prices have jumped more than any other month since the summer of 2006, marking that the residential real estate recovery is slowly, but surely under way. Home prices see massive improvement According to the S&P/Case-Shiller Home Price Indices released this morning, the 10-City and 20-City […]
Short sale agents: how to postpone a foreclosure date
by Melissa Zavala in Housing News – May 28, 2013 A common problem is not knowing a foreclosure date in a short sale transaction, so here are four ways to postpone a foreclosure date to keep a listing on track. Watch for upcoming foreclosure dates When taking a short sale listing on a property owned […]
