Tag Archives: mortgage lending

Home Prices Will Continue To Rise Through 2017

CoreLogic, which describes itself as, “the leading global property information, analytics and data-enabled solutions provider”, has released its most recent report on pricing and the housing market. Titled the, “U.S. Home Price Insights Report” this report gives accurate historical information mixed with data based forecasting to show where home prices have been and points toward where prices are headed to. In the over-all scheme of things, CoreLogic’s finding show that the US has seen 51 consecutive months of year over year increases in home prices. The...
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Home Price Comparison Across North Carolina

Homes prices can differ radically between counties here in the mid coastal region of North Carolina. But how do we compare in price and market with the rest of the state? You might be surprised where the cheapest homes are and what market place is doing the best. The North Carolina Association of Realtors gathers monthly data from all of its participating multiple listing service (MLS) members across the state. The most recent data just released is for September. It showed that the average sold price...
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Radical Change In Mortgage Lending

I got the following message from the Congressional Budget Office last week about H.R. 2767, Protecting American Taxpayers and Homeowners Act of 2013. “H.R. 2767 would require the Federal Housing Finance Agency to repeal the charters of Fannie Mae and Freddie Mac and end the operations of those firms five years after enactment of the bill. Thus, after 2018, those two government-sponsored enterprises (GSEs) would cease to guarantee new mortgages.” How significant would it be to the housing market if Freddie and Fannie went away? According to...
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Homebuyers Mystified by Mortgages

Homebuyers. Francis Bacon said, “Knowledge is power.” But a recent survey just released about home buyer’s knowledge about mortgages and mortgage lending reveals that a lot of us have something to learn and it’s costing us money. “Time is money” said Benjamin Franklin. If you are having any thoughts of buying or refinancing a home now is the time to learn about financing….

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Crystal Coast Fishing Report – May 2013

Crystal Coast Fishing Report. From Blue Marlin to Bluefish and everything in-between, the fishing along the Crystal Coast and Cape Lookout has rocketed into a fast pace. The beaches, sounds, inshore and offshore catches have all been great. But here’s the good news. It’s just getting started! Beach water temperatures this past week have been averaging around 64-66 degrees. Just a few degrees warmer and Spanish mackerel will move into the piers and beaches….

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Homeowner Insurance Rates to Increase

Homeowner Insurance Rates. On March 5, 2013 Wayne Goodwin, North Carolina Insurance Commissioner signed an agreement with insurance companies allowing a statewide rate increase of homeowner insurance of on average 7 percent. The actual rates vary tremendously according to individual territories within the state. The North Carolina Rate Bureau, which represents the insurance companies, had requested an overall statewide….

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