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Home mortgage rates and real estate news - CNNMoney.com
Finally, a foreclosure settlement (Maybe)
States have until late Monday to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home's value.
Home repairs: Which jobs come first?
Lean times call for budgetary triage. But while you should clearly opt for orthodontics before Disneyland, the choice is tougher when it comes to home maintenance.
Mortgage rates hit another new low
Just one day after President Obama detailed a proposal to enable millions of homeowners to refinance to record-low mortgage rates, those rates notched another record.
Obama proposes new home loan refinancing plan
The Obama administration on Wednesday detailed its latest plan to help millions of homeowners refinance their mortgages to today's historically-low rates.
Top 10 turnaround towns
Florida's cities were some of the hardest hit by the housing bust, but now they are leading the charge back. Of Realtor.com's top 10 turnaround towns, eight are in the Sunshine State.
Don't rush into REITs
You'd think that investors would be leery of companies that own and manage commercial real estate. Vacancy rates remain elevated in office buildings and shopping centers. Except for apartment buildings, rents really haven't grown at all in four years. And given the possibility that the global economy may retrench yet again, things could still get worse before they get better.
REITs to avoid
Investors are racing into REITs that promise higher yields than equity REITs. But be forewarned, the higher yields of these other types of real estate vehicles come with very real risks.
Housing: The one bailout America could really use
Laurie Goodman is an apolitical number cruncher who has spent most of her 28-year career out of the public view, studying the minutiae of mortgage-backed securities (MBS) for big investment banks. She's long been a star among Wall Street insiders, however. She holds the record for the most top rankings for fixed-in-come research from the trade bible Institutional Investor.
Become your kid's mortgage lender
Between slumping prices and low mortgage rates, it's a good time to look for real estate bargains. But thanks to tightened lending standards, legions of young would-be homebuyers aren't exactly in a position to take advantage of the opportunity. That's where their parents come in: One in three first-time buyers received either a gift or a loan from their families to help buy a home in 2011, according to the National Association of Realtors.
Home prices post steep decline
Home prices posted a steep, month-over-month drop in November, falling 1.3%, according to the latest S&P/Case-Shiller 20-city report. Prices fell in 19 of the 20 cities the index covers.
The housing recovery that wasn't
FORTUNE -- Over the past few months, a spate of good news about the U.S. housing market has led some to think a recovery is finally on the horizon.
Mortgage probe unveiled as foreclosure talks loom
President Obama's latest probe into the mortgage meltdown will have more power than past efforts, and federal officials say it won't derail a possible $20 billion settlement for underwater and foreclosed homeowners.
Obama expands foreclosure prevention program
The Obama administration is taking another swing at improving its main foreclosure prevention program.
New-home sales hit a record low
Just 302,000 new homes were sold in 2011, 6.2% below 2010 and the lowest number of annual sales since the government started tracking home sales in 1963.
Romney's real estate deals
Out of all of the presidential candidates, former Massachusetts Governor Mitt Romney owns the most real estate -- even after unloading a couple of sizable properties.
Foreclosures made up 20% of home sales in 3Q
Sales of homes in foreclosure comprised 20% of all U.S. residential sales during the third quarter, according to RealtyTrac.
Mortgage crimes are focus of new task force
A new special task force to investigate and prosecute those responsible for bad mortgages during the housing boom will be part of President Obama's 2012 agenda.
Has Obama's housing policy failed?
President Obama is expected to once again offer ways to help the beleaguered housing market in his State of the Union speech Tuesday night.


RISMedia
Today’s News at a Glance

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Top Brokers Holding Strong in Tough Market

The industry’s leading residential real estate firms are quickly responding to RISMedia’s 24th Annual Power Broker Survey, reporting strong numbers for 2011 despite a challenging economic landscape.

As the preeminent ranking of the industry’s top residential real estate brokerages, RISMedia’s …

Monday Morning Mobile: Follow the Leaders

As an independent real estate firm or agent we often don’t have resources (time and money) to research market trends and analyze consumer behavior. So what do we do? I recently read Crash Boom, By Greg Rand (great book—lots …

Overcome Objections and Close the Sale

Unfortunately, the first two orders many new salespeople receive are, “Get out and stay out!” It is only natural for your prospect to procrastinate when asked to make a decision involving money. As a general rule, people are hesitant to …

How to Dig Deeper for Real Customer Satisfaction

A traveler attempting to book a plane ticket by phone became frustrated after choosing from a menu of endless options then waiting on hold for 20 minutes before eventually being transferred twice, the second time to a dial tone. When …

Don’t Forget a Home Inspection with a New Construction Home

Every home—whether it’s a resale or new—has some kind of an issue, and the reality is that there is no “perfect” house. Many homebuyers embark on their search for a home with the belief that new homes should be flawless, …

Tales from the Field: A Homeowner Who Fought Foreclosure and Won

(MCT)—Foreclosure commonly represents the end of a struggle. A borrower can’t pay a mortgage, loses a home and moves on.

But Karen Mena, a 38-year-old county worker, never gave up. Mena fought even after her San Bernardino,  Calif., home was …

Prudential Network Realty’s ‘Women Rock’ Event a Success

More than 100 people recently turned out for “Women Rock,” an informative networking event benefitting the Joanne Arnett Tutschek Breast Cancer Fund at the Flagler Health Care Foundation, in St. Augustine, Florida.

Held at Marsh Creek Country Club in St. …

Apartments.com Donates $15,000 to Chicago Coalition for the Homeless

Apartments.com presented a check for $15,000 to the Chicago Coalition for the Homeless recently, at the culmination of its “Raising Awareness. Taking Action: A Campaign to Help End Homelessness” Facebook initiative. As part of the campaign, Apartments.com promised to donate …

Today’s News at a Glance

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Information Is Power…Again

Setting yourself apart from your competition is becoming increasingly difficult. The emergence of social media into the business world has created platforms where constant, ongoing contact is possible. As a result of this desire to be in constant contact, many …

Bulk Sales of GSE Foreclosures Begin

The Federal Housing Finance Agency (FHFA) recently invited investors interested in purchasing pools of Fannie Mae, Freddie Mac and FHA foreclosures in the nation’s hardest-hit metropolitan areas with the requirement they rent them for a period of years to pre-qualify.…

Average Mortgage Rates Ease Setting New Record Lows

Freddie Mac (OTC: FMCC) recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing average mortgage rates dropping to new all-time record lows as data on economic growth fell short of market projections. All products in the PMMS …

Divorce Can Ensnare Home Sales

(MCT)—Months after they agreed to split up, Jaimie and Michael Bolnick continued to live together as they tried to sell their house in Oakland, N.J.

“It was really hard,” Jaimie Bolnick recalled. “You’re living in the house and trying to …

Today’s News at a Glance

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QR Codes: The Here and Now of Mobile Marketing

While more and more consumers are turning to their smartphones for information, brokers and REALTORS® everywhere are adapting in order to properly serve their mobile, forward-thinking clientele. The latest trend in the world of mobile marketing is not only dominating …

5 Tips to Brand Your Way to Success

When most business owners think about creating a brand for their businesses, they immediately think about logos or brainstorm amusing taglines. Yet, effective branding goes much deeper than this.

“One vital component of building a recognizable brand for your business …

Facebook Files for Initial Public Stock Offering

(MCT)—Facebook has filed papers for what’s expected to be the largest initial public offering ever to come out of Silicon Valley and one of the largest in U.S. history.

Ending months of breathless speculation, the 8-year-old social networking company has …

Mortgage Applications Down Nearly 3 Percent Last Week

Mortgage applications decreased 2.9 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 27, 2012.

The Market Composite Index, a measure of mortgage loan application volume, …

Today’s Featured Listing: Wine Lover’s California Dream

Today’s Featured Listing, offered at $2,895,000, is being listed by RISMedia’s Top 5 Member Dana Green Team.

Situated in one of Lafayette’s most sought-after neighborhoods, this enticing Bob Swatt-designed estate combines architectural elegance, privacy and panoramic views. Featured in numerous …


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WTHR - Wireless News
Notebook: As usual, a Manning wins with late drive in Indy
A large contingent of Colts fans were still happy at Lucas Oil Stadium, getting to watch Tom Brady and the rival New England Patriots lose.
Giants rally for Super Bowl XLVI victory
The New York Giants have again taken a Super Bowl victory away from New England.
Archie Manning: Special to see son Eli win in Indy
Archie Manning got to see his son Eli win his second Super Bowl championship, this time in the city where Peyton made his career.
Indianapolis sets precedent with Super Bowl plans
The head of the Super Bowl Host Committee is pleased to see that future host cities may be following the model set by Indianapolis.
Patriots can't win biggest game for Kraft
A season that began with heartbreak for New England Patriots owner Robert Kraft ended with another loss.
Fans thrilled by Super Bowl XLVI
Super Bowl fans shouted, posed for pictures and traded high fives as they headed into Lucas Oil Stadium. For them, there was no better place to be Sunday than Indianapolis.
Deputy arrested for public intoxication downtown
A Marion County Sheriff's Department deputy was arrested late Friday in downtown Indianapolis.
Police brace for post-Super Bowl crowd downtown
While foot traffic on Georgia Street is as light as it has been all week, police downtown are bracing for a postgame surge in the Super Bowl Village.
Authorities: Husband of missing Utah woman blew up house
Authorities say it appears the husband of a missing Utah woman deliberately blew up a house, killing himself and his two young sons.
Obama says he deserves re-election, job's not done
President Barack Obama says he deserves re-election, despite the nation's economic troubles.

The Hoagland Group services Central Indiana and specializes in Homes For Sale in Greenwood, Indianapolis, Avon, Carmel, Geist, Whiteland, Center Grove, Perry Township, Franklin Township, Mooresville, Martinsville,Trafalgar and Franklin. 

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