Feb 19
WASHINGTON – President Obama is rallying support for his plan to expand government assistance to homeowners, pressuring Congress to help lower lending rates for millions of strapped homeowners. Obama, in his radio and Internet address Saturday, urged the public to “get on the phone, send an email, tweet,” and visit with their lawmakers about his …
Permanent link to this article: http://www.greenbrierrealestateservices.com/obama-pressures-congress-on-mortgage-refinance-program/
Dec 16
Canadian small businesses have a false sense of security when it comes to workplace fraud, says a report released Tuesday, and it cost them billions of dollars last year. More than one in four companies in Canada with fewer than 500 employees (26%) suffered at least one instance of occupational fraud last year, according to …
Permanent link to this article: http://www.greenbrierrealestateservices.com/canadian-small-businesses-lost-3-2-billion-to-workplace-fraud-last-year-studyfinds/
Dec 10
NEW YORK, Dec. 8, 2011 /PRNewswire/ — the jumbo 30-year fixed mortgage rate fell to a new record low of 4.68 percent, according to Bankrate.com’s weekly national survey. the average jumbo 30-year fixed mortgage has an average of 0.4 discount and origination points. (Logo: photos.prnewswire.com/prnh/20040122/FLTHLOGO ) To see mortgage rates in your area, …
Permanent link to this article: http://www.greenbrierrealestateservices.com/bankrate-jumbo-mortgage-rates-hit-new-record-low-new-york-dec-8-2011-prnewswire/
Nov 29
Under plans to extend the right–to–buy scheme, families will be entitled to up to twice the existing discount offered, potentially allowing millions more people on to the property ladder. The scheme forms part of the Government’s strategy to build hundreds of thousands of new homes and is expected to be unveiled by David Cameron and …
Permanent link to this article: http://www.greenbrierrealestateservices.com/council-homes-right-to-buy-discount-will-be-doubled/
Nov 28
Thursday, November 24, 2011 » 07:36pm A new report finds competition in the mortgage sector is dwindling but home buyers will benefit from a mortgage price war between big banks next year. The risk of a continuing pricing war between major banks, however, will see further squeezing of non-bank lenders and ultimately less competition in …
Permanent link to this article: http://www.greenbrierrealestateservices.com/home-buyers-to-benefit-from-bank-battle/
Nov 18
Half a grand doesn’t buy you much these days, not even a trolley of groceries; perhaps a dinner for two at a moderately upmarket restaurant, if you choose a cheapish bottle of wine. Conversely, it’s probably not very difficult to find R500 a month to put aside for a rainy day. Let’s say you’ve given …
Permanent link to this article: http://www.greenbrierrealestateservices.com/10-ways-to-invest-r500-a-month/
Nov 14
BY NICK TIMIRAOS Concerns are rising that the Federal Housing Administration could run out money if the economy doesn’t recover soon, raising the risk the agency would seek a taxpayer bailout for the first time in its 77-year history. Since the mortgage crisis erupted five years ago, the FHA has played a critical role in …
Permanent link to this article: http://www.greenbrierrealestateservices.com/risk-rises-for-housing-agency/
Nov 12
They are at it again. despite numerous unsuccessful tries to develop a government-facilitated plan to refinance problem mortgages, another one appears to be on the horizon. this one, currently being considered by state and federal officials and large mortgage lenders, has a better focus than earlier versions, but would at best help only a small …
Permanent link to this article: http://www.greenbrierrealestateservices.com/proposed-mortgage-refinance-plan-would-help-only-a-few/
Nov 11
It’s easy to go with the knee-jerk reaction and say that the expanded refinance program simply puts off a day of reckoning for Fannie and Freddie — since the refinanced borrowers will still owe more than their homes are currently worth. but the expansion of refinancing activity will actually lower the government-sponsored mortgage giants’ risk. …
Permanent link to this article: http://www.greenbrierrealestateservices.com/obamas-refinance-plan-is-a-lifeline-everyone-should-grab/
Nov 06
NEW YORK (CNNMoney) — In the latest attempt to address the ailing housing market, the government on Monday announced changes to a federal program that will make it easier for struggling homeowners to refinance to today’s near-record low rates. Under the new program, homeowners who owe more on their homes than they are worth will …
Permanent link to this article: http://www.greenbrierrealestateservices.com/troubled-homeowners-get-a-lifeline/
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