|
Important Resources  

Sales

Homebuying News  
MSNBC.com: Real estate

Fannie, Freddie woes raising mortgage rates

Tue, 19 Aug 20 ...MORE

Jeff Jaye, a mortgage broker in Northern California, used to rely on homeowners looking to refinance their loans for more than two-thirds of his business. Today, he rarely bothers with those applications because he knows most homeowners can't qualify for a new loan.


New home construction falls to 17-year low

Tue, 19 Aug 20 ...MORE

<p><a href="http://www.msnbc.msn.com/id/26286514/"><img align="left" border="0" src="http://msnbcmedia.msn.com/j/msnbc/Components/Video/080819/c_housing_bottom_080819.thumb.jpg" alt="Aug. 19: Has the housing market bottomed? A panel of experts on CNBC tackles the question. (CNBC)" style="margin:0 5px 5px 0" /></a>Construction of homes and apartments fell in July to the lowest level in more than 17 years, the government reported Tuesday.</p><br clear="all" />


Foreclosures likely skewing housing indicator

Tue, 19 Aug 20 ...MORE

As if the housing market wasn’t scary enough, the record-setting surge in foreclosures could be distorting some of the closely watched housing data used to gauge the market’s health.


'Liar loans' threaten to prolong mortgage mess

Mon, 18 Aug 20 ...MORE

<p><a href="http://www.msnbc.msn.com/id/26270434/"><img align="left" border="0" src="http://msnbcmedia.msn.com/j/ap/2327a01f-2973-4e3f-801b-94622295e01c.thumb.jpg" alt="Salvatore Fucile, 82 and his wife, Clara, from Springfield, Pa., wound up in an Option ARM from IndyMac after consolidating two mortgages on their suburban Philadelphia home." style="margin:0 5px 5px 0" /></a>The nation's struggling housing market, already awash in subprime foreclosures, is now getting hit with a second wave of losses as homeowners with liar loans default in record numbers.</p><br clear="all" />


Fannie, Freddie fall on renewed bailout fears

Mon, 18 Aug 20 ...MORE

Whether or not the government is actually on the verge of taking over mortgage finance companies Fannie Mae and Freddie Mac, investor fears that a bailout is imminent could turn such a worst-case scenario into reality.


Homebuilder sentiment remains unchanged

Mon, 18 Aug 20 ...MORE

Homebuilders are a little more optimistic about the prospects for home sales over the next six months, but an index reflecting the sector's confidence overall remained at an all-time low, an industry trade association said Monday.


Regulations affecting appraisers largely useless

Mon, 18 Aug 20 ...MORE

As soaring home prices set the stage for America's great housing meltdown, a critical step in making sure those home sales were a fair deal — the real estate appraisal — was undermined from within.


Inflated appraisal nearly cost couple their home

Sun, 17 Aug 20 ...MORE

<p><a href="http://www.msnbc.msn.com/id/26254107/"><img align="left" border="0" src="http://msnbcmedia.msn.com/j/msnbc/Components/Photo/_new/080817-appraise-hmed-11a.thumb.jpg" alt="Marie Petrone and her husband thought they were getting a good deal on North Carolina home. But an inflated appraisal almost caused them to lose everything." style="margin:0 5px 5px 0" /></a>After 25 years as a doorman on Manhattan's Upper East Side, Carl Petrone was ready to retire from the cold winters and his daily commute.</p><br clear="all" />


Best places to raise a family in the U.S.

Sun, 17 Aug 20 ...MORE

<p><a href="http://www.msnbc.msn.com/id/25625978/"><img align="left" border="0" src="http://msnbcmedia.msn.com/j/msnbc/Components/Photo_StoryLevel/080710/081007_live_hmed_11a.thumb.jpg" alt="The natural beauty of Muir Woods National Monument is just one of the great things about living in California's Marin County." style="margin:0 5px 5px 0" /></a>Hamilton County, Ind., tops Forbes' list. Ozaukee County, Wis., and Johnson County, Kan. came in second and third.</p><br clear="all" />


The fastest dying cities in the United States

Thu, 14 Aug 20 ...MORE

<p><a href="http://www.msnbc.msn.com/id/26127523/"><img align="left" border="0" src="http://msnbcmedia.msn.com/j/msnbc/Components/Photo/_new/080810-forbesdyingcities-hmed-5p.thumb.jpg" alt="In Canton, Ohio, a once-booming iron and steel industry has been in terminal decline for years." style="margin:0 5px 5px 0" /></a>The turmoil of the mortgage market granted a temporary reprieve from hearing about the woes of America's Rust Belt.</p><br clear="all" />


Trump to buy McMahon's home for him

Fri, 15 Aug 20 ...MORE

<p><a href="http://www.msnbc.msn.com/id/26209739/"><img align="left" border="0" src="http://msnbcmedia.msn.com/j/msnbc/Components/Photo_StoryLevel/080620/080620-Ed McMahon-vmed-439p.thumb.jpg" alt="Donald Trump will soon be Ed McMahon's landlord." style="margin:0 5px 5px 0" /></a>Donald Trump doesn't know Ed McMahon personally, but he's decided to help the financially troubled  entertainer out by buying his home and leasing it to McMahon.</p><br clear="all" />


Overbuilt market creating modern ghost towns

Tue, 12 Aug 20 ...MORE

<p><a href="http://www.msnbc.msn.com/id/25887040/"><img align="left" border="0" src="http://msnbcmedia.msn.com/j/msnbc/Components/Photo/_new/080811-kirkway-estates-bcol-1p.thumb.jpg" alt="When Michigan development Kirkway Estates was planned, it called for 179 homes. As of last year 15 were built." style="margin:0 5px 5px 0" /></a>Americans love new construction, but the crash of the real estate market has left many projects half — or less — finished.</p><br clear="all" />


30-year fixed mortgage rates hold fast

Thu, 7 Aug 20 ...MORE

<p><a href="http://www.msnbc.msn.com/id/7148582/"><img align="left" border="0" src="http://msnbcmedia.msn.com/j/msnbc/Components/Interactives/Business/Economy/Mortgage_rate_080814.thumb.gif" alt="" style="margin:0 5px 5px 0" /></a>Rates on 30-year mortgages didn’t budge this week, while rates on other home loans were a mixed bag.</p><br clear="all" />


Pending home sales rise unexpectedly

Thu, 7 Aug 20 ...MORE

A measurement of pending home sales rose in June in a rare piece of positive news for the beleaguered market.


Morgan Stanley to freeze home-equity lines

Wed, 6 Aug 20 ...MORE

Morgan Stanley told thousands of clients this week that they will not be allowed to withdraw money on their home-equity credit lines, according to a news report.


 Loan Calculator Minimize


$

%


$

$

    

Copyright 2007 by Charter Homes, LLC   |  Privacy Statement  |  Terms Of Use